Articles on News

09.22.11

Truaxis and GuardTime Win the 2011 Innotribe Start-up Challenge!

Alex Gutow

It has been an exciting day here at the Truaxis (formerly BillShrink) office! We attended the Sibos Conference in Toronto as one of ten finalists for the 2011 Innotribe Start-Up Challenge and got to present our StatementRewards platform to an audience of entrepreneurs and execs from the financial industry. The audience must have liked us because they selected us as

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08.24.11

New Trend: Online Education

Samantha Eckles

With college education set to rise at a rate of 7% annually, the cost of a college degree will be double what it is today in just a decade. This means that public schools may cost over $40,000 a year, matching their private counterparts today. With the exorbitant costs, many families cannot afford traditional college programs and have started considering

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08.15.11

US Productivity: Do We Deserve Higher Wages?

Samantha Eckles

One of the most common complaints about work revolves around the paycheck. Almost everyone believes they deserve more, but do they really? In general, the United States pays workers high wages because of cost of living and productivity. However, there may be some evidence of a downturn in productivity. So, are US workers justified in wanting higher wages or is

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05.04.11

America’s Wealthy Ready to Return to Spending

Alex Gutow

Like the rest of us, America’s wealthiest families cut back on spending during the recent recession. However, it looks as though that trend has passed. The American Express Publishing and Harrison Group survey polled families with a discretionary income of more than $100,000 and found that spending on luxuries is set to rise 8% compared to 2010. This would represent

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04.13.11

Visa to Offer Direct Transfers to Credit Card Accounts

Samantha Eckles

Ten years ago, when PayPal first entered the payment scene, online shopping wasn’t very popular and few even considered the idea of transferring funds to one another without the use of a checkbook. Fast forward to 2009 where 44% of U.S. consumers made at least one online person-to-person (P2P). Looking forward, analyst firm Javelin Strategy & Research predicts that more

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04.08.11

The Tsunami That Reached Every Shore

Samantha Eckles

Two earthquakes and one killer tsunami later, a nation filled with pride and innovation is suffering more than $300 billion in material damages, to say nothing of the mental state of citizens. Find out how this happened, and what Japan can expect in the near future. If you’re interested in helping Japanese people recover, find out more below the infographic.

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04.06.11

Chase Does A Flip Flop on Debit Card Rewards

Alex Gutow

A few weeks ago, eight million Chase customers received a letter stating their debit rewards would be eliminated in July, two days before the 12 cent cap proposed by the Durbin Amendment would take effect. This letter specifically blamed Durbin for this change and told customers, “As a result of this law, we will be changing our debit rewards program.”

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