By: Eileen Goode (@eileengoode) When businesses are paying each other, checks remain the dominant vehicle, representing on average nearly half of all B2B payments. Their primacy, however, is slipping. In 2004, 81 percent of payments were made by check, but by 2013 the rate had...
JPMorgan Chase's recent decision to try to sell off its government and commercial prepaid card business seems a bit surprising. After all, prepaid is among the fast-growing payment segments, so why give it up? MPD's Gloria Colgan offers up her views on why Chase made...
It goes without saying that the recent data breaches at some of the major U.S. retailers, including Target and Neiman Marcus, have exposed a harrowing reality in the payments space — that fraudsters can and will take advantage of any security flaw they can. As...
Businesses are turning to mobile technology to conduct product investigations and for purchasing, Internet Retailer reported on November 21. New Forrester Research cited by report found that 52 percent of businesses make purchases with tablets, with an equal number of respondents saying they buy things...
On the 12th anniversary of their partnership, MasterCard and CSI are breaking news about how they will help banks and corporate users realize the benefits of virtual cards to manage their accounts payables. Here are a few of the specifics as told by the two...
B2B companies are increasingly transitioning towards eCommerce transactions, according to a B2B report. The study, “The Emerging Role of B-to-B eCommerce,” stated that 41 percent of B2B marketers are “strong” or “complete” eCommerce adopters. Forty percent are expected to commit to eCommerce by 2014, with...
Really and truly solving the B2B payments’ problem over the years has been a little bit like proving Fermat’s last theorem – lots and lots have tried and a few have even gotten pretty close. But no one has been able to enter the market...
