While 90 percent of small businesses have a presence online, only 10 percent can leverage it into sales. Moreover, while small and midsize business owners say they think about moving their account receivable, accounts payable and payroll functions into an electronic instead of paper-based system,...
In a recent blog post, several FTC staffers noted that the changing competitive landscape online commerce is creating is affecting the agency’s examinations for potentially anticompetitive deals. Sometimes, though, the competitive influence of two merging companies still can be determined by looking at only one...
Several recent reports on private-label credit cards show a market that, like most loan-based products, fell considerably during the recent recession. But signs are pointing up these days, as merchants and the owners of their card portfolios are back to positive growth.
A dramatic shift is underway in the currency U.S. companies use to trade internationally, especially with China, new data show. Increasingly, U.S. firms are settling trades in China’s renminbi instead of the U.S. dollar. Though the U.S. currency still dominates trade in the China/Hong Kong...
Adapt or die. It’s a simple enough phrase, usually associated with evolution of living organisms. However, it’s a mantra that is becoming more of a reality for organizations in the third-party logistics (3PL) industry.
Apple’s WWDC showing sort of got PYMNTS people talking about Karen Webster’s piece on Apple’s potential mobile payments ambitions. So did reports that small merchants may be turning their backs on EMV for mobile and merchants taking the debit card fight to the Supremes (we...
As merchants consider their options leading up to next year’s EMV liability-shift deadline, they are faced with the choice of upgrading their POS equipment, or wait and risk the fraud consequences while using the money to promote mobile-based initiatives. Their risk, however, also lies in...
A new service from Royal Solutions Group backed by Chase Paymentech can help healthcare providers secure payments at the time of service, thus reducing or eliminating invoicing costs while improving cash flow. The service also follows a trend where health care providers increasingly are working...
The interest in and demand for immediate funds transfer is sweeping the globe has spread to Finland. The country already has an urgent payment system where payments are handled twice daily but now they are following their Swedish neighbors to develop a real-time system.
