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Commercial Payments

Welcome to the News View for "Commercial Payments".

Here, on these archive pages, you'll find all of the articles on Payments News for Commercial Payments listed in date sequence beginning with the most recent article at the top of the page.

Click here for a complete listing of what's available in the Payments News Archive - organized by both posting date and subject category.

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July 14, 2014

Headline News from PaymentsNews.com - July 14, 2014

On the Web:

  • Bitcoin and Charities - A VC (Fred Wilson) - "If you own Bitcoin, at Coinbase or in your own wallet, you can gift your Bitcoins to charity and save them pretty much all of their online fundraising costs."
  • Beware Keyloggers at Hotel Business Centers - Krebs on Security - "The next hotel business center you visit may be completely locked down and secure, or it could be wide open and totally overrun with malware. The trouble is that there is no easy way for the average guest to know for sure."
  • Curated Food Delivery Startup Caviar In Talks To Be Acquired By Square For $100 Million - TechCrunch - "Caviar is one of many new startups that seeks to enable customers to order meals online and have them delivered in a short period of time."
  • The Password Is Finally Dying. Here's Mine - Wall St. Journal - "Google is working on an as-yet unnamed protocol that allows you to connect to your online accounts on any device by authenticating yourself with your smartphone."
  • Why Jack Ma Separated Alipay In Alibaba’s Words - Wall St. Journal Digits - “This action enabled Alipay to obtain a payment business license in May 2011 without delay and without any detrimental impact to our China retail marketplaces or to Alipay.”

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

July 10, 2014

Headline News from PaymentsNews.com - July 10, 2014

On the Web:

  • Learnings from the Bitcoin Workshop - PaymentsViews.com (George Peabody) - "We are certainly intrigued by the capabilities of math-based currencies, but think it’s unrealistic to believe that they might quickly overtake incumbent payment systems that already work well for common use cases. We’re far more focused on identifying payments use cases that still exhibit significant points of friction that might be neatly lubricated by the application of MBC technology."
  • "State of Bitcoin Q2 2014 Report Reveals Expanding Bitcoin Economy - CoinDesk - "This State of Bitcoin Q2 report focuses on data and events in the second quarter of 2014 through to the present day."
  • U.S. Companies Step Up Business Conducted in Yuan - Wall St. Journal - "The yuan is making inroads with U.S. firms now because it is becoming more cost-efficient to pay in the currency. American importers can often negotiate better prices with Chinese suppliers if they agree to use yuan to make a purchase."
  • Safaricom opens M-Pesa to its rivals - Mobile World Live - "Other operators are being granted access for the first time to the all-powerful network of agents that underpin the dominance of mobile money service M-Pesa, according to Business Daily."
  • Button Wants To Bring Loyalty Rewards To The On-Demand Economy - TechCrunch - "With that funding, the team hopes to bring new cloud-based tools to mobile app makers that reward users for engaging in apps that they’re already using."
  • How Prepared is Restaurant Industry for end of Swipe & Sign? - Hospitality Technology - "EMV preparedness is on restaurants’ radar, with 70% of those surveyed agreeing that it is important to have a well-defined roadmap for EMV preparedness. When asked about their organization’s current approach to preparing, however, just 26% report having some form of road-map in place; likely due to the lack of a standard."
  • If you don’t have a bank account, how do you manage your money? - Boston Globe (Evan Horowitz) - "The most basic thing to keep in mind is that while these alternative financial services are regulated, they are not subject to the same regulations as banks are."
  • How ACH works: A developer perspective - Part 1 - Zenpayroll Engineering Blog - "I remember when we first started building ZenPayroll, we spent a many weeks struggling to understand how the ACH system works and learning how we can write software to tap into it."
  • How ACH works: A developer perspective - Part 2 - Zenpayroll Engineering Blog - "About 95% of the time, things go exactly as planned. This post will explain the other 5% cases (called ACH returns) and how they are handled."
  • How ACH works: A developer perspective - Part 3 - Zenpayroll Engineering Blog - "Parts 1, 2, and 3 of this series should give a pretty good overview of the ACH protocol at a high level, although for the sake of clarity, much has been simplified in these posts. There are tons more details and nuances that make ACH payments a very interesting problem."
  • Google Ventures launches $100 mln fund to invest in Europe - Reuters PE Hub - "We believe Europe’s startup scene has enormous potential. We’ve seen compelling new companies emerge from places like London, Paris, Berlin, the Nordic region and beyond—SoundCloud, Spotify, Supercell and many others."
  • IBM Wants to Invent the Chips of the Future, Not Make Them - New York Times Bits Blog (Steve Lohr) - "IBM’s research agenda is a recognition that the end of the silicon era of computing, using complementary metal-oxide semiconductor technology, or CMOS, is finally on the horizon."
  • Marc Andreesen and Jim Barksdale on How to Make Money - HBR Idealist - "The tech luminaries on bundling and unbundling in the digital age."

