Russian President Vladimir Putin has signed into law legislation that puts major constraints on foreign card brands doing business in that country, especially Visa and MasterCard. What's the deal? Billions in security deposits if they want to do business in the country.
Both FleetCor and WEX have announced takeovers of the fuel card portfolios of two large oil companies in Europe, opening up opportunities for both to expand in the region. Shell and ExxonMobil, meanwhile, surely will benefit as well as the two companies handling their fuel...
MasterCard posted favorable first-quarter numbers, but questions arise about pending legislation in both Russia and Europe that could affect card brands and pricing. Learn what MasterCard CEO Ajay Banga told analysts when asked about the impact to MasterCard’s future.
Passengers will be able to receive information and offers through Passbook.
UK contactless card transactions reached a record high in March, more than 200 percent from a year earlier.
mPay, which allows users to send up to £250 a day on their mobile phones using only phone numbers and without disclosing banking details, is already available to 30 million British Customers–those who bank with Barclays, Bank of Scotland, Halifax, HSBC, Lloyds, Santander or TSB. Get the...
The start-up is hoping to use universities to attract retailers.
Paym plans to launch on Tuesday, however, many consumers are saying that they do not plan on using the app, according to a survey.
WEX Inc. a provider of corporate payment solutions, announced that WEX Europe Limited has entered into an international agreement with Conferma, a provider of Virtual Card Number (VCN) technology for corporate travel and expense. Get the Full Story Complete the form to unlock this article...
