Welcome to PYMNTS.com’s 2013 CEO Series: a quick and concise glimpse into the minds of the leaders of the payments industry and how they view innovation, change and growth. We’ll ask each top exec the same six questions about the payments industry to gauge who...
What can mobile devices do to improve the top line at QSRs? Plenty. From shortening wait times to powering new lines of business to serving as back up technology, mobile devices – and the enabling platforms that power them – are opening a new world of options...
The number of mobile point of sale terminals worldwide jumped from 4.5 million to 9.5 million between 2011 and 2012. Analysts predict that over the next five years, mPOS terminals will continue to proliferate, reaching 38 million by 2017. Those findings come from PYMNTS’ June...
Net Element, the Florida-headquartered mobile commerce and payment processing player, announced that Aptito, its cloud-based point of sale (POS) system for restaurants, has integrated with merchant solutions specialist TSYS, The Paypers Reported on August 5. Aptito helps merchants managed their social media profiles, daily deals...
Like a manned Mars mission, it’s easy to believe total consumer mobile wallet adoption is an inevitable, if predictable, conclusion to current trends. But, despite how captivating both ideas can be, it seems increasingly unlikely that we’ll see the fruition of either in our lifetimes....
Payment strategy and technology provider Vantiv announced revenue of $297 million for the second quarter of 2013, StreetInsider reported on July 25. This figure came in below the $299.14 million in revenue analysts expected. However, Vantiv posted earnings per share of $0.40 for the quarter,...
Welcome to PYMNTS.com’s Midyear Review: a look into what the leaders of the payments industry have seen and accomplished this calendar year, and how they see trends playing out for the rest of 2013. We ask a top executive from each payments player the same...
TSYS, the Georgia-based payment processor, has revealed that its year-over-year revenue increased 3.4 percent from 2012 to $478.4 million. The results were issued in its second-quarter earnings report published on July 23. The company reported basic earnings per share of $0.31, earnings before income tax...
Discover Financial Services released its second-quarter earnings report on July 23, announcing a 15 percent rise in quarterly profit, according to an SEC filing. The company earned $602 million over the three-month period, or $1.20 per share. These figures were up from the $525 million...