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

May 16, 2014

Headline News from PaymentsNews.com - May 16, 2014

On the Web:

  • There Is No Such Thing As An International Wire - PaymentsViews.com (Erin McCune) - "I am writing this post on an airplane, en route to Amsterdam for Bitcoin 2014 where I will be exploring alternatives to the complicated, unpredictable and expensive correspondent banking process."
  • What We Have Been Up to at Circle - The Circle Blog (Jeremy Allaire) - "First, it’s really important to understand that our focus is on promoting and supporting Bitcoin as a payment utility and as a secure store of value. We’re not interested in or focused on the speculative value of Bitcoin."
  • Circle Reveals Roadmap for Bringing Bitcoin to Mainstream Market - CoinDesk - "Perhaps most notably, Circle revealed its intention to act as a “digital custodian” for its customers, allowing consumers to access bitcoin without running bitcoin software, managing private keys or storing bitcoin in a secure location."

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

April 28, 2014

Headline News from PaymentsNews.com - April 28, 2014

On the Web:

  • The Problem with Payments - Stratechery (Ben Thompson) - "This is why I, for the foreseeable future, expect to see little if any progress in the United States."
  • How bitcoin is moving money in Africa - USA Today - "The key characteristics of this digital cash also happen to make it a great fit for people who aren't so down with advanced digital technology: the 326 million Africans who lack access to basic banking services."
  • Walmart, ACH and the Elusive P2P Solution - PaymentsViews.com (Elizabeth McQuerry) - "The Walmart-2-Walmart service is a step forward but it’s not a perfect solution. Walmart certainly has plenty of stores in the U.S. but now it’s just another of the growing number of financial networks that is, effectively, just another island nation to itself."
  • Yelp Can Now Show if a Business Accepts Bitcoin - NewsBTC - "It’s unclear just when Yelp added this feature in, but they’ve certainly done so quietly."
  • VC Investment in European Fintech Hits Post-Dot-Com High - "Payment companies and big data companies have become a hot spot for venture capitalists, according to several investors."
  • Northwest’s cheap power drawing bitcoin miners - The Spokesman Review - “I am only personally aware of two bitcoin mining firms locating in Grant County,” Boss said. “But I’ve been told that at least five others are in the process of locating in the area.”

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

April 17, 2014

Headline News from PaymentsNews.com - April 17, 2014

On the Web:

On the Wires:

  • MasterCard Board of Directors Recommends Two New Candidates for Election - “The world continues to get smaller and technology opens new doors every day,” said Richard Haythornthwaite, Chairman of the Board, MasterCard. “MasterCard is advancing to meet consumer, business and societal needs in an increasingly digital world, while maintaining a focus on convenience and security. Merit and Julius’ experience and insights will add to and complement our existing Board as we pursue this vision.”
  • Warburg Pincus To Acquire Electronic Funds Source - "Warburg Pincus ... today announced it has entered into a definitive agreement whereby one of its affiliates will acquire 100% of Electronic Funds Source LLC, a leader in innovative corporate payments solutions, from an investor group including First Data Transportation Services, Inc., CTP Holdings LLC and FJ Management Inc."
  • Lending Club Acquires Springstone - "As part of the financing of this transaction, Lending Club also announced the closing of an equity capital raise. Investors in the $65 million round included funds and accounts managed by T. Rowe Price Associates, Inc., Wellington Management Company, LLP, BlackRock and Sands Capital."
  • Worldpay Launches China Sales Office - "The Shanghai office is headed up by Tang Kok San, VP – Business Development China, and will offer all of Worldpay’s e-commerce customer-facing functions, including relationship management and corporate support."

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

April 10, 2014

Fundbox Raises $17.5MM Series A with a Focus on SMB Cash Flow Acceleration

Fundbox Logo 140pxFundbox has announced it has closed $17.5MM in funding led by Khosla Ventures to "fill the void left by banks and credit companies, and fix the small business economy using data science."

