U.S. small businesses today spend a combined $4 trillion on expenses necessary to keep their companies operating, most of which is spent via checks. And that doesn’t include payroll costs. During a recent Sanford C. Bernstein Strategic Decision Conference, American Express President Ed Gilligan described...
Today is the day that we might actually get a peek into Apple’s playbook on mobile payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
On June 4, Vantiv will host a Web seminar to discuss key findings in a new white paper “Omni-Integration Imperatives: Reaching the Omniconsumer.” During the event, representatives from both companies will provide detailed insights into what financial institutions and merchants can do to adjust to...
PYMNTS.com has updated the monthly B2B Payments Tracker, which saw many investments in the space in May. Startups dealing with big data, analytics and billing raised millions bringing the total amount raised to over $500 million in 2014.
It’s been half a decade since Congress stepped in to thwart banks’ efforts to promote high-cost credit cards and loans on college campuses. Lawmakers are back at it again, this time targeting conflicts of interest and kickbacks between financial institutions and schools related to debit...
Wowsa. Talk about awakening the slumbering bear! This week economist and MPD Founder David Evans wins the prize for heating up the PYMNTS.com community with his article about Overstock not taking bitcoins, Overstock’s response and then Evans' response to the response! But there’s more! Readers...
Last Friday PYMNTS ran a short article by me that made the pretty simple and accurate point that Overstock.com receives dollars when people use their Coinbase wallet to send bitcoins. Little did I know the firestorm I would start. Patrick Byrne, Overstock’s CEO, was not...
The fees companies pay to accept card payments from customers have long been a point of contention. An Australian company, eWAY, is using a system from Xero that automates the ability to enable a surcharge on card payments while also giving buyers the chance to...
The US celebrated Memorial Day this past week, but it might as well have been the 4th of July. Fireworks exploded in the bitcoin community over David Evans’ piece on Overstock’s acceptance of bitcoin, including from Patrick Byrnes himself. Then there were those pesky bots.
