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PayItSimple Bets on U.S. Banks, Merchants to Urge Split Payments
An Israeli company is hoping to make installment plans a routine part of credit card transactions in the U.S., relying on retailers, banks and other partners to promote its technology.
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American Express Co. is pulling new levers to build its business with small merchants and drive mobile wallet adoption, emphasizing its work with Apple Pay. more »
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American Express Co. said third-quarter profit rose 8.1 percent, beating analysts' estimates, as customer spending increased. more »
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FleetCor Technologies is providing outsourcing services for Shell fuel cards in Germany. more »
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More than half of the value of B2B receivables 90 days or more overdue were written off as uncollectable by businesses in the U.S., Canada, Mexico and Brazil, according to the latest Atradius survey of B2B suppliers in those countries. more »
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PayItSimple, a credit card installment provider based in Herzliya, Israel, has announced its launch in the United States. more »
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Banks must take the time to educate mid-size business clients about how to defend themselves against hackers, Javelin Strategy & Research says. more »
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Capital One Financial Corp. and MasterCard Inc. struck a deal with Costco Wholesale Corp. in Canada to issue a co-branded credit card when the retailer's contract with American Express Co. ends this year. more »
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Costco Wholesale Corp., the largest U.S. warehouse-club chain, will stop accepting all American Express Co. cards in Canada on Jan. 1. more »
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The term "opinion leader" has been used to describe those consumers who are wealthy, involved in their communities and knowledgeable about the world around them. Turns out, they also spend the most money on credit cards. more »
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Alliance Data Systems Corp. agreed to buy Conversant Inc. for $2.3 billion, gaining technology to distribute advertising across the Internet and measure the effectiveness of marketing campaigns. more »
Alliance Data Systems announced what it described as a long-term agreement to issue credit cards for the Midwestern grocery store chain Meijer. more »
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The Consumer Financial Protection Bureau issued a warning to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates. more »

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