Facebook has announced that soon downloading its new Messenger App will eventually be the only way to chat on Facebook via mobile. By the end of the week, messaging will no longer be available in the company’s iOS and Android apps, which means users who...
Faisalabad Electric Supply Company (Fesco) administration announced this week that it had signed an agreement with SAP to implement a new Enterprise Resource Planning (ERP) initiative in the company. The new ERP system will accelerate different departments’ performance, including finance, accounting, procurement, customer care and...
Recent study indicates that consumers do not want to be passive participants when protect their online security. While unsurprisingly widely dissatisfied with retailers and their capacity to meaningfully protect their data, the people who are seeing their data breached over and over are increasingly looking...
The United Nations has completed a major modernization program for it's micro currency. The changes are to be used initially in the West Bank, the Hashemite Kingdom of Jordan, Gaza and Syria.
Yesterday, Oracle announced a solution for businesses that have high procurement spend or that rely significantly on subcontracts to deliver results to their customers, and want to do so in a cost-effective manner. According to a company statement, Oracle launched Oracle Project Procurement, the latest...
Hony Capital, one of China’s largest private equity funds, has invested $50 million in cloud and mobile commerce enabling firm Deem, which recently under went recapitalization financing led by Point Guard Ventures along with various mutual funds. Deem connects a network of over 17,000 buyers and...
Fuel card provider and workforce payment products company FleetCor is reportedly in talks to purchase payments processing firm Comdata for more than $3 billion, according to a Reuters report. FleetCor is looking to make the buy along with other buyout firms, including Carlyle Group LP...
Activist investor Carl Icahn is likely enjoying a banner morning somewhere on the announcement that Family Dollar has officially decided to sell out to inexpensive retail rival Dollar Tree for the not quite bargain basement price of $8.5 billion. Icahn owns a 10 percent stake...
The Federal Reserve last week released its “2013 Federal Reserve Payments Study Detailed Report,” which adds details to the summary of its findings released in December. Rich on data, the report is a triennial project for the Fed that helps the industry keep up with...
