U.S.-based firm Fundbox creates cash flow options for small businesses and announced earlier this week that it has partnered with time tracking and invoice company Harvest. The move is expected to give Harvest users access to Fundbox invoice clearing technology, which extends credit to freelancers and...
Financial services firm Catamount Funding announced on Wednesday (Aug. 27) that it now offers now offers competitive and cost-effective invoice factoring services. According to a company statement, Catamount’s account receivable management services also include invoice factoring services, along with a professional built-in account receivable manager. “Our...
Delta Air Lines has bailed out of a massive lawsuit against Visa and MasterCard over an alleged plot to fix credit card swipe fees, Law360 reported. Terms of the settlement weren’t made public, except that each side will cover its own attorneys’ fees and court...
Hotel chain Marriott has expanded its mobile check-in and checkout service from its flagship Marriott Hotels to 11 other brands owned by the chain, according to Hospitality Technology. The expansion extends the service from less than 500 hotels to more than 4,000 hotels worldwide by...
American Express and Discover tied for the top spot in J.D. Power’s annual U.S. Credit Card Satisfaction Study, American Banker reported on Thursday (Aug. 28). JPMorgan Chase finished third, with Barclays, U.S. Bancorp, Wells Fargo, Bank of America, Capital One Financial, Citigroup and GE Capital...
Visa, which in July launched a no-card-number option for online transactions called Visa Checkout, has added several big-name payment processors to extend the reach of the service, according to TechCrunch. First Data, TSYS, Vantiv, Bank of America Merchant Services and Wells Fargo Merchant Services will...
Global payment firm WEX, Inc. announced on Tuesday (Aug. 26) that its European division entered into an agreement with event management company Zibrant. With the partnership, Zibrant will have access to the WEX Virtual Credit Solution, according to a WEX statement. Specifically, with the virtual payment...
Two new amendments to NACHA’s operating rules were approved by the Electronics Payments Association, according to Finextra. The amendments are designed to improve the ACH Network quality by decreasing the amount of ACH transactions that result in exceptions and returns. “These rules show that financial institutions...
UK publisher IPC Media and Silicon Valley mobile payments startup Boku have partnered to create a “Text-to-Pay” package that will offer IPC’s top print magazine subscriptions to individuals via text, according to a Boku announcement released today. Readers can subscribe by texting a keyword to...
