News

News
ITBIT Hires First Chief Compliance Officer for Digital Currency
May 09, 2014

The digital currency exchange hires its first Chief Compliance Officer from PayPal and new Director to focus on U.S. operations.

Mobile Commerce
CFPB Proposes Rule Making Privacy Disclosures More Effective
May 08, 2014

The Consumer Financial Protection Bureau (CFPB) this week proposed a new rule that would make privacy disclosures for financial institutions more effective, and less expensive and tedious. No longer would card issuers, for example, need to mail out disclosures annually to each cardholder. Instead, they...

Loyalty & Rewards
Citi Adds ThankYou Rewards As An Online Bill-Pay Option
May 08, 2014

Citi customers now may use ThankYou Rewards points to pay bills online, thanks to a new policy Citi announced May 8. Citi customers earn ThankYou points across their Citi banking and credit card relationships. Under the new policy effective this week, they may use those...

News
New York Getting Serious About Cyber-Security Threat
May 08, 2014

Coming soon to New York’s banks– a cyber security assessment to be carried out by the state Department of Financial Services (DFS).  The proposed security audits come on the heels of a DFS report that indicates that the number of attacks from all sorts of...

International
Shoprunner And Alipay Join Forces To Serve Chinese Consumers
May 08, 2014

Shopping for goods in the U.S, is about to become a whole lot easier for Chinese consumers, as Alibaba has announced that starting this summer it will combine with ShopRunner Inc. to allow them to shop on the Web directly from U.S. retailers who otherwise...

B2B Payments
2/3 of Small Businesses are Banking with Mobile
May 08, 2014

A recent study, “Monetizing Mobile Banking for Small Business Customers,” that examines how small businesses are currently utilizing mobile banking services, as well as what features they would benefit from and whether they would be willing to pay for them has discovered new numbers on SMBs and...

B2B Payments
A New Weapon To Control Corporate T&E Costs
May 08, 2014

Total Travel and Expense is a SpendVision solution that aims to reduce costs and remove the friction from expense account reporting and reconciliation. It might come in handy, as new survey data from American Express travel show that travel costs, no surprise, are on the...

B2B Payments
Quill Asks Its B2B Customers for New Ideas
May 08, 2014

In the age of social media, sellers have seen greater openness from customers who now more openly share opinions, ratings, and feedback with their peers and companies they do business with. Many successful consumer brands have relied on consumers for not just marketing but also...

B2B Payments
Artiva Healthcare Integrates E-Payments into Revenue Cycle Management
May 08, 2014

BillingTree, an on-demand payment solution providers, announced an extension of its partnership with Ontario Systems, a receivables management technology and services provider, to provide integrated electronic payment support for the highly successful Artiva Healthcare revenue cycle management system. Ontario Systems will offer the health industry a...