News (2421)
Credit and Debit Cards on the Way out?
A recently published Pew Research Center report indicates that consumers will switch to mobile payments by 2020, reports Firmology. The report believes that by 2020 consumers will have replaced credit cards and debit cards with mobile phones for their payment method.
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Small Business Embraces Technology
According to eWeek, a new survey by j2 Global shows small business are embracing technology. Of those surveyed, 53 percent say they expect to work exclusively on an iPad or tablet in the coming year.
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Expense Automation
Concur (NASDAQ: CNQR), a leading provider of integrated travel and expense management solutions, today announced that together with American Express, it's marrying the convenience of transaction alerts near the time of card swipe with the ease of simply snapping a photo of a receipt to "automagically" create an expense on-the-go without any typing required.
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ZINK Imaging Creates A New Category Of Creative Devices
ZINK Imaging, Inc., inventors and manufacturers of the award?winning ZINK® Zero Ink® Printing Technology and ZINK Paper®, today announced the launch of a comprehensive line of ZINK hAppy(TM) branded consumer products that empowers anyone to be more productive and creative at home and at work. The line includes a new category of devices called Smart App Printers(TM), featuring the hAppy(TM) and hAppy+(TM); ink-free ZINK zRolls(TM); apps; digital design content; accessories and the integration of third party printing standards that enable users to easily print from their favorite apps.
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Millennials Invest Early, Think Long-Term
Millennials are starting to invest for the future at a much younger age than their parents' generation, undeterred by higher tuition costs, reports of shrinking job prospects and higher housing prices. According to the TD Investor Insights Index, the average Gen Y investor reported making their first investment at age 20. In contrast, previous generations waited to make their first investment until closer to 30, with Baby Boomers holding off until the age of 27.
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Small Business Optimism Down in June
According to Bloomberg, small business confidence fell in June, after reaching an all time high in May. The National Federation of Independent Business’ Optimism Index for June as 93.5, down from 94.4 in May.
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Small Business Owners Not Saving Enough for Retirement
A new survey by American Express shows that sixty percent of small business owners surveyed have not saved the money they need for retirement, reports the Washington Post. About seventy-three percent of those surveyed said they’re concerned about their ability to have the retirement lifestyle they would like.
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SMB Travelers Show Higher Spend than Enterprise Counterparts
Concur (Nasdaq: CNQR), the leading provider of integrated travel and expense management solutions, today released its Concur Expense IQ Report , the company's third annual global report analyzing more than $50 billion in corporate travel and entertainment (T&E) spend. Leveraging expense data generated by its more than 18,000 corporate clients, this report provides businesses with unique insight to help inform their travel and expense programs.
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Bitcoin Catches on with Small Business
Bitcoin, a type of virtual currency, is catching on with small business owners, reports the Wall Street Journal. Its popularity is due in part because Bitcoin lets business owners save on credit card fees.
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Square Launches Online Store Front for Small Businesses
Credit card processing company Square has launched a new online shopping site called Square Market, reports The Chicago Tribune. Square Market’s purpose is to serve as an online storefront and payment processor for small businesses.
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