The question of when a business is big enough for a separate business checking account is kind of a trick question. Although there are differing opinions on the subject, it’s always best to have a business bank account, regardless of the size of your business. In fact, small business owners are wise to open a […]
A report published by Research and Markets expects the global tokenization market will reach $2.25 billion by 2020. This tokenization will be at a Compound Annual Growth Rate (CAGR) of 22.4%. “There is a constant pressure of managing sensitive data of consumers, along with the need to manage stringent compliances. This led enterprises to adopt […]
One of the keys to any successful business, regardless of it’s size, is innovation. Developing new ideas is the fuel which will keep your business up to date. Innovation will keep operations, products, and services fresh. Adding this fuel will make your business more competitive. According to a study from PwC, an overwhelming 93 percent […]
How many times have you heard about a new software platform that’s all the rage and you need to check it out? I mean really need to because you don’t want to be left out in the cold. But, when go to signup, there are a million fields to fill out. I can handle the […]
You don’t have to be an investor or involved in the payment industry to know that Bitcoin has been on a roll. And, it’s just not Bitcoin. It’s any type of digital currency that uses blockchain technology. The age of digital cash is just starting and your business needs to be prepared. The thing is, […]
Fintech, or Financial Technologies, has proven that it’s more than just an industry buzzword. Fintech represents many technologies that have already disrupted traditional financial services. One of Fintech’s advances is enhancing everything from mobile payments, money transfers, loans, fundraising, and asset management. According to a report by Accenture, investment in Fintech has jumped from $930 million in […]
Getting paid is a top priority for every business. Without money coming in, people don’t have the cash in place to support their day-to-day activities. But even with the many options now available, there are barriers. Those include hefty fees and clunky solutions that make it difficult for clients to pay. For those reasons, many […]
Merchants are assigned either in the high risk or low-risk category by credit card processors. Since most processors opt to do business with low-risk merchants because they’re not as risky, there aren’t a whole lot of merchant services that work with high-risk merchants. Why are merchants considered high risk? Let’s back-up for a second and […]
Biometrics and authentication are two of the most discussed topics in the world of mobile payments. This interest is due to technology like Apple’s Touch ID. According to research commissioned by Visa and Populas in 2016, two-thirds of Europeans are ready to use biometrics for secure payments. Business Insider predicts 99% of U.S. smartphones will be biometrics-enabled by 2021. […]
PCI Compliance, if you’re a business owner you’ve heard that term buzzing around for over a decade. But, even though you’re aware of PCI compliance, there are still plenty of misconceptions and misunderstandings surrounding PCI compliance. Do you really know about PCI Compliance as a business owner? What exactly is “PCI Compliance,” and what does […]