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« May 22, 2011 - May 28, 2011 | Main | June 5, 2011 - June 11, 2011 »

June 02, 2011

June 01, 2011

Silicon Valley Bank to Deliver EMV Credit Cards to Businesses in the U.S.

Silicon valley bank logo 140pxSilicon Valley Bank (SVB) has announced it is "the first bank to make chip-enabled, or Smart, credit cards available to businesses in the U.S. Beginning today, SVB clients can apply for the new chip and signature World Elite MasterCard for Business with EMV chip technology."

Bottomline Technologies’ Paymode-X Network Surpasses 140,000 Suppliers

Bottomline logo 140pxBottomline Technologies has announced that "Paymode-X, its business-to-business payments and invoicing network, has added its 140,000th supplier. The network size helps Paymode-X customers realize immediate benefits with the majority of their strategic suppliers typically already enrolled and able to invoice and receive payments electronically through Bottomline’s order-to-pay solution."

Western Union to Acquire Finint S.r.l. in Europe

WesternUnion logo 140pxWestern Union has announced that it has signed an agreement to acquire Finint S.r.l., "one of its leading money transfer network agents in Europe. Finint manages more than 10,000 subagent locations across Italy, Spain, and the United Kingdom."

May 31, 2011

PayPal Leverages Digital River World Payments to Enter Brazil

Digital river world payments logo 140pxDigital River has announced that PayPal is leveraging its Digital River World Payments solution to support local online payment processing in Brazil and Mexico. "This geographic expansion adds to the companies’ existing relationship, which now includes payment services across multiple continents."

Payments Views - It’s About Time: clearXchange and Bank P2P

GP Logo Horizontal 140px Over on our sister blog, Payments Views, Glenbrook's Carol Coye Benson interviews Mike Kennedy, chairman of the clearXchange board, and shares her thoughts on the new banking industry joint venture in a post entitled "It's About Time: clearXchange and Bank P2P".
This has been a big week for news in the payments industry – with the Google Wallet making a big, loud splash. It’s nice to see banks using the power of their collaborative action to demonstrate that innovation can come from the bank side of the payments world as well.

MoreMagic Launches Mobile Commerce Applications for Smartphones

Moremagic logo 140pxMoreMagic Solutions has announced the launch of its eTopUpOnline application for smartphones. "The application is now available across all major global mobile platforms, including Blackberry, Android, iPhone and Symbian."


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