For farmers across the developing world, being trapped in a cash-based economy is costly. Those costs come in all forms—what commodity buyers farmers can work with, security risks associated with constantly carrying around large wads of currency, the unpredictable price fluctuation and pressure to produce...
Alibaba’ payments arm Alipay has partnered up with Chinese handset maker Huawei to help consumers have mobile payments literally at their fingertips. The companies are working to create a mobile payments system that uses the fingerprint reader to be built into Huawei’s forthcoming Mate 7...
Over the past week, PYMNTS.com’s brief’s coverage in this newsletter has spanned a broad variety of issues. In this column, we take a look at five common elements that link many of those stories, in essence making them the “trends of the week.” Get the...
Micronesia’s Division of Procurement and Supply announced this week that government agencies have until September 15 to sign contracts for projects, issue requests for proposals and requests for purchase of supplies and equipment. Get the Full Story Complete the form to unlock this article and enjoy...
Today, MasterCard is launching a ground-breaking program in Nigeria with the cooperation of the Nigerian government. This program uniquely combines a national ID card with electronic payments. Daniel Monehin, MasterCard’s Division President for Sub-Saharan Africa, sat down with MPD CEO Karen Webster to discuss why...
ATM cash planning requires a delicate balance of having enough cash on hand to satisfy consumers but not so much that banks can’t put extra cash to work. Models can help, says TSYS Deputy Director General for Moscow Andrei Povarov in a recent interview with...
Cloud accounting and ERP company VersAccountsannounced last week (Aug. 21) that the former Sage UK/Ireland CEO Liam Mullaney will be joining the firm to help in its European expansion. According to a company statement, Mullaney’s experience working as a business software publisher will be beneficial...
China’s National Development and Reform Commission (NDRC)stated on Wednesday (Aug. 20) that 12 Japanese auto parts makers have been fined 1.24 billion yuan ($202 million) for their involvement in an alleged price-fixing scheme. Sumitomo Corp., Mitsubishi Electric Corp. and Denso Corp. are some of the...
The European Central Bank has identified four key payment systems under new regulations that took effect this month, making the payment systems subject to tighter regulatory control, Finextra reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
