Wet Seal, Inc. released its first quarter financial results this month, showing that while comparable store sales declined by 16.9 percent in the first quarter, e-commerce sales increased by 8.3 percent in that same time. According to Wet Seal CEO John Goodman, the company is...
In an effort to provide better service to their customers, mobile software company Uber has formed a partnership with AT&T. According to a release on Uber’s website, the Uber app will begin to be embedded in new AT&T Android phones, and AT&T will be one of...
Dish Networks LLC will become the largest company to accept bitcoins, the subscription model pay-TV provider announced May 29. The wholly owned subsidiary of Dish Network Corp. plans to begin accepting the cryptocurrency from customers in the third quarter. “We always want to deliver choice...
Mobile commerce solutions provider Spindle Inc. has signed a strategic agreement with Moolah LLC in which the independent sales organization will integrate Spindle’s merchant-aggregation and payment-processing infrastructure into its eCommerce and mobile offerings. Moolah, which serves thousands of U.S. merchants, says in the agreement announcement...
A new service from the online funds-transfer network enables qualified senders to have ACH-transferred funds placed in recipients’ accounts the next day, and it provides quicker funds availability. As with all funds transfers exceeding $10 that Dwolla supports, the cost is just a quarter.
Avalon Health Care manages 55 health care facilities in many western states and has over 330 people buying supplies for its facilities. The company was in need of new procurement system that was more efficient and user-friendly. After the first year of a new system,...
On the fifth anniversary of the Credit CARD Act, several leading consumer-advocacy groups now say more needs to be done to reign in debit and prepaid card fees. Among the chief targets are overdraft fees. Not so fast, say opponents to such moves, including the...
After the housing bubble burst several years ago, U.S. consumers began to default on their mortgages because they chose to instead make credit card payments, according to research from TransUnion. However, that trend has since reversed. TransUnion recently released data that showed that the “normal...
TSYS has extended its exclusive agreement with Canadian Tire Financial Services, a division of Canadian Tire, to provide processing and other payment card program services; the transaction processor announced this week. The multi-year extension includes Canadian Tire’s MasterCard-branded and private-label retail portfolios, TSYS said in...
