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...
George Wallner had nothing left to prove in payments. After his run as the founder and CEO of Hypercom, which became one of the leading POS providers in the world, Wallner was enjoying his retirement. And as the man credited with inventing magnetic stripe transmission...
Since mPOS solutions became a huge hit with U.S. merchants, one industry has proven to be continuously hungry for the mobile technology: quick-service restaurants (QSRs). Adoption started with independent business owners — those who ran food trucks and snack stands — who were drawn to...
This study uses new nationally representative survey data to examine the relationship between state-level alternative financial services (AFS) policies (prohibitions, price caps, disclosures) and consumer use of five AFS products: payday loans, auto title loans, pawn broker loans, refund anticipation loans, and rent-to-own transactions. Looking...
Using IRS data from 2008 and prior years, this report describes characteristics of Refund Anticipation Loans (RAL) and Refund Anticipation Check (RAC) users by demographic factors, Earned Income Tax Credit (EITC) use, income and assets, and geography. The report also includes insights from industry stakeholders...
This report provides background on the “Bank On” model, a recent approach to expand access to safe, affordable financial services and related financial education for unbanked households, through collaborations of financial institutions, financial educators, trusted community organizations, local and state government leaders, and others. The...
Let’s start the first week of summer by turning the discussion of cash as a viable payment method on its head. Here’s the many-multi-trillion dollar question up for grabs: if cash remains alive and kicking as a payment method over the next decade, then how...
The MPOS revolution is changing the way businesses across many verticals operate. But perhaps no merchant base is better suited to benefit from this shift than the quick service restaurant (QSR) industry. Described by Food Service Warehouse as restaurants known for “fast, efficient take-out-ready foods...
