International

Company Spotlight
Putin to MasterCard And Visa: “Pay Up”
May 06, 2014

Russian President Vladimir Putin has signed into law legislation that puts major constraints on foreign card brands doing business in that country, especially Visa and MasterCard. What's the deal? Billions in security deposits if they want to do business in the country.

International
Bluefly Plans to Expand Global Online Shopping with Pitney Bowes
May 06, 2014

The software will helps make international online purchasing and shipping simple for consumers.

International
American’s New eCommerce Innovation Is Yesterday’s News In China
May 06, 2014

Consumers with a dual passion for Twitter and Amazon saw their ideal world come into fruition recently with the launch of a collaboration that now makes it possible to tweet ones orders to Amazon. By responding to Twitter adds with #AmazonCart, users can save an...

B2B Payments
Europe Becoming Fleet Card Providers’ Latest Battleground
May 05, 2014

Both FleetCor and WEX have announced takeovers of the fuel card portfolios of two large oil companies in Europe, opening up opportunities for both to expand in the region. Shell and ExxonMobil, meanwhile, surely will benefit as well as the two companies handling their fuel...

Company Spotlight
MasterCard’s CEO Cites Russia And Europe As Challenges
May 02, 2014

MasterCard posted favorable first-quarter numbers, but questions arise about pending legislation in both Russia and Europe that could affect card brands and pricing. Learn what MasterCard CEO Ajay Banga told analysts when asked about the impact to MasterCard’s future.

International
Blackhawk Launches Virtual Gift Cards for Smartphones in Canada
May 02, 2014

The application allows customers to safely store eligible payment and gift cards on their smartphones and make purchases directly from the phone by simply holding it up to contactless payment terminals.

Europe
Virgin Atlantic to Use iBeacon at Heathrow Airport in UK
May 02, 2014

Passengers will be able to receive information and offers through Passbook.

International
Will Alibaba Reclaim Its Stake In Alipay?
May 01, 2014

After spinning the payments wing of the company, Alipay, off in 2011 to more successfully navigate regulatory issues within the Chinese government bureaucracy, Chinese e-commerce giant Alibaba is reportedly in talks to reclaim a large portion of its lost stake in its erstwhile payments section....

Europe
Contactless Card Use in UK Reach Record Highs
April 30, 2014

UK contactless card transactions reached a record high in March, more than 200 percent from a year earlier.