London-based mobile-payments and loyalty app Yoyo has scored $5 million in seed funding. Yoyo aims to create a better customer experience by speeding up in-store transactions through combining payment and loyalty via one easy scan. It does this by integrating with the retailer’s till system and...
For Visa customers in New Zealand, swipe and sign credit cards are soon to be a thing of the past. In a recently announced move, Visa will be ending signature cards for Kiwis by the end of 2014, requiring from here on that users enter...
It has been a long week at eBay. Connecticut, Florida and Illinois are initiating joint probe over the circumstances that lead eBay to announce earlier this week that customers needed to change their passwords due to an unspecified security risk that was detected in the...
Fleet card provider WEX plans to take it fleet card to Canada, as more of its U.S. customers have operations in both countries. WEX has grand global growth plans overall, fueled by expanding relations with such fuel companies as ExxonMobil.
According to a source close to the reported negotiations, Sberbank considered the possibility of buying the Maestro brand from MasterCard, but the latter refused to sell, reports the KyviPost. The news comes from the sidelines of St. Petersburg International Economic Forum. The rejected move by the...
Reducing the cost and time to e-enable health care payments is the sweet spot of many B2B solutions providers. New cloud-based technology is making it faster and easier than ever to provision test and development environments that help internal IT teams adapt new health care...
Yes, we know what you've heard, but nope, Overstock doesn't take bitcoin as payment and never actually handles bitcoins at all. And, it's not just them. Merchants that accept bitcoin wallets don’t either. Confused? You should be. Luckily, economist David Evans isn't and after reading...
The Bundling and Coordinating Post-Acute Care (BACPAC) Act of 2014 (HR 4673) was introduced this week, and is designed to establish bundled payments for post-acute care services covered by Medicare. What does it mean for the health care payments business?
Visa and MasterCard have a lot to contend with these days. With use of mobile devices for payment increasing, EMV on the U.S. horizon, and Russia's demand to collect millions in collateral to let them continue operating in that country, many in payments wonder what...