It is not a good day to be Walmart’s new CEO Doug McMillon. Traffic to Walmart locations nationwide has been on the decline all year and the company has just reported its fifth straight decline in U.S. sales numbers. Get the Full Story Complete the form...
Research and Markets has announced the release of their new report, “Commercial Payment Cards: The US and Global Markets and Trends, 8th Edition”. According to the report, while US consumer credit card spending may still be pressured, commercial card purchase volume is moving full steam...
NBK Capital MENA reported that corporate loans in Egypt increased by 1.2 percent month over month in March 2014, the fastest growth since April 2013, resulting in a five per cent increase over March 2013. Corporate loans increased 1.1 percent for the third consecutive month...
As the Chinese economy continues to cool, companies are waiting longer and finding it harder to get paid for goods and services that have already been sold, leading to record amounts of receivables and potential write-offs, on corporate balance sheets. Get the Full Story Complete...
Shahin Abdollahi, a former Subway franchise owner has reportedly admitted to hacking point-of-sale terminals at the sandwich chain from remote locations. He used his access to top off gift cards to the–stealing around $40,000 all told. Get the Full Story Complete the form to unlock...
Capitol One Financial Corporation and Kohl’s department stores have announced a multi-year extension of their their private label credit card program agreement. The extension comes several years in advance of when the contract is set to expire, and serves a strong vote of confidence between the two...
According to the 2014 Unisys Security Index 59 percent of U.S. consumers are “extremely” or “very” concerned about having their card data stolen, which represents a 7 percent increase over 2013. Of respondents, a clear 57 percent majority also expressed concerns about becoming the victim of identity theft. Get...
BillGaurd, a personal finance start-up, has announced twin launches this week. The company’s mobile app is now available for download for the first time for Android users and the company now provides a service that alerts customers when their card has been involved in a...
In an effort to better monitor farmer subsidies and track data related to how those subsidies are used, the Nigerian government will work with Cellulant Nigeria to distribute POS terminals to its nation’s farmers.
