Although it is not impossible for SMEs to secure loans, doing so can be a struggle, particularly for start-ups with limited credit history. Across the globe, other financing options–like asset-based financing–are continuing to grow in popularity. Is asset-backed financing still a strong option for business...
A Russian national has been indicted for a series of cyber attacks against financial institutions (including Chase Bank, Capital One, Citibank and the Boeing Employees’ Credit Union) and retail POS in the U.S., as well as for running various carding forums that resold payment card...
Russia is a cash society. Only 20 to 25 percent of Russian adults have bank accounts. Just 15 percent had credit cards in 2011, and 90 percent of those cards are used only for withdrawing cash. For big purchases, bringing along a suitcase of rubles...
Want to make payments with a smart phone? Are you one of the 85 percent of consumers using Android OS? It’s a good news, bad news kind of morning. On the upside, there is the Blackphone out there—a security enhanced modified Android OS phone that...
The PCI Council, which rules payment-card security, just issued new guidelines for how to outsource payments-related work to third parties. The message: You can't just hand off security and forget about it.
In the apparel industry, suppliers are taking on a bigger role in retailers’ product management. One apparel sector expert see suppliers as becoming more of an inventory manager for their retail clients. Accounts-receivable factoring also is taking on increased importance as retailers seek greater controls...
TGI Friday’s wants to help consumers get in and out of their restaurants a little faster, and is using QR codes to do it. As part of a series of upgrades to facilities in select locations across the nation, Friday’s has added scannable QR codes...
A recent FICO survey found that 91 percent of those surveyed were happy to receive automated messages to verify purchases with their payment cards, FICO’s Philip Doyle reported in the credit-scoring company’s Banking Analytics Blog. Get the Full Story Complete the form to unlock this...
Supply-chain commerce vendor Manhattan Associates has acquired GlobalBay Technologies from VeriFone, the companies said on Tuesday (Aug. 12). Financial terms of the transaction were not disclosed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