Other investors include Ron Conway’s SV Angels, Vikram Pandit, former CEO of Citigroup, Tom Glocer, former CEO of Thomson Reuters, Jay Mandelbaum, former Head of Strategy and E-commerce at JP Morgan Chase, Emil Michael, SVP of Business at Uber, Shlomo Kramer, CEO Imperva, David Krell, Chairman ISE and several others. The investment will be used to scale the data operations and product, increase marketing outreach efforts, expand the Fundbox San Francisco headquarters, and make additional strategic hires in the Bay Area.

We’ve identified an unprecedented opportunity to bring data-driven innovation to a critically underserved and broken market, focused initially on allowing small businesses to immediately clear outstanding invoices and improve cash flow by accelerating payments,” said Fundbox Founder and CEO Eyal Shinar.

“However, the vision behind our company is much larger, as our proprietary engine can dramatically disrupt and modernize entire industries built around analyzing data. We are starting with small business credit because this is where we can have a significant and immediate positive impact, but the future is boundless.”

Fundbox says it processes tens of thousands of invoices daily, offering small business owners the ability to fix their cash flow by advancing payments for unpaid invoices. This effectively eliminates the net plus 30, 60, 90-day problem from which small businesses suffer.

In order to use Fundbox, a small business owner connects with one-click to their accounting and bookkeeping apps, including Quickbooks, Xero, or Freshbooks, on Fundbox.com. The Fundbox risk engine assesses the customer’s network and invoices for risk automatically and instantly. The user can then view all outstanding invoices through their Fundbox account and choose which invoices to clear.

April 07, 2014

Headline News from PaymentsNews.com - April 7, 2014

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

April 03, 2014

Headline News from PaymentsNews.com - April 3, 2014

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

March 20, 2014

Headline News from PaymentsNews.com - March 20, 2014

On the Web:

On the Wires:

  • American Express Expands Benefits for Platinum Card® Members - "These benefits include complimentary, unlimited access to Wi-Fi hotspots provided by Boingo Wireless, a global market leader in Wi-Fi, as well as an application fee statement credit option for the TSA Pre✓™ program."
  • Small Businesses Get Paid Faster With QuickBooks Payments - "As part of the expanding QuickBooks ecosystem of online products and services, QuickBooks Online users who also use QuickBooks Payments get their invoices paid on average two times faster than those who don’t. When these small businesses email their invoices and allow their customers to pay online, they significantly reduce the time it takes to receive payment."

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

March 19, 2014

Headline News from PaymentsNews.com - March 19, 2014

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

March 18, 2014

Headline News from PaymentsNews.com - March 18, 2014

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

March 17, 2014

Headline News from PaymentsNews.com - March 17, 2014

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 28, 2014

Headline News from PaymentsNews.com - February 28, 2014

Glenbrook's Payments Insight Workshop series this spring focuses on three key topics for payments professionals: Bitcoin - Basics and Beyond (March 26), Data in Payments (April 22) and Innovation in Payments (May 8).

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 04, 2014

Headline News from PaymentsNews.com - February 4, 2014

The second edition of our book "Payments Systems in the U.S." has just been published. It's available in print from Amazon.com and in an ebook version for your iPad.

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

January 21, 2014

Headline News from PaymentsNews.com - January 21, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

January 16, 2014

Headline News from PaymentsNews.com - January 16, 2014

We’d love to have you participate in our 2014 PaymentsNews Reader Survey! Please take a moment to participate - it’s quick and easy to complete: https://www.surveymonkey.com/s/393MCB3

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

January 14, 2014

Headline News from PaymentsNews.com - January 14, 2014

We’d love to have you participate in our 2014 PaymentsNews Reader Survey! Please take a moment to participate - it’s quick and easy to complete: https://www.surveymonkey.com/s/393MCB3

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

January 06, 2014

Headline News from PaymentsNews.com - January 6, 2014

Next Glenbrook Payments Boot Camps: Feb 4-5 in Palo Alto, CA; March 18-19 in New York City. Alternatively, you can request a private Payments Workshop held on-site at your location.

