As point-of-sale processing evolves to include enhanced technology, including tablets and sophisticated POS software, many acquirers and independent sales organizations have found themselves being disintermediated by newer market players. A new Payment Apps marketplace tablet vendor Leaf is announcing today provides a means for them...
In her commentary column in the March 24 PYMNTS newsletter, Market Platform Dynamics’ CEO Karen Webster asked whether now is the time to hit the pause button on EMV. She’s not alone in sharing that view, as more payments-industry insiders are wondering whether the push for...
Two-year old software company Index, founded by former Google Wallet engineer Jonathan Wall and product lead Marc Freed-Finnegan, is focused on the physical world of commerce. Payments today work just fine, contends CEO Freed-Finnegan, but what about the other possibilities? At Index, the company works...
Helping merchants find the best, low-cost option when accepting payments from oversees travelers is a core offering behind BlueSnap’s platform. But as CEO Ralph Dangelmaier explained in a recent podcast interview with MPD CEO Karen Webster, combating fraud is equally important.
In January, Feedzai launched in the U.S. a fraud-prevention solution available for omnichannel commerce. Founded by aerospace engineers and data scientists, the company provides a means by which merchants, processors and other organizations may use Big Data to anticipate and detect fraud earlier. In a...
When managing fraud, processors, acquirers and merchants should look at the entire ecosystem of the transaction activity, not just the point-of-sale solution. And once that’s figured out, the key important next step is to have to have a program and appropriate staff in place...
One of the most difficult things marketers come across is trying to gather consumer payments and buying trend data across multiple merchants. A 2-year-old startup called InfoScout uses consumers to provide just that using the cameras on their smartphones. InfoScout uses “fun and engaging”...
Before Aron Schwarzkopf launched Leaf, creator of the purpose-built LeafPresenter point-of-sale tablet, he was obsessed with the concept of the paper receipt. He thought it was wasted potential, and he felt small businesses weren’t able to take advantage of what it could provide them. If...
For years, there have been efforts to do away with the use of paper cash and checks and replace them with more efficient electronic means of transferring value. And over time, one might think we’d get to an entirely electronic system. Not likely, or at...
