Global payment firm WEX, Inc. announced on Tuesday (Aug. 26) that its European division entered into an agreement with event management company Zibrant. With the partnership, Zibrant will have access to the WEX Virtual Credit Solution, according to a WEX statement. Get the Full Story Complete...
Two new amendments to NACHA’s operating rules were approved by the Electronics Payments Association, according to Finextra. The amendments are designed to improve the ACH Network quality by decreasing the amount of ACH transactions that result in exceptions and returns. Get the Full Story Complete the...
UK publisher IPC Media and Silicon Valley mobile payments startup Boku have partnered to create a “Text-to-Pay” package that will offer IPC’s top print magazine subscriptions to individuals via text, according to a Boku announcement released today. Readers can subscribe by texting a keyword to...
Today, MasterCard is launching a ground-breaking program in Nigeria with the cooperation of the Nigerian government. This program uniquely combines a national ID card with electronic payments. Daniel Monehin, MasterCard’s Division President for Sub-Saharan Africa, sat down with MPD CEO Karen Webster to discuss why...
Don’t think of prepaid products as only for the unbanked, or even the unhappily banked, says Chuck Harris, President at NetSpend. He’d prefer to think of it as a tool for the “self-banked” - those people who like and need the flexibility that stored value...
IT services firm Sonata Software announced earlier this week that it purchased a majority stake in cloud-based travel management company Rezopia Inc. With the move, Sonata hopes to strengthen its travel vertical by using Rezopia’s software-as-a service travel IT platform, according to a company statement. Get...
Square has upgraded its Square Cash P2P payment app with the ability to send payments via text messages, and raised the ante in its competition with PayPal-owned Venmo, according to VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Citi has launched its own digital wallet for online purchases, using MasterCard’s MasterPass system so customers won’t type in an unencrypted credit card number, the bank said in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
ATM cash planning requires a delicate balance of having enough cash on hand to satisfy consumers but not so much that banks can’t put extra cash to work. Models can help, says TSYS Deputy Director General for Moscow Andrei Povarov in a recent interview with...