On the Web:

On the Wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

November 19, 2013

Headline News from PaymentsNews.com - November 19, 2013

On the web:

  • Mapping Bitcoin - New York Times Bits Blog - "One striking thing about the map: Bitcoin is increasingly a Chinese craze."
  • Bitcoin: More than Money - Reason.com (Jerry Brito) - "At its core, Bitcoin is a completely decentralized ledger system. It can be thought of as a massive online version of an accountant's book in which transactions are recorded by deducting from one account and adding to another."
  • Buying Your Holiday Gifts With Bitcoin AVC.com (Fred Wilson) - "When the citizens of the world will be able to buy and sell from each other and from retailers of all shapes and sizes via Bitcoin, then we will have truly realized the potential of a global digital currency."
  • Regulators See Value in Bitcoin, and Investors Hasten to Agree - New York Times - "The virtual currency bitcoin took a big step toward the mainstream on Monday as federal authorities signaled their willingness to accept it as a legitimate payment alternative."
  • Authorities See Worth of Bitcoin - Wall St. Journal - "Senior U.S. law-enforcement and regulatory officials said they see benefits in digital forms of money and are making progress in tackling its risks."
  • This Senate hearing is a Bitcoin lovefest - Washington Post - "All three Obama administration officials expressed concern about Bitcoin being used for illicit uses. But they also stressed that Bitcoin has important legitimate uses and that regulators need to be careful not to stifle innovation in virtual currencies."
  • IngoMoney cashes in $8.4M from Camden Partners - Atlanta Business Journal - "Ingo's algorithms decide in real time whether or not it's a safe risk for a customer bank to accept a check."
  • A Day in the Life of Getting Isis Mobile Payments Up & Running - "Since the ISIS mobile payment platform launched nationwide last week, I decided to give it a try."
  • PR Agencies: What the Visa Shakeup Could Mean for the Industry - "But Visa is the first to draw a line in the sand and have their internal workforce add the work of three agencies to their assumedly already packed to-do lists, choosing not to outsource at all."

On the wires:

Updates from Glenbrook:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

November 13, 2013

Headline News from PaymentsNews.com - November 13, 2013

On Twitter:

On the web:

  • Stress Test Prepares VisaNet for the Most Wonderful Time of the Year - Visa Viewpoints - "This year’s “mug number” – as we like to call it – is 47,000 transaction messages per second, which is a huge step forward from 2012’s peak capacity of 30,000 transaction messages per second!"
  • No plastic, no problem: Square does away with deposit limits for U.S. businesses - GigaOm - "Square is eliminating holds on funds taken from payments where no physical card is present."
  • How Big Banks Killed a Plan to Speed Up Money Transfers - American Banker - "The plan, known as Expedited Processing and Settlement, may not have been a step into 21st Century..."
  • EMV: America, What Took You So Long? - Emerging Payments Strategies (FIS) - "So why has the U.S. not embraced EMV sooner? Part of the reason is because our fraud problem, while significant, has typically been among the lowest rates in the world among highly developed economically mature countries."
  • What Android's KitKat means for NFC - Mobile Payments Today (Cherian Abraham) - "HCE means a lot more for private label issuers — who have a very inspired base of merchants looking to bridge the gap between private label cards and mobile — and now there is an alternative to clumsy, costly and complex orchestrations for provisioning cards."
  • The power of love - TMG Blog - "When I switched credit cards recently, I started feeling love the first time I logged into my personal account page. I noticed that things I had purchased only minutes before were already listed, which was something I’d never seen with my previous provider."
  • The challenge of being a Bitcoin trader - Financial Services Club Blog - "There is not attainable indication that the government understands Bitcoin correctly."

On the wires:

Updates from Glenbrook:

  • Looking for consulting help from Glenbrook? Let us know your needs here - and we'll get right back to you!
  • Join Glenbrook's Carol Coye Benson and Scott Loftesness for our Glenbrook Payments Boot Camp on December 10-11th in Palo Alto, California!
  • Glenbrook's Jacqueline Chilton will be speaking social media and payments at the W.net Northern California LINC Networking event being held November 14 at Google.
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

November 12, 2013

Bill.com Closes $38 Million in Financing Led by Scale Venture Partners

Billcom logo 140pxBill.com has announced that it has closed $38 million in financing led by new investor Scale Venture Partners (ScaleVP). The round also included participation from Bank of America, American Express, Fifth Third Bank, Pete Kight, founder of CheckFree, and Commerce Ventures, as well as all of Bill.com’s previous investors--August Capital, Napier Park Global Capital, TTV Capital, Jafco Ventures, Emergence Capital and DCM.

We like to invest in companies that take complex problems and make them easy. Bill.com takes the ease of use of consumer online bill pay solutions and adds enterprise features like workflow, access control and approval processes,” said Rory O’Driscoll, partner, Scale Venture Partners.

“Customers who use the product rave about it. It allows them to get a direct handle on cash, which is the lifeblood of any business.”

