News

B2B Payments
Amazon’s Hand In Dropbox’s Success
April 15, 2014

Still a private company, Dropbox has been guarded about the details of their business, however when it finally files for its much-anticipated IPO, the fling may show that their finances will be awarded an A+! Dropbox is expected to show even spending, particularly for the...

B2B Payments
What’s Draining Fleet Profits?
April 14, 2014

Fuel prices charged by trucking fleets have been under the microscope since the Pilot Flying J corporate headquarters were raided by the FBI and IRS officers in April 2013. As a result fleet management companies are changing the way they managed their fleets. The investigation...

B2B Payments
Illinois Moves To Add Payroll Card Protections
April 14, 2014

By Jeffrey Green (@epaymentsguy) (https://twitter.com/epaymentsguy) The Illinois Senate is considering a bill approved in the state’s House of Representatives on April 10 that would limit how much consumers pay for payroll cards and provide them with certain additional protections. The bill amends the Illinois Wage...

News
Feds Give ‘OK’ to Businesses to Share Cybersecurity Threat Info
April 14, 2014

On Thursday, the Justice Department and Federal Trade Commission sent corporate America a policy statement stating that it was OK to share cyber threat information, according to The Business Journals. “This statement should help private businesses by making it clear that antitrust laws do not...

Group of Investors Seeks to Purchase Mt. Gox for 1 Bitcoin
April 14, 2014

Mt. Gox filed for bankruptcy in February after hackers had stolen 750,000 bitcoins from customers, and 100,000 from the company itself.  Now a group of investors is seeking to purchase the company for a token payment of one bitcoin, according to The group includes former...

News
Retailers Considered Still Vulnerable to Card Fraud Until Banks Upgrade to EMV
April 14, 2014

After the Target and Neiman Marcus security breaches, one would assume that U.S. retailers were doing what they can to help prevent another incident.  However, Bloomberg Business Week is reporting that many retailers are still vulnerable to credit card fraud.  Many companies are still behind...

Bitcoin Mining Train Losing Steam as Some Face Cash Losses
April 14, 2014

When the value of virtual currency jumped in value last year, many turned to the mining industry and bought expensive computer equipment to aid the task. “If you mine at the moment, you have to be very lucky to get anything,” Mehmet Vatansever told Bloomberg. ...

Merchant Innovation
Amazon Primed To Release SmartPhone This Year
April 14, 2014

After years of speculation, Amazon is finally going to release a smart phone of its very own, reports The Wall Street Journal. According to a company spokesman, the e-retail giant plans to launch itself onto the field of competition with Apple and Samsung with an...

B2B Payments
How Armor Payments Hopes To Make B2B Payments Secure, Reliable and Cost Effective
April 14, 2014

There is an old adage in the construction industry – “fast, good or cheap: pick two,” that could easily be adopted to the B2B payments industry – “secure, frictionless, or cost effective- pick two.” In the B2B space, where buyers and suppliers need each other...