Categories: Services and Indirect Spend, Services Procurement & Contingent Labor, Services Procurement & Contingent Labor Management, Technology Tags: L1, Technology Many are aware there are a number globally spanning online freelancer marketplaces, most notably Freelancer.com, Guru.com and now Upwork, the merged platforms Elance and oDesk. Show More Summary
Social networking is playing a major role in growth of e-commerce. Advertisers now swear by remarketing, boosting the revenue of the e-commerce industry. Mobile payment companies with their luring offers are making buyers irresistible. Show More Summary
Apple Pay, Apple's first foray into mobile payments, was announced by the technology heavyweight in September last year, but its global roll out hasn't been all smooth sailing. It ran into multiple problems on the London Tube after its UK introduction, while take up in the U.S. Show More Summary
The organizer of the largest global events for payments and financial services innovation, Money20/20, has announced the return of its Money20/20 Hackathon. This will be its second annual hackathon event, aimed at bringing the world’s best developers together to inspire, create and drive powerful innovation. Show More Summary
Ahead of the imminent global launch of Samsung Pay, Samsung has announced that it is bringing the payment service to its smart TVs. The feature allows you to conveniently buy content directly from the TV. All you have to do is set a PIN during the initial registration, browse to the item you wish to purchase, press the "Pay Now" button, and enter the four-digit PIN.
Ahead of its global roll-out, Samsung’s ambitious payment service ’Samsung Pay’ is going to make a debut on company’s select range of smart TVs. The new feature would enable users to easily purchase content directly from the convenience of their TV. Show More Summary
The French bank said a “global settlement” was likely in the fall over inquiries into whether it processed payments for countries and individuals facing American sanctions.
By Ellen Brown, Web of Debt In the modern global banking system, all banks need a credit line with the central bank in order to be part of the payments system. Choking off that credit line was a form of blackmail the Greek government couldn’t refuse.
Considering the size of the Indian mobile market, it is accelerating in the growth of online banking, and thus also digital payments. To cash in on this growth, Mastercard and Citibank India have come together to offer Indians a digital wallet that enables the bank’s customer to undertake ecommerce transactions with fewer steps. Show More Summary
Visa Inc. has announced a strategic investment in Stripe as part of a new partnership with Stripe to support new technologies and online payment experiences for merchants, developers and consumers worldwide. As part of this relationship,...Show More Summary
Former Greek finance minister Yanis Varoufakis had planned to "hack" his own government's software and install a parallel system of payments as the first step to a Grexit (Greek exit from the euro). The transcripts were first published...Show More Summary
A recent study noted that almost half of the world's credit card fraud takes place in the U.S., although we only account for a quarter of the global credit card volume. Many experts attribute this disparity to the fact that the U.S. has lagged behind the rest of the world in adopting EMV chip enabled credit cards. Show More Summary
Samsung has launched a trial of its new mobile payments platform in Korea. The Samsung Pay month-long trial is in preparation for a global roll out to more regions. The company announced on the Samsung official blog that owners of the Galaxy S6 and Galaxy S6 edge are the first to be able to use Samsung Pay.
In an effort to establish itself as a partner of choice for developers, the Open API Team at global payments company MasterCard has issued a Developer Declaration. In it, MasterCard makes a number of commitments in three key areas: developers, technology and ecosystem.
Mobile payments and money transfer, both internationally and domestically, are a huge business, and there's a lot of money in the market – the global remittance market is estimated to reach $636 billion in 2017, according to the World Bank. Show More Summary
GUEST: Here are the core findings from the Mobile Ecosystem Forum's third annual Global Mobile Money report, which studied 15,000 mobile users across 15 countries.
The European Union has filed antitrust charges against MasterCard. The EU believes that MasterCard is artificially increasing the cost of credit card payments. If successful, MasterCard could be forced to pay 10% of its global revenue in fines. More importantly, MasterCard may have to change the way it sets fees [...]
Investment in financial services technology is at an all time high. A recent report by Accenture stated that global investment in financial technology ventures tripled between 2013 to 2014, reaching $12.21 billion. The growth of mobile and cloud computing provides the opportunity to disrupt the existing financial industry. Today, a majority of [...]
Last week I announced a giveaway where you could win a $100 Global Entry application fee payment code. All you had to do was leave a comment stating which domestic mainline carrier you prefer. And over 330 of you did, which is really awesome. Show More Summary