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....
Shoppers wanting one of the new iPhones may have to wait until October due to shortages. Record-breaking first-day pre-order sales that topped 4 million units were logged, outstripping supply according to Apple. Reuters reported that this weeks pre-order numbers were roughly double the volume of sales...
To get a glimpse of what the future of government procurement within the European Union will look like, one need look no further than PEPPOL (Pan-European Public Procurement Online), which is at the heart of the region’s eProcurement strategy. Get the Full Story Complete the...
The city council in Aberdeen processes some 75,000 invoices each year from 147 registered suppliers. To help it process those invoices more effectively, the Scottish city next month will go live with its implementation of a cloud-based eInvoicing software system. Get the Full Story Complete...
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...
More and more food, grocery and consumer-goods retailers are finding success in using online channels to grow sales, and many are turning to their suppliers for help in developing mulitichannel initiatives. Many such merchants, however, still have much work to do to maximize their online...
French cosmetics manufacturer L’Oréal has finally finished off a massive redesign of its corporate supply chain with one simple goal in mind—getting better data about both its buyer and consumer relationships. Simple goals have a way of becoming very complicated in execution and the end-to-end...
New York City’s two competing systems to pay for cab rides by mobile app have struck a truce, so passengers no longer have to guess which one works in what cab. On Wednesday (Sept. 10), VeriFone, whose Way2ride system worked in about half of NYC’s...
