Visa acquires Fundamo for $100 million
Thu, Jun, 9 2011
Sluggish take-up of e-invoicing not a technology fault
Wed, Jun, 8 2011
Slow e-invoicing adoption is down to corporates’ reluctance to change their payment behaviour and is not the fault of the technology available in the market.Free
eWise secures $14m in funding
Wed, Jun, 8 2011
Online financial management solutions provider eWise has secured $14m in its latest financing round thanks to its “simple yet disruptive proposition”.Free
Large firms falling behind mid-size in invoice management
Tue, Jun, 7 2011
Payment processes are less expensive and time-consuming for mid-size companies as a study shows they are outperforming their larger contemporaries in invoice management.Free
Travelex launches payments into China
Mon, Jun, 6 2011
Travelex Global Business Payments has announced that its business customers will now be able to trade in Chinese renminbi.Free
Uncertain future for Interac
Wed, Jun, 8 2011
Canada’s domestic debit network Interac has so far been able to fend off the threat of the international networks entering the local debit market. However, its future remains uncertain as Interac’s not-for-profit status means that it is limited in its ability to compete against further challenges from the likes of Visa and MasterCard, writes Jane Cooper.
RSA offers to replace SecurID tokens
Wed, Jun, 8 2011
Business security solutions firm RSA has offered to replace its SecurID tokens for selected customers as it reveals information from a recent RSA hacking was used to attack a major US government defence contractor.Free
Contis Group acquires GTP Financial Services
Tue, Jun, 7 2011
Online banking and prepaid card technologies provider Contis Group has acquired prepaid card issuer GTP Financial Services for an undisclosed sum.Free
BP rolls out contactless payment terminals
Tue, Jun, 7 2011
BP petrol stations, together with its German unit Aral, will begin accepting MasterCard PayPass contactless payments across its UK, Swiss and German forecourts over the next two years.Free
EPC opens consultation on latest SEPA requirements
Mon, Jun, 6 2011
The European Payments Council (EPC) and the Cards Stakeholders Group have released the latest SEPA Cards Standardisation Requirements for public consultation.Free
CUP strikes card acceptance deal in Brazil
Fri, Jun, 3 2011
China UnionPay (CUP) payments cards are to be accepted in Brazil for the first time following an agreement with merchant acquirer Redecard and Latin America’s Banco Itau.Free
Monarch Airlines axes debit booking fees
Fri, Jun, 3 2011
Monarch Airlines has blasted its rivals for “stinging” customers with hidden fees as it makes moves to abolish debit card fees and cap credit card fees for booking flights.Free
UK MPs accused of credit card misuse
Fri, Jun, 3 2011
Calls for greater transparency in the credit card spending behaviour of UK public sector staff are becoming deafening as MPs have once again found themselves in hot water regarding their expenses.Free
