If banks aren’t paying attention and adjusting their strategy, they are on the verge of disruption by startups and high-growth tech firms. These firms are slowly taking away customers and market share from banks and traditional lending players. Get the Full Story Complete the form...
Walmart’s ambitions to be a viable B2B supplier in India continue to grow, as two more of the megaretailer’s Best Price Modern Wholesale stores are set to add eCommerce-service support, in Guntur and Vijayawada in Andhra Pradesh. The stores reportedly will begin supporting eCommerce sales...
Online commerce has become more sophisticated over the years, with more and more consumers using the channel in new ways to buy and research products and services. And this is bolstering merchants’ need to build omnichannel strategies that include consistent experiences across both online and...
Though Congress passed a law capping debit card issuers’ per-transaction interchange income at essentially 24 cents—about half the average issuer take previously—many merchants remain convinced issuers still earn sizable profits from their debit card transactions. Get the Full Story Complete the form to unlock this...
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...
Much has been written, and opined, over the past week since Apple introduced Apple Pay and entered the payments market. But how might the service affect B2B payments? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.S. consumers racked up credit-card debt in Q2 twice as fast as at any time since the recession — and credit-card charge-off rates appear to be headed up too, according to new data from the Federal Reserve and FDIC included in a report by CardHub....
Regardless of Apple Pay’s long run success, we’ve all just witnessed an inflection point in payments – a point in time after which nothing will ever be the same. What happens over the next three to five years will likely decide the direction of payments...
Some 13 state agencies operating Women, Infants and Children (WIC) benefit programs have implemented electronic benefits transfer (EBT) initiatives to improve the efficiency of funds distribution. However, many unknowns remain concerning the impact EBT processes have on the various stakeholders, including the agencies, their EBT...
