News

B2B Payments
Basware Lands eProcurement Buyout
April 01, 2016

Procure-to-pay and eInvoicing solutions provider Basware flexed its collaborative muscles last month when it announced a partnership with WEX in an effort to streamline B2B payments with a joint invoice payments tool. On Thursday (March 31), the company revealed that it will be working with...

B2B Payments
IBM Isn’t Buying Salesforce — But This Is Close
April 01, 2016

IBM, like Microsoft, was rumored in recent months to be planning a takeover of Salesforce as it looked to enhance its enterprise focus and boost its Global Business Services consulting unit. On Thursday (March 31), reports emerged that IBM has indeed struck a buyout deal...

B2B Payments
The B2B Well Dries Up Quick For VCs
April 01, 2016

Q1 may be known for sluggish venture capital, but with the quarter quickly wrapping up, B2B startups aren’t entirely left in the dark. This week, a steady trickle of funding amounted to about $18 million. It all streamed in early on in the week, and,...

Payment Methods
Moving Beyond Silos For AR Management
April 01, 2016

In managing accounts receivables, corporate banking has been marked by inefficient processes and a “silo mentality.” FTNI, in a recent e-Book, offered up a roadmap toward embracing the cloud to eliminate isolated systems and processes.

Walmart Launches Rewards
April 01, 2016

In the past, Walmart has stayed away from rewards programs — particularly those based on discounting — instead favoring a focus on everyday low prices. But as that competition becomes increasingly crowded — and complicated — in the digital age, Big Blue is feeling pressure to modify its tactics...

BoA Lets Online Banking Customers Enroll In Visa Checkout
April 01, 2016

Bank of America said on Thursday (March 31) that it will begin pre-selecting eligible Visa cards owned and used by customers to be enrolled in Visa Checkout directly from BoA Online Banking. In a press release, the firm said that, in a move toward simplifying...

Green Dot Processor Migration Project At Halfway Mark
April 01, 2016

Green Dot announced yesterday (March 31) that it has successfully migrated nearly 50 million account files to the MasterCard Payment Transaction Services (PTS) processing platform. This second planned conversion wave involves an additional 15 million accounts and was completed earlier in March. Prior to this wave,...

Mobile Commerce
Uber App Will Enable Hotel Check-In
April 01, 2016

Uber is working hard to make sure its service isn’t just convenient but is also nice and personal for riders. Which leads to this week’s launch of new “trip branding and personalization” features in the Uber app, designed to give Uber riders useful information and content during...

Security & Fraud
PayPal Dodges Security Bullet
April 01, 2016

PayPal thwarted a security vulnerability that would have enabled malicious emails to be sent from its platform thanks to its bug bounty program. The issue was patched after it was revealed by researcher Benjamin Kunz Mejri of German firm Vulnerability Lab, which found the application-side...