The company said that the new funds will be used for further investment in the Bill.com Banking Platform to support its rapidly growing banking channel; acceleration of the Bill.com Business Payments Network, which serves all of Bill.com’s subscribers and its partners; customer acquisition; and investment in the core product features and integration with third-party applications to better serve small to medium businesses (SMBs), accountants and bookkeepers.

July 09, 2013

Headline News from PaymentsNews.com - July 10, 2013

On the web:

On the wires:

Upcoming from Glenbrook:

  • Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
  • Follow Glenbrook Partners on LinkedIn! -

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Find something interesting to share? Tell us about it: gotnews@paymentsnews.com!

May 20, 2013

Headline News - May 20, 2013

On Twitter:

On the web:

On the wires:

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated.

March 15, 2011

Getting Down to Business: Commercial Cards in B2B Payments

FedSusan Herbst-Murphy of the Payments Cards Center in the Federal Reserve Bank of Philadelphia has released a discussion paper on the use of Commercial Cards in Business to Business Payments.

Providing efficiency and cost-savings over paper payments (cash and checks), commercial payment cards are among the fastest growing card segments in recent years. Today, they account for nearly one in every five dollars spent using general-purpose payment cards. And since business and government payments are three times larger than consumer transactions, there is ample room for future growth.

November 01, 2010

Reflections on Sibos 2010

Sibos_2010_Logo_140px.pngGlenbrook's Erin McCune is just back from Sibos 2010 conference, the annual international banking conference sponsored by SWIFT, and has posted her thoughts and observations on the state of the banking industry on our sister website, Payments Views.

Erin gave a well-received talk on The Future of Business Payments.

May 11, 2010

Sage Introduces Sage Exchange Payments Platform

Sage North America has announced Sage Exchange, a new secure, Payment Card Industry (PCI) certified payments platform delivered in a Software as a Service (SaaS) model. Sage says that "Exchange will allow small and midsized businesses (SMBs) and organizations to accept all forms and methods of payment, with seamless data integration to a wide range of Sage business management software products and third-party business solutions. Seamless integration between payment applications and back-office software can improve an organization's cash flow and forecasting, while eliminating manual data entry and the risk of errors." READ MORE »

May 10, 2010

WAUSAU Introduces ReceivableWorks - Integrated Receivables Hub

Wausau_logo-160px.pngWAUSAU Financial Systems has announced the launch of ReceivableWorks™, an integrated receivables hub that handles all forms of payment on a single platform. According to the company, "the receivables hub is based on WAUSAU's remittance platform that currently manages nearly 40 percent of the entire remittance market. ReceivableWorks™ is designed to simplify a corporation's overall payments architecture by reducing capture time, improving the handling of exception items and monitoring workflow in real time, all while automating, aggregating and accelerating the entire receivables cycle." READ MORE »

March 17, 2010

What's Coming Up at Glenbrook!

Glenbrook's Russ Jones and Erin McCune are presenting a webinar titled "PayPal and B2B" on Thursday, March 18, beginning at 10:30 AM Pacific. "PayPal recently introduced impressive new product capabilities, with its “PayPal X Platform”, including Adaptive Payments and Adaptive Accounts. These capabilities, along with new pricing which is expected to be announced this spring, give PayPal a base to expand into business-to-business (B2B) payments. Glenbrook partners Russ Jones and Erin McCune discuss the nature of the opportunities that PayPal appears to be exploring now – and what the future might hold." REGISTER NOW ($249)

February 10, 2010

Fifth Third Bank, MasterCard Develop Corporate Purchasing Solution

Fifth Third Bank and MasterCard have announced the availability of MasterCard Purchase Control for Fifth Third's commercial clients - a tool that provides control and flexibility in payments management. With MasterCard Purchase Control, Fifth Third Bank will offer corporate clients enhanced global controls and increased transaction security that combines an integrated preapproval process with secure virtual account numbers. READ MORE »

February 02, 2010

ImageSpan, arvato Partner for Global Digital Content Clearinghouse

ImageSpan and arvato finance services, a wholly-owned subsidiary of arvato AG, a Bertelsmann company, have announced a platform collaboration to deliver a global clearinghouse that "unifies, drives and accelerates the trade of digital content, including video, images, audio and text. The new global content clearinghouse combines ImageSpan’s automated content licensing, publishing and tracking platform, called LicenseStream, with arvato finance’s PaymentLounge, premium merchant services consisting of global billing, accounting and payment components." READ MORE »

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