Costs news and trends

Apple Targets India For Online, Retail Push
Apple // February 27, 2020

Apple‘s annual shareholder meeting at the Steve Jobs Theater on Wednesday (Feb. 26) addressed expansion plans in India, and the effects of the coronavirus, among other things. The tech giant is planning to open an online store in India later this year, according to CEO...

Driving The Self-Service Model In SMB InsurTech
B2B Payments // February 21, 2020

As is often the case with technology adoption, small business (SMB) owners are seeking services and solutions that offer the same convenience and optimized user experiences provided in their personal lives. The current InsurTech boom, driven by tech innovation and growing investor interest in the...

Debt Protection Costs Lowest Since Pre-Recession
B2B Payments // February 20, 2020

Those looking to insure against some of the globe’s largest corporate borrowers are in luck: The debt protection cost has dropped to its lowest point since 2007, according to index provider IHS Markit. Investors are betting that strong continued support from central banks will make...

Amazon Hits 150M Prime Users And Commits Billions To One-Day Shipping
Earnings // January 31, 2020

Back to the trillion-dollar club they go. Amazon’s stock price shot up in after-hours trading, as the eCommerce company blasted past expectations when it announced its Q4 earnings results. Its skyrocketing share price pushed its market cap over the $1 trillion mark. Revenue was up...

Interviews & Exclusives
Amazon Hits 150M Prime Users And Commits Billions To One-Day Shipping

January 31, 2020
Back to the trillion-dollar club they go. Amazon’s stock price shot up in after-hours trading, as the eCommerce company blasted past expectations when it announced its Q4 earnings results. Its skyrocketing share price pushed its market cap over the $1 trillion mark. Revenue was up 21 percent during the holiday quarter, growing to $87.44 billion, […]

Figure’s Mike Cagney On How Blockchain Is Reinventing Lending

December 10, 2019
Homeowners have trillions of dollars of untapped, but tappable equity in their properties. Yet, home equity lines of credit have a long way to go before rebounding to where they...

Why Friendly Fraud Is Anything But Friendly

November 05, 2019
While there is little good to be said about criminal fraudsters who plague merchants by stealing credentials to snag goods with absolutely no intention of ever paying for them, they...

Solving Healthcare’s $200M/Year Abandoned Rx Shopping Cart Problem

May 31, 2019
Way back when, medicine used to be simple. Grind up, boil and drink a few roots here, employ a few leeches there. Pay a barber to do some bloodletting or...

Quick Reads
TrueCar Is Restructuring and Changing Management as Losses Continue

June 14, 2023
TrueCar, the online vehicle listing platform, is set to undergo a strategic restructuring aimed at rationalizing its organization and improving efficiency amid broader downshifts in the sector.  In an announcement Wednesday (June 14), TrueCar described “a strategic restructuring to streamline the organization, including a workforce reduction impacting approximately 102 positions, or 24% of the Company’s headcount.”  […]

Apple Targets India For Online, Retail Push

February 27, 2020
Apple‘s annual shareholder meeting at the Steve Jobs Theater on Wednesday (Feb. 26) addressed expansion plans in India, and the effects of the coronavirus, among other things. The tech giant...

UPS To Team With Waymo, Arrival For Electric Vans

January 30, 2020
The United Parcel Service (UPS), looking to cut costs and pollution, is teaming with Arrival and Waymo for an electric vehicle deal, according to reports. About 10,000 new trucks will...

Chase To Boost Fees, Add Perks For Sapphire Reserve Card

January 09, 2020
The Chase Sapphire Reserve card, used for travel credit, is getting an overhaul this month that will include a price hike for new members. The card’s annual fee will be...