The Swipe Hype

"It seems pretty easy, at the end of the day it all boils down to trust. The cardholder and the merchant have to trust that Visa will be able to switch their transaction. And that is for all points, everywhere in the world. The network is capable of handling 65 thousand transaction messages a second. … Continue reading The Swipe Hype

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Oil Spoil

"Two of the big oil companies reported numbers on Friday. The lower oil price has been telling with Exxon Mobil's revenue dropping 33.4% YoY and their EPS dropping 51%! Chevron's revenue dropped to $40 billion from $57 billion the same time last year but their EPS was down a staggering 89.9%!" To market to market … Continue reading Oil Spoil