Once mighty mega-chains like Sears and JC Penny are closing down retail operations nationwide at an alarming rate of speed in an attempt to remain competitive with price-undercutting internet based retailers like Amazon, and leaving behind them indoor and outdoor malls on the brink disaster....
High-profile acquisitions and mergers among record keepers is expected continue as firms cope with pressure for lower fees and more services in a low-margin business. Experts believe that fee pressure, and technology costs will have firms always looking for next deal. The April announcement that...
Cross-border commerce is just about everyone’s strategic priority right now given the massive revenue opportunity that it represents. But, as everyone knows, supporting commerce in 220+ countries is expensive, and complicated. Now, best practices are beginning to emerge that enable faster, better and safer cross...
In an effort to add more functionality to its small business platform, Intuit, will acquire Lettuce, a cloud based solution that helps manage inventory and order flow. This step outside of payment and financial services into business services may send signal about how they plan...
The Hearst-backed service for managing bills, Manilla is slated to shut-down on July 1, due to inability to bring the business to scale. “This was a hard decision given that, over the past three years, Manilla has won many awards and has been well supported...
IDI Billing Solutions a developer of billing, rating, order management, workflow and selling solutions for the communications industry, announced enhanced features to help wholesale communications providers improve margins with its SaaS-based CostGuard billing and OSS solution. There is increasing pressure for wholesale telecom providers to differentiate their products...
JPMorgan Chase’s recent decision to ditch the Blink brand – a contactless card - seems like a nail in the coffin for the tap-and-go payment method, at least for cards. But with EMV liability-shift mandates around the corner, contactless’ true fate on cards will rest...
Nothing worse and less organized than a cluttered desk full of company invoices and shipping data from online orders. Microsoft has created a PayPal invoicing template that gets rid of the mess by enabling companies to digitally store and keep track of orders and support...
Just over one month after its initial detection, 300,000 servers are still at risk from penetration by the HeartBleed security bug, according to independent security researcher Robert David Graham. Graham found through a global scan of 1.5 million servers using the “heartbeat” feature of OpenSSL, the...
