A recent Wall Street Journal report on the short-term loan practices used by many low-income consumers paints an unlikely picture of individuals willing to pay high loan rates for quick cash. Government intervention into bank overdraft-protection policies and payday-lending practices, while for the purpose of...
In an effort to automate and streamline Government financial management processes and procedures, the Kenyan National Treasury is switching to electronic procurement. Henry Rotich, Cabinet Secretary, National Treasury, said e-procurement, when implemented under the Integrated Financial Management Information System (IFMIS), will provide an efficient and streamlined...
ISIS mobile wallet- a joint venture between AT&T Mobility, T-Mobile USA and Verizon Wireless launched in November of 2013 — allows customers packing a NFC-enabled Android handset, a special SIM and the right app to make contactless payments at tens of thousands of merchant locations nationwide. The...
TripAdvisor and OpenTable beware, Yelp is releasing a new service that may soon be cutting into both companies consumer base. Yelp Reservations will allow customers to book a reservation directly from an eatery’s Yelp business listing on their mobile device or computer. Additionally, users will also...
Small and microbusinesses are vulnerable – especially when it comes to getting credit. And in the absence of traditional forms of credit, many turn to credit cards for working capital. But 46 percent of SMBs say they don’t or can’t. MasterCard and Corporation for Enterprise...
Casio has announced the introduction of two new POS touch terminals, the the V-R7000 and the V-R7100, that run both the Android OS and optional POS application software. Casio introduced the first complete Android POS terminal V-R 100 terminal. Get the Full Story Complete the...
Travel booking site Orbitz has reported its first quarter 2014 results, which boast modest but solid growth. Orbitz’s adjusted growth rate in Q1 was $0.33 year-on-year to $ 28.7 million with room night growth of 12% and net revenue growth of 4%. The company attributes much...
Yogurty– a leading merchant of frozen yogurt so tasty that you won’t forget its not ice cream, but you also wont’ feel tricked into eating it–has announced an increase in mobile wallet integration just in time of the summer FroYo season. Get the Full Story...
How did Alibaba go from its humble roots as an idea cooked up in Jack Ma's apartment in 1999 to potentially the most humongous IPO in history in just 15 years? Very strategically, as it turns out. And, we’ve made it as easy as a...
