International

The Financial Inclusion Game Changer
August 28, 2014

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...

What Most ATM Cash Planning Models Miss
August 27, 2014

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...

Former Sage Ireland CEO Joins ERP Company’s European Expansion
August 26, 2014

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...

International
Japanese Auto Parts Makers Face $202M Antitrust Fines
August 22, 2014

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...

Europe
ECB Eyes New Payments’ Oversight Regulations
August 22, 2014

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...

International
Is This How Amazon Will Enter China?
August 22, 2014

Amazon is boosting its presence in China by setting up shop in Shanghai’s free trade zone, a move that lets the online retail giant take advantage of less-stringent trade regulations to sell a wider range of products, according to Reuters. Get the Full Story Complete...

International
A Cross Border Commerce Case Study: uSneaker and Its Missing $10 Million
August 22, 2014

The world is global, so why isn’t eCommerce? MPD CEO Karen Webster hosted a digital discussion with BlueSnap CEO Ralph Dangelmaier and President of iGlobal Stores Clint Reid to get to the bottom of why 75 percent of merchants in the US aren’t capable of...

B2B Payments
What Business Travel Optimism Means To B2B Companies
August 21, 2014

Across the globe, more travel buyers are becoming increasingly optimistic about business travel, according to a recent report. This means longer trips and higher travel spend budgets for many firms. But where is all of this optimism coming from, and is it going to last?...

B2B Payments
Kenya Launches Online eProcurement System
August 20, 2014

The Kenyan government reportedly has launched an online system for submitting and evaluating procurement applications as it looking to become more efficient. The government’s goal also is to weed our corruption while also speeding up the procurement process. Get the Full Story Complete the form...