Australian-based MYOB wants it deliver what its acronym stands for….for businesses of all sizes to “mind your own business” while they mind the back office, including payments. Its biggest beef was that business payments have been slow to move online, and cash flow has suffered...
MasterCard announced today its first-quarter earnings for 2014. According to a company blog post, net revenue growth was 14 percent due to a “double-digit increase in both gross volume and processed transactions.” Net income also increased by 14 percent, and earnings per share rose 18...
Wal-mart is testing a new pick-up feature for online orders.
500 Startups' founder is organizing a group around Bitcoin and other financial services.
Many transactions are not being approved on the online site.
Do you know… how many tens of millions of dollars Americans will spend on Mother’s Day this year? How many consumers will exchange personal information for a good deal? How many trillions of dollars the credit card industry will process this year? If not, keep...
"Bitcoin as a currency is so last year" is the sentiment in Silicon Valley these days. Serious enthusiasts of bitcoin and its digital currency brethren insist that the thing that will change the world is "the protocol" - the block-chain and the rules for verifying...
In a recent conversation with Fortune, American Express CEO Ken Chenault spoke about the future of commerce, which he believes is mobile. According to Chenault, mobile payments represent a $25 trillion dollar a year opportunity, with five major players—Google, Apple, Amazon, Alibaba and Facebook. Get the...
Western Union had a mixed first quarter in 2014, reporting both a drop in net profits but an uptick in revenue in 2014. The Colorado-based money transfer service reported first-quarter net income of $203 million, which represents 4 percent from $212 million in the first...