Daily Archives: 22/08/2018

Procurement Digitization Doesn’t Have An Endgame

Site Default/ August 22, 2018/ PYMNTS reports/ 0 comments

By PYMNTSPosted on August 22, 2018 Organizations know by now that enhanced and efficient procure-to-pay processes can save money and boost efficiency. But how, and by how much? A new report from The Hackett Group aims to put some definitive numbers behind the trend to uncover just how beneficial an enhanced procurement strategy can be. In its report, “Raising the World-Class Bar in Procurement Through

Read More

Samsung Pay Passes The 1.3B Transactions Mark

Site Default/ August 22, 2018/ PYMNTS reports/ 0 comments

By PYMNTSPosted on August 22, 2018 Samsung Electronics announced Tuesday (August 21) that Samsung Pay, its digital payments platform, recently passed the mark of more than 1.3 billion transactions globally. In a press release celebrating the three year anniversary for Samsung Pay, Samsung Electronics said the digital payment service is now available in six continents and 24 markets, including its latest in South Africa. “Since we launched

Read More

The $70K Dent The Financial Crisis Put In The US Consumer’s Pocketbook

Site Default/ August 22, 2018/ PYMNTS reports/ 0 comments

By PYMNTSPosted on August 21, 2018 While the Great Recession technically began in Dec. 2007, most people remember a different date as the “real” start to the Great Recession: Sept. 15, 2008. That was the day Lehman Brothers officially filed for bankruptcy. Six days later, The New York Times reported that Bear Stearns was dangling on the edge of bankruptcy and a forced liquidation after it posted a

Read More