Construction spending in the U.S. construction fell in August, after a slight increase in July. The 0.8 percent decline was the second fall off in the last three months and weakness was spread across all three major sectors—residential, non-residential and government projects, reports The Associated Press....
Although B2B payments are often held up as lagging behind the times, Bob Dowd—Managing Director of Global E-Commerce for the Cambridge Mercantile Group—thinks critics tend to miss the tremendous strides the space has made over the last 5 years. Cambridge moves money around the world—with...
Existing payment schemes were created with the understanding that payments are going to be (and stay) domestic. That old school way of thinking doesn’t reflect today’s increasingly global business landscape. As an innovator in the B2B payments space, Serial Entrepreneur and founder of a stealthy...
The Apple Pay bandwagon will have to make room for one more as Capital One has rolled out a new mobile wallet app for cardholders that is Apple Pay compatible. The app is intended to offer users a clear look at their Apple Pay transactions, in addition to...
Alibaba and Tencent are engaged in a struggle to control the internet, both in China and possibly worldwide. Their latest battlefield will apparently be financial services, as each have won approvals from Chinese authorities to set up privately owned banks. Get the Full Story Complete...
Commerce is going universal. As online, mobile and physical shopping increasingly mesh together, merchants are seizing their chance to deliver a holistic customer experience via multiple channels and mobile devices. One way to go about this strategy is by taking advantage of hyper-local commerce, according...
The three months through September were still the busiest for IPOs in four years and would have been even if Alibaba had never set foot in the U.S. and gone public. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Conventional wisdom might lead one to conclude that payday lending is a scourge upon the Earth and an institution dedicated wholly to feasting on the financially disadvantaged and entrapping them unwittingly into an unending cycle of interest, fees and renewals intended to turn a $500...
Not everyone thinks the eBay-PayPal no-fault divorce is the greatest thing to happen to the exchange of goods and services since the replacement of the barter system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...