Brazilian Development Bank BNDES will start using Brazilian Payment System by end of June. For this reason it will discontinue intermediation of third parties. This change will bring better customer services and more efficiency according to the bank. All accounts held at third parties will...
Earlier today at an event in Seattle, Amazon unveiled the Fire Phone, its first foray into the smartphone market, nearly seven years after the iPhone fist dropped. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
It’s getting awfully crowded in the P2P2B space these days. Dwolla Direct launched yesterday which will enable individuals and businesses to pay each other directly from their checking accounts. It says an easy registration process will convert more check users to regular e-payment customers. Find...
North American-based First Global Data has formed a JV with the Chennai-based teleshopping venture RP Telebuy to deploy an m-payment and digital wallet in India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Telco regulator Anatel is seeking new business models for pay phones. In 2004, 42 percent of population used orelhaos vs. 4 percent in 2010 as mobile phones became widespread. Prepaid magnetic cards will be discontinued in three years as only 132M were manufactured in 2011...
Santander signed a partnership with Funding Circle, a P2P network, to mutually refer potential lenders in UK. Authorities back P2P lending as it allows financing for SMEs. In February it financed a GBP 40M loan round by Funding Circle. Get the Full Story Complete the form...
Hospital executives are seeing improvements in the economy, but they also continue to feel pressure to improve the efficiency with their facilities, a new survey report shows. To help address cost management, many are becoming interested in partnering with public and private payers in risk-based...
The conventional wisdom is that banks don’t care about small-businesses. However, as more competition has entered the field, and more banking functions are being offered at lower cost with more attention, bankers are taking notice across the U.S. and in Europe. Will big banks be...
The slow path to digital wallets ignition has caused some in the business to say that they’re all but dead and more or less the payments equivalent of the Edsel. Fact or just a case of underestimating the slog that is ignition in payments? MPD...
