With businesses large and small rushing to jump onto the Beacon bandwagon, it can be hard to keep track of who, where, why and how's of the Beacon revolution. Luckily PYMNTS is keeping track of all of that for you. Check out the latest updates...
Connecting with one another through social networking sites like Facebook and Twitter is fairly commonplace for individual consumers. But what benefit can “likes” bring to the procurement industry? According to a recent survey, procurement-specific social networking sites are the future, and purchasers are excited to...
Foreign exchange payments and subsidies provided by the Ghana government are helping to overcome fuel shortages that have hampered the country for more than a week. The subsidies should help distributors to buy more oil from other countries.
Tablets are a staple now for small merchants who want a better way to interact with their customers. But just popular are tablets in the business world? Maybe more popular than you think. According to a recent survey, tablets are quickly becoming the “go-to” in...
For many banks, arbitration, which on its surface appears to be a viable economic alternative to litigation in customer-fee disputes, has turned out instead for many banks to create a litigation nightmare. As a result, many credit card issuers in particular have dropped arbitration clauses...
Merchants today are free to use cash discounts and credit card surcharging to steer customers to lower-cost payment alternatives, but they actually don’t. A new Boston Fed study found that less than 2 percent of transactions typically receive discounts for using cash or debit cards...
As various government entities are coming together to discuss the many issues related to virtual currencies, there is one empty seat at those tables: the CFPB. Now, the GAO is calling for the agency to get involved in order to assure consumer well-being. Why has...
The University of Pittsburgh Medical Center’s health plan reportedly has developed prediction models that use such data as patient claims, prescriptions and census records to determine those members who are most likely to require emergency and urgent care, which tends to cost more. Interestingly, how...
Who could argue with a process that helps companies save time and save money? Well, according to a recent survey of corporate buyers, not many of them when presented with an e-Invoicing or supply chain financing proposition. Find out why decision makers say now is...