In support of its push to tackle the U.S. Market, Optimal Payments Plc has moved to acquire California-based payment processing entity Meritus Payment Solutions (business name of TK Global Partners LP) for $210 million. The deal will be paid out in $150 million cash, and...
Buffalo-based M&T Bank announced earlier this week that it was going to put microchips in its commercial credit cards. According to a recent American Banker article, the microchips will enhance the cards’ security while also improving the purchasing experience for M&T business clients when they...
Walmart India announced last month that it would soon be bringing B2B e-commerce options to the nation. At the time, Walmart India’s CEO Krish Iyer told Reuters that his company can address a $50 billion market out of the total $300 billion worth Indian wholesale...
It’s taken four years, but a civil antitrust case the Department of Justice filed against American Express in 2010 is set to go to trial on July 7. The DOJ wants Amex to allow merchants to let customers know they have options to pay that...
Mobile solutions provider Mahindra Comviva was named the “Mobile Commerce Vendor of the Year” at the 12th edition of Frost & Sullivan India ICT Awards. Frost & Sullivan held a ceremony to honor Mahindra Comviva in New Delhi on June 24th. According to a Mahindra Comviva...
Microsoft launched a sneak attack against malware earlier this week that did lead to two major malware networks being taken down—unfortunately at the expense of 4 million legitimate sites that were swept up as collateral damage. The “sneak attack” was carried out after a Nevada...
On Monday, June 30, ProtonMail – a secure email startup – reported that PayPal had frozen its account. However, recent reports say that the freeze has been reversed, and that it had occurred because of a technical problem. According to GigaOm, ProtonMail received no warning...
Monetizing a social media platform is not easy to do, but Twitter is committed to doing it. The company has confirmed the purchase of TapCommerce, and though the Twitter did not confirm the amount in its blog post about the acquisition, sources close to the...
B2B sales and relations are expected to grow as more companies seek out their objectives to expand and diversify, an emerging trend this year discovered in a recent analysis of 10,000 firms globally. But first they need partners to help in the process. Guess what...
