President Obama made National Small Business Week official, even signing a proclamation to do so. “Small businesses represent an ideal at the heart of our Nation’s promise — that with ingenuity and hard work, anyone can build a better life,” the president’s proclamation begins. “They are also...
Warmer weather last month got more folks to leave their homes, and to shop. Same-store spending in April grew 4.1 percent, a full percentage point above March’s year-over-year growth, according to First Data’s SpendTrend report. Other research, however, suggests consumer confidence in their financial situation...
Maybe the cards filling up consumers’ wallets are just making less room for cash, but nearly eight out of 10 (78 percent) U.S. consumers carry less than $50 with them at any one time, with 49 percent carrying $20 or less, new survey data show....
As of May 12th, Square will no longer be offering its mobile wallet for download from either the Apple or Google stores, though they are now offering Square Order. This function will allow users to both pick-up orders from, and pay at Square merchants right from...
While everyone in payments has been focused on another player out west whose name begins with an “A” no one has really paid much attention to the other one even father west with even greater payments and commerce ambitions. MPD CEO Karen Webster gives you...
Motherhood. Apple pie. Budgeting. Okay, maybe that’s a bit of a stretch but a new report from i2c on the benefits of prepaid as a budgeting tool might actually give that “b-word” more status in the eyes of consumers these days and issuers a new...
Go big or go home. Recent industry trends show that top mobile point-of-sale players are now fixated on distribution – gaining scale and volume by forming partnerships and enhancing their mPOS platforms. Many of these partnerships are taking shape thanks to the interest in integrating...
GE announced Friday that it has agreed to purchase cyber-security firm WurldTech as one of several recent moves to “help protect critical infrastructure and advance cybersecurity efforts globally for key industries,” according to a released statement by GE. WurldTech specializes in operations technology and will focus...
Banks located within Walmart stores are unique in a few regards. They often cater to lower-income patrons more frequently than normal, often to those who are considered “risky” prospects who have heretofore been locked out of traditional banking. They also are among America’s top fee...
