Qingdao port in China was recently at the epicenter of a B2B bill scandal wherein a metals trading firm duplicated warehouse certificates in order to use a metal cargo multiple times to raise financing. Qingdao is a major warehouse hub for commodities, and the recent...
There is no doubt that the Target breach was the catalyst for igniting EMV in the US. But why did it take such an extreme event to move merchants and issuers into an EMV frame of mind? In a recent podcast interview, MPD CEO Karen...
Starbucks is looking to step it up a notch. This fall, the company plans to test giving its mobile app customers the ability to pre-order purchases for later pick up. The big question is why. Is it really just about cashing in on the OLO...
Americans generally are feeling more comfortable about their financial security, bolstered by an improved job market and stocks at record highs. But should another financial crisis occur, they are SOL since many lack the savings to cover their expenses but feel all that concerned. Are...
New debit card issuer research from Pulse found that 84 percent of U.S. financial institutions reissued cards as a result of the recent data breach at Target. That’s up from the typical year when just 29 percent that reissue all cards exposed in a breach....
Mergers and acquisitions (M&A) don’t necessarily mean the end for one company. On the contrary, it could mean the start of a strong partnership that will benefit all organizations involved. This is the for many health care providers, as M&A action is becoming more common...
Startup AnyPerk this week announced $3 million in additional funding, bringing its total funding to $4.5 million. Investors are seeing a growing business need for companies to keep their employees happy, and see the “perks” AnyPerk offers such as movie discounts and babysitting services as...
Healthcare payments make sense to almost no one—a highly regulated and mediated system that sends money or promises for future money through so many hands and systems that every attempt at making them more clear, somehow makes them more complex and thus more opaque. Primary...
April showers bring May flowers … and consumer spending, as it turns out. MasterCard SVP Sarah Quinlan tells MPD CEO Karen Webster that spending by consumers remains strong, fueled by travel and increased spend in a retail category that may surprise you. Listen in to...
