Not having standardized payment workflows makes it difficult for many companies with wieldy systems to track their cash flow, according to a new report. Consolidating banking relationships and centralizing the process can save money through greater efficiencies while also reducing the potential for fraud.
What’s the relationship between ATMs and retail? According to Cardtronics CEO Steve Rathgaber during his most recent analyst call, about an 8x increase in monthly consumer debit spend for retailers with ATMs in their stores.
Outsourcing solution provider, Capita, is integrating Barclays Pingit to enable customers in both the private and public sectors receive payments made via mobile app. 310 UK organizations that use Capita’s payment services will be able to offer their customers Pingit as an alternative to Internet...
Earthport, the cross-border payments service provider, announced it has signed a multi-year contract with HSBC with a ‘significant’ minimum revenue commitment. The contract will allow the group to expand its global disbursements product across countries in Central and Eastern Europe, and the Asia Pacific region. Earthport CEO...
Picomo Pay and MoneyGram are teaming up to allow U.S. users to easily transfer money through PicomoPay’s Facebook application to approximately 336,000 MoneyGram locations in more than 200 countries. “The opportunity to have a relationship with PicomoPay furthers our goal of accelerating the growth of our self-service...
It's official! Chinese e-commerce juggernaut Alibaba has filed for a U.S. IPO, and by all analyst predictions it is going to be a monster. With the filing comes many answers about what the companies annual revenue, market capitalization and market share are. However, the new...
One of the largest government processors, NIC, has seen its share of ups and downs over the years, as the trials and tribulations of supporting government contracts plays out on their bottom line. Q1 results report that while the company is losing business from one...
The rest of a new market report on the global healthcare electronic data interchange market has predicted that the market will grow at a substantial rate and will be worth $1.7B by 2018. Many factors are responsible for the growth and the report has analyzed...
Card payment acquirer and service provider EVO Payments International (EVO) has joined omnichannel POS provider iConnect “to launch a merchant processing program that allows same-day integrated merchant processing capabilities,” according to a company release. The EVO program will provide iConnect with a streamlined, quicker customer...
