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By shedding retail, Renyi would be taking a step that two other so-called processing banks have made in recent years to concentrate their businesses on securities servicing and asset management.
FORBES: Ready, Set, Sell
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Because eBay handles its own payment processing through subsidiary PayPal, the company can track each step of a sale.
FORBES: Magazine Article
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After seeing the collection of the nuts in Janga Town the day before, we were now getting to witness the processing of the nuts into butter, the next critical step in global shea nut supply chain.
FORBES: Smart Phones and Mobile Devices Create Smooth Transactions in Rugged Terrain
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Sun's announcement marks the information technology industry's latest step toward "utility computing, " a grid system in which companies pipe in data processing and storage from faraway server farms, says Nicholas Carr, author of The Big Switch, a book on utility computing published earlier this week.
FORBES: Sun Plans To Close Its Data Centers