International

Commentary
Alibaba: The Other 550M Gorilla in Payments
May 12, 2014

While everyone in payments has been focused on another player out west whose name begins with an “A” no one has really paid much attention to the other one even father west with even greater payments and commerce ambitions. MPD CEO Karen Webster gives you...

International
Hearst-backed Manilla To Shut Down
May 12, 2014

The Hearst-backed service for managing bills, Manilla is slated to shut-down on July 1, due to inability to bring the business to scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Chrysler Struggling To Pay Suppliers On Time
May 12, 2014

Due to technical snags with a new software system, Chrysler is struggling to pay suppliers on time. The software program began on January 1st for about 1,500 suppliers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
UK Technology Powers Payments Platform in Singapore
May 09, 2014

Payments in Singapore have been modernized by a new real-time payments platform that was put in place by the UK-based VocaLink. FAST, will now be able to electronically transfer funds in seconds, rather than the two to three days that it used to take.

Europe
New On Vodafone: mWallet Storage for Loyalty Cards
May 09, 2014

Vodafone customers in Germany, Spain and the Netherlands will soon be able to pair the Visa-enabled contactless  payment option SmartPass with a new feature that will allow them to save all of their loyalty cards on their phones. The service is powered by Austrian software company Bluesource’s technology....

B2B Payments
2014 Euromoney FX Survey Results Released
May 09, 2014

The results of the annual Euromoney foreign exchange survey, which was first launched in 1976 have been released. The survey continues to be the key benchmark for the global FX industry and provides transparency and insight into the industry’s leading players. To learn about the...

Europe
Swedish iZettle Nabs EUR40 M In Series C Funding
May 09, 2014

Swedish mPOS firm iZettle has just closed out a lucrative €40M series C funding round led by London-based Zouk Capital. Zouk was joined by Dawn Capital, Intel Capital, and previous investors Creandum, Northzone, Index Ventures, Greylock Partners, and SEB Private Equity. Get the Full Story Complete the form to...

International
Shoprunner And Alipay Join Forces To Serve Chinese Consumers
May 08, 2014

Shopping for goods in the U.S, is about to become a whole lot easier for Chinese consumers, as Alibaba has announced that starting this summer it will combine with ShopRunner Inc. to allow them to shop on the Web directly from U.S. retailers who otherwise...

Europe
Boku Strikes European Carrier-Processing Deal With Deutsche Telekom
May 08, 2014

Mobile carrier-billing specialist Boku Inc. on May 8 announced an agreement with European mobile-network operator Deutsche Telekom Group. The partnership expands on a previous agreement between the two in Germany to cover Deutsche Telekom’s entire user base in Europe of over 140 million subscribers across...