Over the weekend Target had customers chirping about the company on Twitter, but not in a positive way. According to CNBC’s twitter feed, the Minnesota-based retailer explained through Twitter that the delays customers were experiencing in checkout lanes across the country was “not related to...
On January 1, 2015, Basel III will be implemented into the U.S. Previously, the public sector compensated banks with cash balances to receive services and credits for those balances. What exactly does this change mean? A recent Trade Financing Matters article highlighted the importance of...
In a move to perhaps curb illegal online downloads, PayPal UK announced earlier this week that it is extending its buyer protection to cover services, digital goods, travel tickets and “other intangible items,” reported a recent Gizmodo post. Get the Full Story Complete the form...
Many businesses are working to find a comprehensive solution to the health care payments system, ensuring that all parties are satisfied and given payment options that suit their needs. Yesterday, WEX, Inc. took a major step forward in accomplishing that goal with a key acquisition.
One of a rapid proliferation of services looking to cash in on the customers desires to never go to a store again and also receive deliveries on the same day, InstaCart received a $44 million dollar boost in the form of a funding infusion in...
China UnionPay and the Australia Post signed a partnership for which the bank will start accepting CUP’s 4.2 Bn cards in circulation and promote additional products in the future. Auspost has 4.4k urban and 2.6k rural establishments making it the largest retail and banking network...
Bank of Mexico and UNAM presented the report “Financial Cuture of Mexican Youth”. The researches held ten focus groups in five cities and 3.2k surveys of Mexicans aged between 15 and 29. Finding shows only 22% of them control their budget while 61% hasn’t thought...
The national shared payments systems of Kenya (Kenswitch), Tanzania (Umoja Switch), Uganda (Interswitch) and Rwanda (R-Switch) have integrated their ATM networks. The integration will facilitate operability within the East African countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
When it comes to saving for retirement, millions of Americans do not have a plan. And the Treasury Department wants to do something about that. In this latest edition of PYMNTS Voice of the Treasury Series, Assistant Secretary Richard Gregg explains how the government’s myRA...
