In a recent Trade Finance Matters contribution piece, author David Gustin explored why financial institutions are struggling to find the best ways to provide supply chain finance to their customers, and also open account capabilities to their clients beyond traditional trade. Get the Full Story...
Orange and BNP Paribas are introducing a new retailing banking service in Africa that would make easy two-way money transfer between Orange Money and BNP Paribas accounts possible. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The battle for mobile app market dominance between Google – whose Andriod platform that powers the majority of cell phones on the market – and Apple – whose app store dominates in downloads and developer interest – has opened a new front: mobile health. Get...
California-based oil company TRC Operating Co., Inc. has reached a settlement with United Security Bank for reimbursement funds stolen during a 2011 cyberheist on the company’s accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
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...
