The global engineering and construction company Fluor Corporation recently wrote a blog post about the success its found in Europe in terms of optimizing cash management. According to Fluor Finance Director Martin Blom, through his organization’s financial partnership with the ING Group, they have transformed...
According to SWIFT info, US became the fifth place in the world for RMB payments after mainland China, Hong-Kong, Singapore and UK. US flows from and to China and Hong-Kong represented 2.4% of the total and had 327% y-o-y growth in April. The RMB continues...
Cielo, Brazil’s largest merchant acquirer and Linx, an ERP provider, signed a non-exclusive partnership, which will bring management solutions to SMEs. The move is defensive for Cielo as it tries to defend its 56% market share menaced by new entrants. Its targets are retailers with...
Bradesco Seguros, a branch of one the big banks that offers medical insurance, will launch an Andorid and iOS m-wallet, developed by Scopus, which will enable customers to consolidate cards. Windows and tablet support will be available in a second phase. Get the Full Story...
The US celebrated Memorial Day this past week, but it might as well have been the 4th of July. Fireworks exploded in the bitcoin community over David Evans’ piece on Overstock’s acceptance of bitcoin, including from Patrick Byrnes himself. Then there were those pesky bots.
Virtual Piggy Inc., provider of the Oink payment technology for families and teens, has entered into a partnership with processor GlobalCollect for international processing support, the companies announced May 29. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Security researchers are warning of a new Trojan that combines elements of the Zeus and Carberp families of malware that is targeting more than 450 financial institutions, mostly in the U.S., U.K. and Australia. Get the Full Story Complete the form to unlock this article...
Coupang, a 4-year-old South Korean eCommerce firm, reportedly has secured a Sequoia-led $100 million funding round, pushing its valuation above $1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Smartphones and tablets during the first quarter of 2014 were used to initiate 34 percent of online retail sales in the United Kingdom, with 48 percent of visits to retailers’ websites being done with smartphones and tablets, a new research report shows. Get the Full...
