While there are many mistakes a company can make in naming a product, some branding disasters are just sheer bad luck. Such is the problem the ISIS mobile wallet faces today as it now shares a name with a Islamist insurgent group currently leading a...
As various government entities are coming together to discuss the many issues related to virtual currencies, there is one empty seat at those tables: the CFPB. Now, the GAO is calling for the agency to get involved in order to assure consumer well-being. Why has...
A new report by Central Bank of Ireland paints mixed picture of the indebtedness of the country’s small and midsize enterprises and its overall impact. Whereas outstanding balances are dropping, the fact that SMEs are paying down their debts instead of investing in new projects...
Like many other states, South Carolina is looking to reduce its EBT fraud while also finding another card provider to replace Chase, which is leaving the EBT and commercial prepaid card market. The state has chosen to work with Xerox, which will offer a Web-based...
BioCatch, an Israel-based firm that uses an individual’s common tendencies when using online banking and eCommerce sites to identify potential fraud patterns, recently secured $10 million in Series A funding. The company plans to use the funds toward expansion in American and European markets.
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...
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...
Payday lenders, pornographers and ammunition dealers are not most people's favorite parts of the economy; though there are few who actually want all of those things made wholesale illegal and the federal government is not trying outright ban any of them. It does seem, however,...
Slow and late payments are the bane of small business-owners existence. They lead to cash flow problems, and in some cases closures, as SMBs are unable to operate without regular cash flow. Increasingly, as variety enters into the buyer-supplier relationship and electronic fund transfers are...
