News Launches Affiliate Program for Online Publishers (Aug. 22, 2013)

Aug. 22, 2013 Online gift card provider has announced a new affiliate program that will enable online publishers and bloggers to earn revenue for referrals to the company’s gift and incentive card Websites. Affiliate e-publishers and bloggers will have access to banner graphics and text links for both and to help direct […]

MCX Picks FIS to Develop M-Commerce Platform (August 2013)

July 11, 2013 Another major piece of MCX’s jigsaw puzzle fell into place today with the announcement that payments technology provider FIS will provide the payments processing platform, including transaction routing and settlement, for the retail consortium’s evolving mobile commerce system. Jacksonville, Fla.-based FIS will execute mobile payments at participating retailer outlets in combination with […]

Isis Tightens Mobile Wallet Race with Serve Integration, Chase Commitment (August 2013)

By Kate Fitzgerald, Emerging Payments Editor  Isis, the mobile wallet system backed by AT&T Mobility, T-Mobile, Verizon and three major card networks, is gathering steam as it nears its national rollout, with a new co-branding effort with American Express Co.’s Serve payments platform providing the latest push forward. Amex earlier this month announced plans to […]

Goldman Sachs trading error is “a warning to all”

Financial industry analysts have warned that investors should be careful about how they approach automated trading, following news that a trading error at Goldman Sachs lost the firm $100 million on Tuesday.

Breaking News: Fed to Appeal Interchange Ruling (Aug. 21, 2013)

Aug. 21, 2013 Certainty on debit interchange and network routing regulation isn’t likely any time soon. The Federal Reserve Board of Governors has decided to appeal a judge’s ruling requiring the agency to rewrite those rules. During a hearing today in U.S. District Court in Washington, D.C., the Fed’s lead attorney, Scott Alvarez, said the […]

YellowPepper spices up Latin American mobile payments

A new mobile payments network called YellowPepper has launched in Colombia, marking the beginning of a massive project to bank the unbanked and sweep away the dominance of cash across the Spanish-speaking Americas.

Groupon Gets Physical, Adding Traditional POS to Merchant Offering (Aug. 20, 2013)

Aug. 20, 2013 Groupon bucked the mPOS system from the outset with its unique merchant pricing strategy, and its latest move to embrace traditional payment terminals seems equally novel as mainstream acquirers like Chase Paymentech are now getting into dongles. Groupon last week said it will add traditional credit card terminals to its merchant payments […]

MasterPass Adds 16 Australian Payment Providers (Aug. 20, 2013)

Aug. 20, 2013 Sixteen Australian payment service providers have added MasterCard’s MasterPass as a payment option for their electronic merchant clients. Announced at the Online Retailers and E-Commerce Expo in Sydney, the agreements brings MasterPass to thousands of online merchants, who will add a MasterPass button to their online checkout, enabling shoppers to make purchases […]

M-Payment Platform Targets Colombia’s Unbanked Mobile Users (Aug. 20, 2013)

Aug. 20, 2013 A mobile payments network aims to bring financial services to Colombia’s unbanked consumers and move the country’s economy away from cash. The Miami-based network, known as YellowPepper, thus far has signed up 12 Colombian banks for its system, which includes a virtual payment card, P2P and mPOS capability, according to a report […]

Payteller, IntelliVoice Sign Deal Expanding Prepaid Products at Self-Serve Kiosks (Aug. 20, 2013)

Aug. 20, 2013 IntelliVoice Networks Inc., a provider of prepaid phone services, is broadening its array of offerings through a deal with Payteller LLC, a Boca Raton, Fla.-based provider of self-service kiosks offering financial services. Payteller will install its kiosks in high-traffic retail locations throughout the Midwest and in Texas, according to an announcement. Payteller […]

BCS opens low-latency London to Moscow link

Russia’s BCS Prime Brokerage has launched an ultra-low latency data line between London and Moscow which it claims is the fastest trading connection yet built between the two cities.