Next Jump, host of next generation shopping platforms adopted by MasterCard and most Fortune 1000 companies, is launching a program that allows its members, who earn proprietary WOWPoints™ on every transaction, to redeem their points in-store like cash at select designer boutiques including Diane von...
TechCrunch is reporting that American Express has acquired Sometrics, an in-game payments provider and virtual currency platform, in a deal worth $30 million. “Both parties declined to reveal further details about the split between cash and stock,” adds TechCrunch. “Sometrics will become part of the Enterprise...
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Bank of America, the nation’s biggest bank, announced last week that 30,000 jobs will be cut. CEO Brian Moynihan said bank is aiming to lower consumer business expenses by $5 billion annually. The Wall-Street Journal later published an opinion piece that asserted “these layoffs are...
Well, the day we had all been waiting for finally arrived. Yesterday, September 19th, Google launched its long-awaited and much-anticipated Google Wallet. The Web is buzzing with news of this launch, but let us boil it down for you (a convenient listing of all of...
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Bankers and executives are doubtful the sector will be able to meet a 2014 SEPA compliance goal, according to a straw poll conducted during the annual Swift summit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Citi today announced that its Treasury and Trade Solutions has gone live with eXtensible Markup Language (XML) standard ISO 20022 camt.052 and camt.053 messages for client statements. Microsoft Corp. has implemented this service in its treasury operations. Get the Full Story Complete the form to...
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