by Marc Cohen | Sep 23, 2014 | Business, Business News, News
Ever wonder what the cost of fraud might be? According to the survey conducted by LexisNexis Risk Solutions, the cost per $100.00 of a fraudulent transaction rose to $308.00 in 2014. Meaning if you had $1,000.00 in fraudulent transactions, the cost of resolving would...
by Data Age | Sep 23, 2014 | Business, Business News, Industry, News
Many banks are finding that growing their market share is becoming more and more challenging. The the share of “bankable” seems to be saturated with services. Many of these banks are now looking at unbanked, meaning they have no bank account, and...
by Data Age | Sep 22, 2014 | Business, Gold & Jewelry, News, Precious Metals
Gold prices have been at a three month low and continue a decline. The Fed last week didn’t help when Janet Yellen indicated they could raise interest rates higher and faster than the current economic data suggests. Bullion prices fall after Fed takes hawkish...
by Data Age | Sep 22, 2014 | Business, Industry, Marketing, News
The Corporation for Enterprise Development released data this week that shows 15% of US households (in US cities where the population is greater than 200,000) don’t have a checking or savings account. It also shows that many households are under-banked meaning...
by Data Age | Sep 22, 2014 | Business, Business News, Competitive Advantage, Marketing, News, Retail
It looks like higher end stores will see an increase in their average holiday sales but not so much with the bargain stores. Worthington-based Prosper Insights & Analytics have been looking digging into their data and their main finding is this: above average...
by Data Age | Sep 18, 2014 | Business, Industry, Laws, News
I’ve made a few posts this week about the reputation of pawn shops and how it seems to be improving. Today I have a few articles for you about how no matter strictly a pawn shop follows the law, sometimes the public perception is that the pawn shop is part of...
