Invoiceware Expands Latin American Reach and Partners with Tradeshift
5/16/2013
As of this week, many businesses large and small have achieved very significant improvements in their ability to trade efficiently with partners in Latin America. According to Christian Lanng, CEO of Tradeshift “Tradeshift and Invoiceware International IWI have joined forces...
Governments Continue to Tighten Fence Around Bitcoin Transfers
5/15/2013
The U.S. Department of Homeland Security issued a court order to Dwolla to cease wire transfers between it accounts and Mt. Gox, a Japanese Bitcoin exchange. This action keeps the downward pressure on Bitcoin exchanges and echo’s similar recent actions...
Visa Europe Offers to Cut Inter-Bank Fees
5/14/2013
The European Commission today announced Visa Europe offered to cap its credit card interchange fees at 0.3 percent of the transaction value for at least the next four years. Visa’s offer reduces rates to equal MasterCard’s, and it hopes the...
U.K. Post Office to Launch 3 New Checking Accounts
5/13/2013
The British Post Office Monday announced it will trial three new checking accounts in 29 branches ahead of a nationwide rollout in 2014. The accounts, similar to their counterparts at traditional financial institutions, are tiered based on monthly fees. The...
Nigeria to Issue Multi-Purpose National ID and Payment Cards
5/9/2013
The Nigerian government announced it will begin a pilot program to issue 13 million electronic identity cards (e IDs) to residents. The cards include a prepaid account as well as 12 other applications. Nigeria will roll out the Mastercard branded...