News

Experts Describe At NRF Show How New Technology Is Spurring Retail Innovation
January 16, 2014

As with all big trade shows, the amount of information shared, thoughts provoked, speculations made, and forecasts created can abound. And this week’s National Retail Federation’s Big Show in New York didn’t disappoint. In a show that draws some 30,000 people, it’s not difficult to...

Build-A-Coin, The iStun And The NSA’s 21st Century Surveillance Tool
January 16, 2014

Welcome to What’s Trending In Payments – a weekly look at the most popular, irreverent and important stories the payments industry had to offer over the past five days. Which companies grabbed the most headlines – for better or for worse – this week, and...

Western Union and Kimbia: Making Fundraising Simpler
January 15, 2014

Western Union Business Solutions, a division of the Western Union Co., last month struck a partnership with omnichannel fundraising platform provider Kimbia Inc. to provide organizations a service to help them better meet their fundraising and distribution goals internationally. Under the partnership Austin, Texas-based Kimbia...

News
WePay’s $15 Million In New Funding All About Its API
January 15, 2014

Phil Purcell, co-founder of Discover Card and former CEO of Morgan Stanley, now is focused on helping newer companies grow with Continental Investors. His latest venture involves WePay, which has built a payment application programming interface (API) specifically for such platform businesses as online marketplaces,...

MasterCard CEO Ajay Banga Applauds Cashless Nigeria Policy
January 14, 2014

The rapid evolution of the payments landscape in Nigeria was highlighted as a global success story by Ajay Banga, the President and CEO of MasterCard Worldwide, at an address to Central Bank of Nigeria (CBN) officials and other Nigerian officials and business leaders. Banga was...

Consumers Like The Personal Touch, But Will They Spend More?
January 14, 2014

Shoppers are responding positively to the personalization of eCommerce, new research shows. A new study from omnichannel digital marketing firm Listrak found that 77 percent of consumers are likely to make additional purchases if an option that matches their preferences is presented to them in...

SMBs’ Needs Helping Propel M-Commerce Innovation
January 14, 2014

Among American companies, more than 99 percent of which constitute small or midsize businesses (SMBs) with fewer than 500 employees, according to the US Census Bureau. Though organizations like the Small Business Administration often herald SMBs as laboratories for corporate innovation, smaller companies have not...

At Facebook, ‘Online Conversation’ More Than Talk
January 13, 2014

Facebook has closed a deal reportedly worth $15 million to acquire “online conversation” startup Branch. Evan Williams and Biz Stone, co-founders of Twitter, originally funded Branch, VentureBeat reported on Jan. 13. Branch can be used to position long conversations on social networks such as Twitter....

Issuers’ Pot Problems, Google’s Fashion Faux-Paus Top Week In Trends
January 09, 2014

Welcome to What’s Trending In Payments – a weekly look at the most popular, irreverent and important stories the payments industry had to offer over the past five days. Which companies grabbed the most headlines – for better or for worse – this week, and...