News

Merchant Innovation
Popmoney will Allow Friends and Family to Send Money Instantly
April 29, 2014

Customers will be able to send money instantly to friends, family and service providers who bank at participating financial institutions.

B2B Payments
Former SWIFT CEO Joins Payoneer Board
April 29, 2014

Former CEO of SWIFT, Lázaro Campos, has joined Payoneer, an online payments company that focuses on the way technology companies and SMEs send and receive cross-border payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
New African Mobile Wallet Enters Payments Platform
April 29, 2014

According to the bank, the new app has the potential to reach almost 9 million consumers in Uganda.

B2B Payments
Government Service Insurance System Goes Online
April 29, 2014

In the Philippines in July, the Government Service Insurance System (GSIS) will introduce an Electronic Billing and Collection System (eBCS). The web-based application  will enable GSIS to send its billing statements for premium and loan amortization to government agencies electronically, and accept payments online. Get...

Mobile Commerce
MoneyGram Signs Facebook App Deal With PicomoPay
April 29, 2014

Funds-transfer company MoneyGram on April 28 announced a deal in which U.S. consumers in May may begin sending transfers using PicomoPay’s Facebook application to more than 336,000 MoneyGram agent locations in 200 countries. Get the Full Story Complete the form to unlock this article and...

News
Apple has More Credit Cards on File Than Amazon
April 29, 2014

Apple has almost twice as many active credit cards on file than the ecommerce site.

B2B Payments
VersaPay Brings eInvoicing to Heartland Clients
April 29, 2014

eInvoice - 1, USPS - 0. The efficient distribution of eInvoicing solutions to SMBs just got a whole lot easier thanks to a VersaPay/Heartland deal to target small and midsize companies that still generate paper-based invoicing and stick them in the mail.

B2B Payments
A New, Venture-Backed Health Insurance Company, Competes Against Industry Giants
April 29, 2014

One startup that has emerged from the Affordable Care Act is Oscar, a venture-backed health insurance company that launched on the New York State Health Plan Marketplace. This is New York State’s first new commercial health insurer in 15 years. Get the Full Story Complete...

Cool
Will LivingSocial’s ‘Strategic Refocus’ Be Enough?
April 29, 2014

Local deals and marketplace provider LivingSocial once had grand plans for an initial public offering, but Groupon’s IPO flop apparently altered that thinking. Now the struggling company is focused on making internal fixes, including selling off unwanted assets. Will the proceeds from those sales provide...