It’s a short holiday week, and we wanted to get the blogging in before it was time to address the stuffing! If you’re on the merchant side of the equation, it’s also a “short” holiday season, due to Thanksgiving coming later in November than usual. So there’s even...
An analysis from the First Data Corporation shows a discernible uptick in consumer spending in the period heading right into the holiday season — namely, the month of October. For that four-week period, their “SpendTrend” analysis tracked “same-store consumer...
We were struck by a CNBC article appearing this week, with the provocative headline, “Cash-only Business Owners Risk $100 Billion Mistake.” The article notes that “As American consumers begin to embrace tap-and-pay smartphone apps, relegating plastic to a deep recess...
ACH, or “Automated Clearing House,” has been in the financial news of late, particularly in a couple of MarketWatch articles about ongoing changes to the system of payments, particularly in this era of instantaneous digits. ACH was one of the first inter-bank...
