By PYMNTS.com Editorial Staff (@pymnts) There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information....
Link to live trading on the various markets Bitcoin Bubble Tracker | Week 8 So, the world’s movers and shakers gathered in that idyllic Swiss enclave known as Davos this past week and agreed on perhaps only one thing: that bitcoin’s future was far from...
Looming store closures by Macy’s, J.C. Penney and Sear Roebuck and Co. represent a grim example of the general tenuousness of consumer spending. Tick up a few notches in socioeconomic standing, however, things appear a bit brighter. Roughly 10 million shoppers enter the luxury market...
By Gloria Colgan, Managing Director, Market Platform Dynamics (@gkcolgan) Ah, the challenges of commercial prepaid. When JPMorgan Chase recently announced the potential sale of its government and commercial prepaid card business, it made big headlines. Chase has a massive portfolio from a prepaid perspective –...
Factoring, in which a supplier sells an invoice to a financer to be paid less than the invoice's value immediately, all but dried up as a financing source for small apparel manufacturers in the wake of the recession. But it appears to be making a...
By: Eileen Goode (@eileengoode) Legalized for medical consumption in 20 states and for recreational use in Colorado and Washington, marijuana is still federally classified as a Schedule 1 narcotic. And federal rules prohibit federal banks and credit card companies from processing pot-related transactions. As such,...
I had the chance to host a Mobile Insiders Series discussion on loyalty and payments on Friday, and the conversation was really fascinating. My discussion partner was Stephanie Swain, who is now VP of Retail for Aimia but who previously was in charge of financial...
By: Eileen Goode (@eileengoode) When businesses are paying each other, checks remain the dominant vehicle, representing on average nearly half of all B2B payments. Their primacy, however, is slipping. In 2004, 81 percent of payments were made by check, but by 2013 the rate had...
Cardinal Commerce has much in store for customers in 2014. Chief among its plans is a dashboard tool that will enable merchants to adjust their fraud screening and authentication practices to their own risk tolerance and experience. But, will merchants find the company’s solutions a...
