Despite wintry weather, U.S. consumer borrowing in February blew past economists’ expectations with an increase of $15.5 billion, thanks to a big jump in non-credit-card loans, according to a monthly report from the Federal Reserve released on Tuesday (April 7). But revolving credit-card debt fell...
Even though global consumer confidence has been on an upswing since late 2012, Nielsen reported on Jan. 28 that the global consumer index — the indicator that projects consumer spending — dipped slightly to 96 in Q4 of 2014 from the quarter prior, though this...
News broke yesterday about Amazon’s plans to sell a branded dongle at Staples, making it the 123rd player to enter this very croweded space. But while a giant player could become a powerful new entrant, SMBs are starting to show a change of heart towards...
We admit it – we thought that just bringing you the monthly updates on mPOS was getting a little long of tooth. So, we decided to get a little “jiggy” with the mPOS Tracker. Starting this month, we’ll be going well beyond tracking only the...
Neiman Marcus has acknowledged that it took nearly five months before it detected the malware affecting its system. On Jan. 20, the retailer held a conference call with credit card companies to review the situation. During the call, it was disclosed that the attack first...
Finland’s central bank has determined that Bitcoin is not a currency. Defining it as a commodity instead, the Bank of Finland said users do not enjoy any consumer protections and are cautioned to use the popular virtual currency at their own risk. “Considering the definition...
