Next year, Green Dot’s contract with Walmart expires, a troubling detail for the prepaid card company considering that for much of its fifteen year existence, the majority of Green Dot’s profits have come from its mega-retailer parent. In recent years, that has amounted to 55-65...
Who wants a wearable? So far the answer to that questions has been “almost no one,” as smart watches have failed to gain traction in the marketplace. That could, however, see a change with the release of the Apple Watch. Get the Full Story Complete...
Some 20 to 30 years ago, every U.S. oil company ran its own in-house fuel card operation. Today, most outsource those operations. That trend has only just begun in Europe, where most businesses still operate their card programs internally. Get the Full Story Complete the...
Layaway, which was all but dead a decade ago, is increasingly the competitive weapon of choice for discount retailers. Kmart is wrapping up a no-down-payment layaway promotion for loyalty customers that appears specifically designed to undercut Walmart’s layaway. Get the Full Story Complete the form...
The Dallas-based high-end Neiman Marcus chain has paid about €150 million to take over Germany E-Commerce site MYTheresa.com, along with the E-Commerce operation’s flagship store in Munich. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Did Home Depot’s IT operation ignore—for years—internal warnings that it’s security was inadequate? A New York Times report, quoting various former employees of the home improvement chain, says that it did. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
MasterCard is labeling “successful” a biometrics payments trial (facial plus voice) where more than 14,000 transactions were confirmed in a closed iOS and Android pilot using only MasterCard employees, according to a Computerworld report. Get the Full Story Complete the form to unlock this article...
Startups today have found bank loans to help get them get off the ground have all but dried up. So many now turn to other investors, such as venture capitalists and “incubators” to secure their funding. Sales of company stock represent another option to pursue...
While the world’s now focused on Apple Pay, there’s another “A” player that’s just as capable of shaking things up in mobile payments. Android. Except that there’s just one problem, well actually there are five, that are getting in the way of making it the...
