Gap Between eCommerce Investment And Brick-and-Mortar Widens
February 04, 2013

eCommerce will be UK retailers’ biggest IT investment priority over the next three years as they look to capitalise on the rapid growth in online commerce, according to new figures from Martec’s ‘IT in Retail 2013’ Report. The report questioned IT directors and senior IT...

Western Union Provides Underbanked With Financial Dignity
February 04, 2013

Western Union made headlines twice in one day last week, announcing two milestones that advanced its global stored value strategy in two pretty big ways. Market Platform Dynamics CEO, Karen Webster, spoke with Mike Hafer, Senior Vice President Global Stored Value for Western Union, to...

Bank Of America Experiences Online, Mobile Outage
February 04, 2013

Bank of America’s online and mobile banking platforms were unavailable for nearly 10 hours on Friday, February 1, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Senator: Republicans To Block CFPB Director Nominations
February 03, 2013

Sen. Michael Crapo (R – Idaho) has announced that house Republicans will look to block any appointments for Director of the Consumer Financial Protection Bureau (CFPB) until the agency is restructured, according to BankCreditNews.com. Get the Full Story Complete the form to unlock this article...

Remittance Grows In Strong Week For Payments
February 03, 2013

The payments industry grew 0.89 percent this week thanks to strong performances by the remittance industry as well as modest growth across the board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Western Union Extends Prepaid Card Program
February 03, 2013

Western Union Company announced that it has extended its prepaid receive card program to Costa Rica and Guatemala. The card, offered together with AirPak, Western Union’s Agent in Central America, allows receivers of Western Union Money Transfer transactions to put all or part of those...

SagePay Joins Forces With Income Systems To Launch Payments Solution
February 03, 2013

SagePay has announced a partnership with Income Systems to launch a card payment solution on Salesforce.com’s AppExchange. The solution will allow businesses to take card payments through Salesforce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Exchanging Miles For Money : A Success Story
February 03, 2013

PointsPay, the mobile wallet that lets you exchange loyalty points and miles into money has announced its PointsPay app has been updated. The key feature of this new consumer interface is the ‘Quickloader’ process, enabling users to load points onto a PointsPay virtual or plastic...

UK: Retail Groups’ Credit Cards Fare Better Than Banks’
February 03, 2013

In the UK, customers have rated credit cards for leading high street banks less favourably than retail groups’. Brands like John Lewis, Tesco, M&S, Co-op and Sainsbury’s are providing better service than many banks, and have been honoured in uSwitch.com’s ‘Top 10 Credit Cards of...