Last month, Amazon officially entered the mPOS market with Amazon Local Register, focusing on helping the local retailers get local sales data and, in turn, feed Amazon and use its platform offline. How big of a dent will the e-commerce giant make in space, and...
Meeting the needs of the omnichannel consumer is hard. Yet consumers have very little patience with merchants that can’t meet their needs. A new Vantiv Insight report provides new perspectives about why consumers give merchants a failing grade on their omnichannel report cards and what...
Online commerce has become more sophisticated over the years, with more and more consumers using the channel in new ways to buy and research products and services. And this is bolstering merchants’ need to build omnichannel strategies that include consistent experiences across both online and...
Startups today have found bank loans to help get them get off the ground have all but dried up. So many now turn to other investors, such as venture capitalists and “incubators” to secure their funding. Sales of company stock represent another option to pursue...
In the wake of the launch of Apple Pay, MasterCard announced that it recently held a closed pilot to understand the consumer experience around voice and facial recognition, according to a company blog post by Ajay Bhalla, President, Enterprise Safety and Security at MasterCard.
“Tokenization is a step towards the realization of a payment becoming embedded within a user experience,” says Paul Bridgewater, TSYS Group Executive, Global Product & Innovation. Now that Apple Pay has officially been announced, the pressure is on everyone in the ecosystem to think differently....
News about recent cyber attacks, especially on some of the biggest FIs boasting “rock-solid” security, has been nothing short of unsettling. Revathi Subramanian, Senior Vice President, Data Science at CA Technologies, recently sat down with MPD CEO Karen Webster to talk about why these attacks...
New York City’s two competing systems to pay for cab rides by mobile app have struck a truce, so passengers no longer have to guess which one works in what cab. On Wednesday (Sept. 10), VeriFone, whose Way2ride system worked in about half of NYC’s...
As the POS terminals evolve with the coming of feature-rich new payment devices, small businesses are gravitating toward adopting them, including cloud-based tablet solutions that crowd the marketplace. In a recent podcast interview, MPD CEO Karen Webster caught up with PayAnywhere CEO Marc Gardner to...