NACHA, which oversees the U.S. automated clearinghouse system, continues to shift its focus. While the past 10 years have focused on converting checks to electronic transactions, today's activities are squarely focused on ways to use the system more effectively. What’s the one thing that NACHA...
Visa, MasterCard and American Express have had a firm grip on the global commercial card market for years. While they still maintain that control, China UnionPay, which recently overtook Visa as the world’s top debit card network, is seeing fast expansion of its commercial card...
Visa announced a new fixed acquirer network fee policy recently which will take effect next April. Targeted at aggregators, instead of combining merchants under a single tax ID, aggregators must use individual tax IDs for each merchant. Who’s going to be helped or hurt?
What does it take to bring real-time billing, ordering and settlement in the electric utilities industry? Sometimes it means revamping the entire purchase to pay cycle to include payment. Find out what American Electric Power recently introduced and how it’s improving cash flow.
You can’t keep an e-commerce enthusiast out of the game for long, as Marc Lore is demonstrating as he plots his follow-up to Quidsi, the parent company of renowned internet mother’s little helper Diapers.com, and somewhat less known Soap.com. Quisdi was eventually purchases by Amazon.com, in...
Investors’ rights advocate Carl Icahn has upped his stake in both Apple and eBay. An SEC filing spotted by the Wall Street Journal on May 15 indicates that Icahn held 27.8 million shares in eBay company as of March 31, 2014. Icahn increased his holdings in Apple...
Circle Internet Financial and its investing enthusiast founder Jeremy Allaire are throwing their name and a $26 million dollar fund behind a platform that allows for the free storing, buying and paying with bitcoin. This strong boost from a reputable corner may be the shot...
Eden Alexander is an adult entertainer who through a series of unfortunate events, stemming from an allergic reaction and less than through initial medical attention due to her profession, found herself critically ill, unable to work and facing a mounting pile of medical bills. Luckily,...
Alibaba gets all the attention. Given its astonishing market capitalization, wealth of holdings, army of users and status as sitting on the edge of the largest IPO in the history of possibly ever, that is not an entirely surprising development. Alibaba, however, isn’t the only...
