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E-Commerce Surge the Reason for Fed Ex, UPS Shortcoming

E-Commerce Surge the Reason for Fed Ex, UPS Shortcoming

Package shipping giants Fed Ex and United Parcel Service were simply not prepared for the e-commerce surge that accompanied the 2013 holiday season. From Dec. 24-26, virtually every news medium in the U.S. reported how FedEx and United Parcel Service (UPS) experienced significant delays which drew the ire of thousands without presents on Christmas morning.…

CEO Urges Against US Online Gambling

CEO Urges Against US Online Gambling

The US online gambling debate has experienced various ups and downs since efforts began to legalize gambling websites in the United States. With three states—Nevada, Delaware, and New Jersey—allowing its citizens to gamble online, experts have been predicting that the online gambling industry will grow into many other states. However, Las Vegas Sands CEO Sheldon…

CEO Urges Against US Online Gambling

CEO Urges Against US Online Gambling

The US online gambling debate has experienced various ups and downs since efforts began to legalize gambling websites in the United States. With three states—Nevada, Delaware, and New Jersey—allowing its citizens to gamble online, experts have been predicting that the online gambling industry will grow into many other states. However, Las Vegas Sands CEO Sheldon…

Money 2020: Retailers Will Control Consumer Relations

Money 2020: Retailers Will Control Consumer Relations

This year’s Money 2020 conference was a sweeping success. CEOs and representatives from all around the world came to discuss current and emerging trends within the payments industry. Topics ranged from the growth of mobile payments to new commerce platforms, but one topic widely discussed and agreed upon was how retailers will control consumer relations.…

Mobile Payments Industry Continues to Grow

Mobile Payments Industry Continues to Grow

As merchant and consumers alike seek mobile devices to simplify different aspects of human life, the mobile payments industry has been rising significantly. From mobile eWallets that allow consumers to purchase goods using just their phones, to mobile POS terminals becoming more and more popular amongst small businesses, the world of mobile payments is constantly…

Starbucks Invests $25 Million in Square Inc.

Starbucks Invests $25 Million in Square Inc.

San Francisco start-up company Square Inc. has received a multi-million dollar investment and partnership from Starbucks Corporation. The investment deal was reached last month, with Starbucks seeking to use Square’s technology to process all debit and credit card transactions in 7,000 locations nationwide. Experts believe that this is another step forward for the mobile credit…

Five Charged in Largest U.S. Hacking Operation

Five Charged in Largest U.S. Hacking Operation

With more than 160 million stolen credit cards and hundreds of millions of dollars lost, the United States Department of Justice has launched what it is calling the largest U.S. hacking operation in the country’s history. While there are still three men at large, officials arrested Vladimir Drinkman and Dmitry Smilianets in June 2012, both…

Accepting eWallets to Reduce Shopping Cart Abandonment

Accepting eWallets to Reduce Shopping Cart Abandonment

As an e-commerce business owner, you are always trying to find new ways to reduce shopping cart abandonment. You have created a website that is easy to navigate. Your site developer has integrated a simple shopping cart that customers can locate without hassle. You even email guests to remind them that they have incomplete orders…