The launch of Apple Pay has kept everyone in payments pretty busy speculating about its impact to others with digital wallet/account ambitions. What’s been ignored, at least so far, is the impact of Apple getting into payments on every other facet of the payments ecosystem....
Online retailers face losing at least a fourth — sometimes nearly half — of their customer base at checkout because of hurdles like consumer distrust of website payment methods, lacking preferred payment, wonky or slow sites and caveats of having to register too much personal...
Corporations typically have intricate treasury and payments challenges. As technology continues to evolve, it’s necessary for some corporate teams to rethink their payments options. But what specifically are those options, and which banks and card companies are providing them?
Smart corporate treasurers are looking for the best ways to translate today’s collaborative procure-to-pay approaches into better cash and working capital management. If they can do that, then they have the opportunity to drive new strategies that increase profitability and cash returns. Payment-term standardization, early-payment...
At a time when peer-to-peer mortgage lending in the U.S. is actually feeding loans to small banks, the situation appears to have flipped for small-business loans: alternative lenders are approving fewer loans, while big banks are approving more, according to monthly numbers from Biz2Credit. Get...
The big bitcoin crash of 2014. That was last weekend and this week. Economist David Evans wrote a piece that put it in context. After 6 years, Bitcoin transactions remain flat, flat, flat. No other payments innovation on the face of the earth would continue...
Bank of America Corp. will take over financing for a top U.S. oil refinery controlled by Philadelphia Energy Solutions from J.P. Morgan. The oil-services contract was among the commodity assets divested this year by Chase. Get the Full Story Complete the form to unlock this article...
Television investment-advice-giver Jim Cramer recently told his CNBC audience that he just discovered fleet card companies and loves them. “The fleet card business may be the hottest business that you’ve never heard of,” he said. Get the Full Story Complete the form to unlock this...
Regulations for the providers of financial-transaction infrastructure aren’t going to return to pre-financial-crisis levels — in fact, they’re likely to be an ever-increasing burden for everyone involved in a transaction. But regulators could make that burden easier to handle by providing more guidance on what...
