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SMEs Severely Dissatisfied With eLending Experience – Fed

PYMNTS

But Federal Reserve Bank of Cleveland senior policy analyst Ann Marie Wiersch told Forbes in an interview that bank lending to small businesses is still struggling. Among the most common complaints for online lenders included “high interest rates, unfavorable repayment terms and lack of transparency,” the report wrote.

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Retail Enabler: CardinalCommerce Protects SMBs From Holiday Fraud

PYMNTS

Black Friday and Cyber Monday sales continue to increase year over year — while some project online holiday sales at $98 billion, new estimates from the National Retail Foundation project that this year’s online holiday sales could reach $117 billion. They can account for almost 3 percent of all revenue lost.

Fraud 100
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Beyond Amazon Go: The Technologies And Players Shaping Cashier-Less Retail

CB Insights

using their online account to check out in store), cashless retailers hope to merge shoppers’ online and offline identities. Improve the efficiency of inventory management – Once retailers can view the full picture of shoppers’ online and offline activities, they can better localize their inventory.

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Cognitive Technology: A shelter in the storm of regulatory change

Insights on Business

This is capital that cannot be deployed elsewhere or used to create value. More effective use of technology is key to better adapt to regulatory changes, cut costs and free up much of that locked-up capital. When the Watson-powered IBM Safer Payments system went online in France, it was fed 4.7 The system can learn.