MoneyGram International has been the chief supporter of funds transfers for U.S. Walmart locations for some time, but the relationship became strained in April when the megaretailer launched its own, less-expensive U.S. store-to-store transfer program. During a recent analyst conference, Alex Holmes, MoneyGram’s CFO and...
According to recent reports, the supply chain for McDonald's in the U.K. employes about around 13,000 people per year and contributes at little under $100M to the U.K. economy each year. More remarkable that how many people it serves or employes, or even how many...
Business of all sizes want to be as efficient as possible and make a profit. Why would colleges and universities be any different? However, three schools in Iowa are questioning the results of a Deloitte study that suggested that a better sourcing and procurement process...
Online booking solutions company Amadeus is moving forward with its technology, as it prepares to work with SAP to deliver a cloud-based corporate travel solution. The new global innovation is set to help the business travel community soar high in the “cloud” and create a...
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...
When individuals don’t pay their electric bill, the lights get shut off. But, what happens when one country’s government refuses to pay businesses in another country?
Square co-founder Jim McKelvey is taking what he learned about innovation when launching Square to new start-ups in St. Louis. He believes that all successful innovators need three things to succeed, unless they are in financial services. In this week's Innovator Insight series MPD CEO...
Bancorp Bank’s recent FDIC consent-decree agreement has hobbled the nation’s top prepaid issuer and will likely open the prepaid market to others. But the FDIC’s actions aren’t limited to prepaid card issuers, as Discover can attest which was the target of FDIC’s probe into potential...
For those career-driven individuals who are itching to start their own business, there is one increasingly common trend to keep in mind: no need for checks. While being able to accept personal checks – or even a check from another company – was a mainstay...
