Walmart announced earlier this month that it is ready to strengthen its position in the e-commerce market. According to a recent article on The Street, the e-commerce revenue at Walmart.com accounts for less than 3 percent of Walmart’s total sales. However, with a new CEO...
The Brixton Pound organization announced this week that it has partnered up with payment solution provider Dingo to bring iBeacons to the southwest London area. Additionally, Brixton Pound worked with kontakt.io for the iBeacon hardware and integration aspect. Get the Full Story Complete the form...
The report “National Payments Schemes: Drivers of Economic and Social Benefits?” shows domestic payment schemes, which predominantly run debit cards, are an economic-sound alternative to international giants MasterCard and Visa as they offer customized services and local decision making. The study also showed their costs...
Chilean Banco de Crédito e Inversiones has started the first phase of Clear2Pay’s Open Payment Framework project with 60k domestic firms. In a second phase it will be extended to all types of payments. Get the Full Story Complete the form to unlock this article...
Bancorp Bank’s recent FDIC consent-decree agreement has hobbled the nation’s top prepaid issuer and will likely open the prepaid market to others. But the FDIC’s actions aren’t limited to prepaid card issuers, as Discover can attest which was the target of FDIC’s probe into potential...
Mobile is the tool of choice for consumers and merchants as they meet at the intersection of on and offline commerce. But how to best use this powerful tool in pursuit of an omnicommerce vision is the subject of much debate and experimentation. Some retailers...
For those career-driven individuals who are itching to start their own business, there is one increasingly common trend to keep in mind: no need for checks. While being able to accept personal checks – or even a check from another company – was a mainstay...
Mobile savings app iBotta has finished off a $20 million funding round lead by notable Silicon Valley entrepreneur Jim Clark—founder of Netscape, Silicon Graphics and WebMD. TechCrunch reports that Clark, as a result of the funding, joined the company’s board of directors. Get the Full Story...
Earlier this week, the CEO for the health care payments network InstaMed, Bill Marvin, wrote a contribution blog piece explaining how online payments can help improve health care efficacy. Marvin cited data from a recent InstaMed survey, which found that 76 percent of providers said...