2 June, 2016 by The TZ Newswire Staff Comments Off on Can Startups Survive Without Venture Capital?
Can Startups Survive Without Venture Capital?
Venture capital investment is the lifeblood of startups, but reports by The New York Times released on Wednesday (June 1) put a spotlight on a different breed of entrepreneurs that shy away from taking investor funds.
According to the publication, some startups are beginning to see the value in not accepting venture capital.
2 June, 2016 by The TZ Newswire Staff Comments Off on The Hairball That Is EMV Certification
The Hairball That Is EMV Certification
By now the rollout of EMV in the United States is old news, with an October 2015 deadline that seems positively ancient in the rearview mirror, and the transition itself had been telegraphed as far back as 2011, with a template stretching back across a decade especially in Europe.
2 June, 2016 by The TZ Newswire Staff Comments Off on European Central Bank In The Market For New Treasury Management Tool
European Central Bank In The Market For New Treasury Management Tool
The European Central Bank (ECB) needs a treasury management upgrade. Reports on Wednesday (June 1) said the ECB has issued a tender for a new TMS that offers real-time position-keeping, a move the bank described as “mission critical.”
2 June, 2016 by The TZ Newswire Staff Comments Off on Salesforce Shakes Up Commerce With Demandware Buy
Salesforce Shakes Up Commerce With Demandware Buy
Salesforce is expanding its corporate cloud services thanks to a major acquisition worth an estimated $2.8 billion, reports said Wednesday (June 1).
The company will create its Salesforce Commerce Cloud solution with the takeover of Demandware, an enterprise cloud commerce platform. Salesforce said it expects to finalize the deal in the second quarter of its fiscal year, ending July 31, 2016.
2 June, 2016 by The TZ Newswire Staff Comments Off on In Unicornland, Prosper Seeks Survival, And Some Green (Investment Shoots) Emerge
In Unicornland, Prosper Seeks Survival, And Some Green (Investment Shoots) Emerge
This week, the Unicorn Tracker’s biggest valuation headline was the $180 million raised by Snapchat, which, according to news reports, took its valuation to over $20 billion. It was noted by some sell-side houses on Wall Street that Snapchat has hit the 110 million-user mark in faster turnaround time than was seen with firms such as Facebook and Twitter. The tech upstart took only a year and a half to get to that level, while it took the other two companies a respective 24 quarters and 32 quarters.
2 June, 2016 by The TZ Newswire Staff Comments Off on The EU’s Efforts To Stimulate Economic Growth Are Failing
The EU’s Efforts To Stimulate Economic Growth Are Failing
A mix of failed stimulus initiatives and ongoing problems with delayed and late B2B payments are combining to create an environment across Europe in which corporations are struggling to grow, according to new research.
Analysis from Intrum Justitia AB, published in its most recent European Payment Report 2016, finds evidence that government efforts to stimulate corporate growth have failed to catch on. Instead, it could be up to corporates themselves to fix the issues of stagnancy, analysis said.
2 June, 2016 by The TZ Newswire Staff Comments Off on Singapore’s Mobile Payments Market Appeal
Singapore’s Mobile Payments Market Appeal
There’s one particular country that’s been creating a lot of attention in the mobile payments ecosystem in the past week.
Singapore.
It’s a country with an estimated population of just 5.47 million, a GDP per capita of $56,284, an unemployment rate of 3 percent and an adult literacy rate of about 96.54 percent.