Truncation

The requirement mandated by the FTC for merchants to shorten the personal account information (PAN) printed on credit and debit card receipts.








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Program Manager

A manager with oversight for the management of a specific program, generally in the credit card or information technology business.








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Purchase-To-Pay

An integrated system that fully automates the goods and services purchasing process for a business.








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Purchase Money Security Interest (PMSI)

A security interest or claim on property that enables a lender who provides financing for the acquisition of goods or equipment to obtain priority ranking ahead of other secured creditors.








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Jamming

A scam perpetrated by bogus credit repair firms that involves the mail out of dispute letters en masse to credit bureaus on behalf of consumers with spotty credit histories.








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Linked Transfer Account

Accounts held by an individual at a financial institution that are connected to each other, in order to enable the transfer of funds to and from each other.








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Mini-Miranda Rights

A statement a debt collector must use when contacting an individual to collect a debt.








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Ford Follows Tesla And Toyota In Releasing EV Patents

Ford is now the third automaker to release patents related to electric vehicle technology for anyone to use, in an effort to accelerate research and development of electric vehicles. Tesla and Toyota have already made similar moves for the same reason.

Source Forbes - Business http://ift.tt/1HZkj8W

Four Recent Bubble Warnings That You Need To Worry About

Four prominent economists and businesspeople recently warned about inflating bubbles and asset valuations.

Source Forbes - Markets http://ift.tt/1HFpXYc

‘I have two children to feed’

HE once blew $5000 of union money on prostitutes, now ‘desperate’ former Labor MP Craig Thomson has taken a surprise new job to make a buck.

Source NEWS.com.au | Business http://ift.tt/1BAW2hS

Best Advice From 'Mad Men'

The "Mad Men" series finale was almost two weeks ago, and ended an era. The four-time Outstanding Drama Series Emmy award winning series told the story of the dark, mysterious, conflicted creative director of Sterling Cooper, Don Draper, and illustrated the brilliance and recklessness of a man who was haunted by his abusive past. He led far from a flawless life, and had extreme success and failure in his career and relationships.

Source Forbes - Business http://ift.tt/1d8llln

Bringing Life Insurance Back

It's time to bring life insurance back. So says Jeremy Hallett, co-founder of Quotacy.com, an online term life-insurance company.

Source Forbes - Business http://ift.tt/1eKPk3W

Chanel Will Open Day Spa By The End Of This Year

Having your own restaurant, club or  furniture line, in addition to ready-to-wear, is nothing new in the world of luxury fashion. Establishing a namesake day spa however, is something only few brands have pulled off so far. Chanel is the latest  luxury brand which will soon be added to that exclusive club, with the inauguration of 'Chanel au Ritz Paris'.

Source Forbes - Business http://ift.tt/1BAIvXL

Why You Should Pay Attention To The Yen Right Now

The Japanese yen recently experienced an important technical breakdown that is worth watching.

Source Forbes - Business http://ift.tt/1csmbsw

Biweekly Payments Look Like Free Money; But Not So Fast

If you make 13 monthly car payments a year instead of 12, you pay off your loan faster, you save money on interest, and really, you probably don’t even miss the extra money, once you set up automatic payments deducted from your account – right?

Source Forbes - Business http://ift.tt/1LVLL5n

This Is How Scientists Do A Summer Street Fair

It's not your typical muggy Sunday street fair. Astronauts share their tips for going to the bathroom in space, kids play with computer microscopes and food trucks compete for road space with robots.

Source Forbes - Business http://ift.tt/1BAtgOn

The Opportunity Presented By Shadow IT

Early one Monday morning years ago I rolled into work. I dropped my bag on the floor and slumped into my office chair. It spun around slowly to the window and I clutched my coffee feeling that without it I would be completely lost. After a moments reflection I spun back around and stabbed at my keyboard with my index finger as if it were something that had just crawled out of a drain.

Source Forbes - Business http://ift.tt/1AH4xNp

Heartland Payment Systems Suffers Data Breach

Heartland Payment Systems suffered a data breach on May 8th that affected their customers. This is unfortunate news when you take into account that they analysts were of a mind that the company would be posting a $0.64 earnings per share. The payroll processing company also has product offerings in loyalty cards, mobile payments and payment processing.

Source Forbes - Business http://ift.tt/1I2U2E1

The FTC Cracks Down On Fine, Fine Print With Those Low, Low Prices

The Federal Trade Commission, which has a weakness for giving its enforcement actions catchy names, said it had reached consent orders with a couple of auto dealers accused of misleading advertising.

Source Forbes - Business http://ift.tt/1I2Tq0U

Time To Hit The Corporate Social Responsibility 'Reset Button'

It is overstatement to say that over the last several decades corporate social responsibility (CSR) programs have become commonplace within many large companies and financial institutions, particularly those who have investments abroad. This is especially the case for sizeable private foreign firms operating in emerging markets, where enterprise-sponsored initiatives aimed at facilitating economic development are seen as avenues for business to ‘do well by doing good’.

Source Forbes - Business http://ift.tt/1eKvlCD

Japan's Unlikely Ambassador: a Cartoon Robot Cat From the Future Wins China's Hearts and Minds

While Japan’s human diplomats struggle to quell rising tensions with China over the South and East China Sea, their “anime ambassador”—a red bean pancake loving, 22nd century CGI cartoon cat named Doraemon—has been charming mainland moviegoers with his latest movie exploits.

Source Forbes - Business http://ift.tt/1JicxFY

Time To Hit The Corporate Social Responsibility 'Reset Button'

It is overstatement to say that over the last several decades corporate social responsibility (CSR) programs have become commonplace within many large companies and financial institutions, particularly those who have investments abroad. This is especially the case for sizeable private foreign firms operating in emerging markets, where enterprise-sponsored initiatives aimed at facilitating economic development are seen as avenues for business to ‘do well by doing good’.

Source Forbes - Markets http://ift.tt/1eKvlCD

The Basics Of Forex Algorithmic Trading

Much of the growth in algorithmic trading in Forex markets over the past years has been due to algorithms automating certain processes and reducing the hours needed to conduct foreign exchange transactions.








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Where Are Stocks Headed Next?

U.S. stocks continue to stagnate, but all major indices are still above technical support levels.

Source Forbes - Markets http://ift.tt/1HEXrWO

Gaming Notebook Displays Are About To Get A Major Upgrade

In addition to launching the GeForce GTX 980 Ti today, NVIDIA also made a number of other disclosures related to its variable refresh rate G-SYNC display and VR technologies. Along with getting windowed-mode support, desktop G-SYNC is also getting a few more display offerings courtesy of Acer and Asus, with resolutions up to and including 4K.  In another interesting move though, NVIDIA is also launching G-SYNC for notebooks, and notebooks leveraging the technology, get what amounts to a significant display upgrade as a result.

Source Forbes - Business http://ift.tt/1RCWfKA

Food Start Up Does Well In The West While Giving To The East.

 

Source Forbes - Business http://ift.tt/1FVTMad

Roberto Cavalli Taps Singer Ciara As The Face Of Upcoming Line

Ciara is joining the ranks of hip hop artist-turned-ad model for Roberto Cavalli's Fall-Winter 2015 line.

Source Forbes - Business http://ift.tt/1FVSVXc

How To Become A Renewable Energy Entrepreneur

The recent trend towards greener, more sustainable technology is creating many opportunities for entrepreneurial-minded individuals.








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