As the world of eCommerce continues to skyrocket, so does the world of electronic payments. It’s likely that at the current rate, physical cash may become obsolete in the not-so-distant future. The Electronics Payment Association NACHA announced significant increases in the ACH Network transactions. Here are...
Fraud can happen on a multitude of levels in nearly any part of the economy. In the Association for Financial Professionals‘ 2017 Payments Fraud Survey, the organization saw a significant rise in the amount of B2B payment fraud occurrences. Here are the numbers: 75 percent | Percentage of...
There have been doubts by many since bitcoin’s debut in 2008 as to whether it would ever be a worthwhile investment. Cambridge Center for Alternative Finance’s new research brings an air of certainty to those looking to invest. Here are the numbers: 12.5 bitcoin | Amount...
While small businesses have certainly seen the impact of big business on their profits over the years, the tides may be turning. Data from the New York Federal Reserve shows a potential upswing for companies with fewer than 500 employees over the next few years....
With all of the offerings Amazon has announced lately, the eCommerce giant has become a dominant force to be reckoned with. Wall Street firm Needham is sharing strong predictions for Amazon within the next few years. Here are the numbers: 50 percent | Amount of online commerce...
The 2008 recession may have had a stronger impact on the retail world than once previously thought. When this turbulent time for retailers hit, the world was in the midst of an expanding eCommerce growth period. As such, more brick-and-mortar stores are projected to close this year...
With all of the negative press about Uber, the tides are turning for its competitor Lyft. The ridesharing alternative shared its news of recent funding that significantly gives a boost to its total valuation. Here are the numbers: $500 million | Funding amount Lyft is closing in...
The world of mobile payments has become a major contender in the finance arena. Over the past few years, it seems as though mobile payments have been popping up for various retailers and organizations. To help push mobile payments over the edge, some are saying...
It’s just as important to know when to downsize business operations for optimization as it is to understand when to seek an expansion. Several businesses today are looking to reduce either their size, product offerings or operational costs to help round out business. Here are...
