Kabbage is branching out from the merchants in search of working capital where it built its original business and is now looking to individuals looking for personal loads. The new service for those potential consumers is Karrot, and the will toss the Atlanta-based start-up into...
Citi is finding that for a growing segment of consumers, the demand for physical paper checks has simply fallen to zero. Citi wants to reach those customers and earlier this week announced the launch of the Access Account, a checkless checking account with low or no...
Ecommerce company Gorilla Group and consulting firm itelligence announced last week that they had joined together to offer a new turnkey omni-channel B2B commerce option, Gorilla’s hybris Catalyst. According to a joint statement, the new tool will streamline the integration between hybris and SAP® enterprise business...
The University of Dubai announced last Wednesday (Aug. 27) that it had selected Three Rivers Systems’ CAMS Enterprise as its new enterprise resource planning (ERP) software. According to a Three Rivers statement, ease of use and a completely integreated offering were key factors in the university’s...
Bitcoin Tracker | Week 41 The launch of Apple Pay really has seemed to tamp down the buzz over bitcoin. That’s in spite of Cameron Winkelvoss’comment that he doesn’t see it as a threat because they are not comparable. Yep, he’s sure right about that. ...
Money transfers sent through kiosks in Russia have nearly doubled in the past year, according to Self Service World. Payment services provider Qiwi, which dominates the Russian money kiosk business, said that transfers through its own systems and those of its partner, Unistream International, grew...
Debt-collection startup TrueAccord was launched after co-founder Ohad Samet started getting phone calls at random times from a number he didn’t recognize — which turned out to be a debt-collection agency calling about a late payment on Samet’s Macy’s card. “Something is really broken in...
Incumbents such as Western Union and MoneyGram do it. Traditional players do it. So, still, do some banks. And Telcos do too in some markets. The “it” is enable people to move money to each other in and between countries. Hugo Cuevas-Mohr shares insights gleaned...
Though there has been a lot of talk and media coverage about the tremendous potential mobile payments offer to the poor, underbanked and financially disenfranchised around the world–minus a few bright spots (M-Pesa) the progress of mobile in bridging the gap between the banked and...
