Globe and Mail | 0Tiger may have done things differently Golf Channel ... pro that if he knew it would be this hard to play well and balance » |
Friday, August 27, 2010
0Tiger may have done things differently - Golf Channel
Wednesday, August 25, 2010
Pegasystems Again Recognized as a Leader for Business Process Management by ... - MarketWatch (press release)
Pegasystems Again Recognized as a Leader for Business Process Management by ... MarketWatch (press release) CAMBRIDGE, MA, Aug 24, 2010 (MARKETWIRE via COMTEX) -- Pegasystems Inc. (NASDAQ:PEGA) , the leader in business process management (BPM) and a leading ... |
Monday, August 23, 2010
Credit card processing company grows business by evolving strategy - Denver Business Journal:
Henry Helgeson and Scott Zdanis established the companyy in 1998 as a reseller of credigt card processing terminals over the To a smaller extent the company provided processinbg of creditcard transactions. But as margim compression made equipment sales less the partners responded by ramping upprocessing services. its processing services constitutse 90 percent of its totalgross revenue, while equipmen t and software sales are 10 percent. Business has been so brisk it signedup 2,300 new customers in Apri l alone — that the company is planning to increaser its sales force by 30 percent or 40 percengt within the next 60 days.
“We basically are gettinyg more businesses trying to signup (for our services) than we have the capacithy for, and we’re trying to staff up for that as quicklh as possible,” says Helgeson, 34, who serves as presiden t and co-CEO. Co-founder Zdanis has since moved to Miami and plays a less active role inthe company. Merchan Warehouse acts as a third-party processor, facilitatingt payment transactions between merchants and credifcard issuers, essentially by getting mone y off of the consumer’s credit card and into the business’ds bank account.
Its residual-based business model makesw money by charging for that service on each Sinceits inception, the 150-employee company estimates serving a cumulative totaol of more than 87,000 customers nationwide primarily small and medium-size businesses; about 56,000 are active accountxs right now, with most of the attrition due to companiesa going out of business, Helgeson notes. Merchant Warehouse is processing morethan 3.5 millionh payment transactions per month. After hitting $27.43 million in revenue in 2008, the company is shootinbg for $32 million to $34 million this year. Helgesomn says Merchant Warehouse has also benefited by becoming more ofa technology-drivenn company.
“When we started to hire our own softwarw developers and build our own as far as computer systems and technology to run this that really put us intoa hyper-growth mode,” he Five years ago, the company hired its first softwarer developer. It subsequently built its own sophisticatedd customer relationship managementsystem in-housed that has enabled the companu to better measure the performance of its accounts and And 18 months ago, it completed the developmentt of the necessary infrastructure to begin processing some transactions througuh its own electronic gatewat here in Boston.
It continues to utilize thre large outside firms to assisg in processing the bulk of the The company also works with a pool of abou t100 point-of-sale system resellers, who often refer business to Merchant Warehouse. The company has also used technology to innovate its services in an industry where Helgesobn says the competitionis fierce. “Our industryh has been pretty much vanilla credit anddebit processing,” Helgeson says. “We had to look at it and say, ‘Whaf can we do here to differentiate ourselves?’ For instance, it offers wirelesa credit card processing services to iPhone and BlackBerrg users who have installed its software applicationw ontheir PDAs.
Those mobile merchantse now represent 10 percent to 15 percentr ofthe company’s new It has also partnered with anothert company, , to develop a card reader that encrypts the credit card numbed as it is being swiped to help prevent security breaches. “They’rse a very impressive group,” says Steve vice president of , an Atlanta-based firm that Merchant Warehousr has engaged for some of its processinyg services formany years.
He attributes the firm’zs growth to “some very shrewd investments in technolog and being ahead of the curvde in terms of technology and how to use it to drivwetraffic (to their business), and training theidr sales reps to capitalize on that
Saturday, August 21, 2010
Iran hopes Russia's next step be delivery of S-300 missiles system: MP - Xinhua
The Hindu | Iran hopes Russia's next step be delivery of S-300 missiles system: MP Xinhua BUSHEHR, Iran, Aug. 21 (Xinhua) -- Iranian lawmaker Alaeddin Boroujerdi hailed Russia's move on Bushehr nuclear plant fuelling and expressed hope Russia's next step would be the delivery of S-300 missile system to Iran, the semi-official ISNA news ... Iran starts to fuel up first nuclear power plant Iran begins fueling first civilian nuclear power reactor Israel says Iranian reactor use 'tot » |
Thursday, August 19, 2010
Plane Grounded at San Francisco Airport After Phone Threat - FOXNews
Sydney Morning Herald | Plane Grounded at San Francisco Airport After Phone Threat FOXNews Aug. 19: American Airlines flight was grounded Thursday after an » |
Tuesday, August 17, 2010
Rod Blagojevich verdict: Guilty on one count of lying to the FBI - Los Angeles Times
Globe and Mail | Rod Blagojevich verdict: Guilty on one count of lying to the FBI Los Angeles Times After deliberating for two weeks, a federal jury today convicted Rod Blagojevich of only one of the 24 counts against him -- lying to the FBI -- and announced it was deadlocked on the other 23 counts. ... Rod Blagojevich Verdict: Jury Finds Ex-Illinois Governor Guilty on 1 Count Blago guilty on just 1 count as Feds vow retrial Blagojevich Found Guilty in Chicago Corruption Trial |
Sunday, August 15, 2010
Accused 'Craigslist Killer' Philip Markoff commits suicide in Boston jail - Boston Globe
Telegraph.co.uk | Accused 'Craigslist Killer' Philip Markoff commits suicide in Boston jail Boston Globe Accused âCraigslist Killerâ Philip Markoff was found dead at Nashua Street Jail yesterday morning, a plastic bag tied over his head, in an apparent suicide, a law enforcement official briefed on the investigation said today. ... Craigslist killing suspect dead in Mass. suicide Boston's âCraigslist Killerâ Commits Suicide Craigslist killing suspect Phillip Markoff commits suicide in jail |