Facebook has entered the payments processing industry. The new unit, based in Florida, is yet to staff up but will ultimately have an opportunity to generate revenue from 500 million customer accounts.

Facebook Payments should go well beyond the existing Facebook Credits system. Still, credits (more…)

The trajedy in Japan is already changing the near future for many Americans. The impacts of this crisis are so large and so awful that it seems impossible to imagine that anything positive can come from it.

In spite of that, there is a bright side. No one wants to gain from a tragedy, but many (more…)

Wells Fargo has a method for clearing checks that differs from the system used by Wachovia. For customers with checking accounts at Wachovia, it is worth learning the distinctions.

If you are paying close attention, you may have noticed that a billpay sent through (more…)

The IRS reports that over ninety percent of the returns filed through March 11th generated a refund.

Since the data only runs through the first week in March, it reflects a population bias (more…)