The Airlines & Travel Payments Summit 2009 held a preconference session on fraud yesterday. Managing online fraud is a significant cost for carriers around the world. CyberSource’s Paul Brock spoke on improving automation to increase fraud detection. The key...
The WSJ reports today that as economic uncertainty persists, large companies are more successful than smaller companies in retaining their cash. They do so by paying their suppliers later - delaying payment out to 120 days or more in some cases - while...
A new report from Forrester underscores a theme that my partner Carol Coye Benson and I have been championing for months now. Widespread adoption of B2B electronic payments is dependent upon an open directory that allows business buyers that want to pay...
CFO.com summarizes the most recent Forrester "TechRadar" report on financial software. Not surprisingly, economic woes are driving businesses' need for accounts receivable and collections software to help companies monitor their customers payment behavior....
At Glenbrook we believe that B2B payments are among the most compelling opportunities in the payment industry today. Card acceptance is growing, yet businesses lack the tools to efficiently process transactions. My colleague Carol Coye Benson and I recently...
We've tabulated the results of last week's Web 2.0 survey - if you haven't taken it, don't worry you still can; we re-opened the survey and the link is here. (We'll update our results in another week or so, once a sizeable number of new responses are in.) Summary...
Today at The Huffington Post Tim Berry shares the results of a survey conducted last week to explore the availability of business credit via bank loans, commercial credit, SBA loans, etc. The results are not surprising: there's precious little credit available....
The Economist has an interesting article on newborn babies' innate sense of numbers and ability to count. People are born with an innate sense of how many items there are in small collections. Experiments in which older children and adults are shown randomly...
It's official. We entered a recession in December 2007. Read the statement from the National Bureau of Economic Research (NBER) here. Coverage: Wall Street Journal New York Times The Economist Free Exchange Blog...
According to a recent survey by CFO.com of finance executives, not only does it cost more to borrow in the current climate, but the quality and breadth of services available from commercial lenders has deteriorated. Seems the bankers are too preoccupied trying to...
