Private Sector news and trends

Private Sector Not Immune To Late Payments Struggle
B2B Payments // July 01, 2019

Late payments know no boundaries, and can impact companies of all sizes, industries and geographies — whether in the private or public sector. This week, the late B2B payments struggle wages on in Scotland, Australia and the U.S. In Scotland, analysis turns the spotlight on...

The Public Sector Takes The Lead On eProcurement
B2B Payments // June 10, 2019

Government procurement moved to the spotlight last week when New York City Comptroller Scott Stringer announced he is closely monitoring the state’s eProcurement project following reports of surging costs. The New York Daily News reported last week that the city’s contract with source-to-pay technology firm...

Wanted: Cybersecurity Aces — Mastercard, Partners Have A Plan
Mastercard // April 10, 2019

Here’s a bit of heresy for 2019: Data’s not everything. Sure, data often gets called the oil of the digital age — and data, as a commodity, has an economic, political and cultural value as massive as all those hydrocarbons gathered from beneath the planet’s surface....

China’s $9.1T Shadow Lending Sector On The Decline
B2B Payments // March 19, 2019

China’s $9.1 trillion shadow banking industry is on the decline, which has led to a rise in private corporate defaults. The country’s regulators have gotten tough on the shadow banking market in recent years. As a result, outstanding loans in the sector fell to ¥61.3...

Interviews & Exclusives
Wanted: Cybersecurity Aces — Mastercard, Partners Have A Plan

April 10, 2019
Here’s a bit of heresy for 2019: Data’s not everything. Sure, data often gets called the oil of the digital age — and data, as a commodity, has an economic, political and cultural value as massive as all those hydrocarbons gathered from beneath the planet’s surface. However, it takes more than data for 21st century society […]

Quick Reads
FCC: US Poised To Win 5G Race

February 24, 2019
With 5G wireless coming, the U.S. is in a good position to dominate the market, said Federal Communications Commission Commissioner Brendan Carr. According to a report in CNBC, Carr said on “Squawk Alley” late last week that the U.S. is in “good shape” in terms of building out networks to support 5G. “We are really on […]

Private Sector Hiring Increases By 237,000 Jobs In August

August 31, 2017
Jobs growth came in strong in August, with the U.S. private sector hiring more than 237,000 employees during the month. According to a report in Reuters, it marks the largest...

Payroll Numbers Meet Expectations

March 31, 2016
The hiring trend in the private sector managed to keep chugging on for a bit, showing in March that strength in the United States job market has not been derailed...