OpenTable reinvented the restaurant reservation dining scene 16 years ago and more recently introduced mobile payments into the mix. But is Apple next up to reinvent the dining experience for hungry people and restaurateurs? MPD CEO Karen Webster shares two separate but related data points...
U.S. international trade improved in June, as exports of goods and services showed more than a $3 billion reduction in the trade deficit compared with revised May trade data, government data released Aug. 6 show. But while the monthly trade differential improved for the U.S.,...
Milk, blueberries, yogurt, Popchips, Comcast monthly bill? Yep. A growing roster of retailers now enable their customers to pay a variety of monthly bills at checkout. And, the benefits go well beyond customer convenience – increasing both foot traffic and impulse buys, especially for those...
Have you heard? Social commerce is going to change the lives of everyone, everywhere. Want to look at pictures of other people’s cats—buy cat care supplies while doing it. Think that girl from the 10th grade looks fat in that dress? Good news—it will soon...
The Internet is opening up the world to cross-border eCommerce, especially for smaller companies. Yet fragmented regulations and payment systems among various countries where trade tends to be conducted is hampering the full potential for e-trading, a new report suggests. But which countries are doing...
During the second quarter, consumer confidence globally climbed a point, to the highest it has been since the first quarter seven years ago. The confidence, however, doesn’t appear to be playing into payments players’ favor, however. Visa, for example, says its numbers don’t show yet...
Starting this month and running through November, the World Bank is launching global consultations on its proposed reforms for the national procurement of goods and services. The potential reforms are for projects funded by the World Bank and, so far, the response has been largely...
Not everything worth investing in happens in Silicon Valley! At least last month, in the B2B space, Atlas Venture in Cambridge, Mass, lead the charge by taking part in three major funding rounds at Button, Captricity and Freshbooks. Their large investment in Freshbooks continues to...
Treasury Department oversight of non-bank money-remittance businesses would be more streamlined by reducing duplication of regulatory reviews with states under a bill now awaiting President Obama’s signature. The bill also could save remittance companies millions by not have to go through duplicative state and federal...