Todd Doherty, vice president of consumer lending operations at RBS Citizens, had a problem on his hands: His project management team and his operations team were functioning in silos, costs were overrunning, delivery times were delayed and deadlines were missed. Combined, these problems were bad,...
21 November 2013 Payments, savings, borrowing, insurance, these services form the backbone of our daily activities, allowing buyers and sellers to generate income, save for large purchases and guard against potential risks to these plans. Yet, for nearly 3 billion global consumers across the globe,...
It’s a sobering reality: Despite all the advances that eliminate friction in commerce, banks still struggle to serve poor and often remote populations. Barriers exist due to the limitations of existing electronic payments networks, a lack of awareness, and perhaps most importantly, a gap in...
Litle & Co., a subsidiary of payment processing services provider Vantiv, has announced the launch of a new solution called Recurring Engine, according to a November 6 press release. Recurring Engine allows card-not-present (CNP) merchants to simplify the steps needed to process subscriptions and recurring...
To commemorate the one-year anniversary of our MPOS Tracker, a monthly report designed to organize the mPOS ecosystem and sponsored by ROAM, we’ve released a new infographic that illustrates how the mPOS sector has exploded from its inception in 2012 to today. In just over...
On the 12th anniversary of their partnership, MasterCard and CSI are breaking news about how they will help banks and corporate users realize the benefits of virtual cards to manage their accounts payables. Here are a few of the specifics as told by the two...
There are plenty of ways merchants can justify taking a wait-and-see omnicommerce strategy. They can cite the high cost of investment, the lack of demand from customers or concerns consumers have expressed regarding mobile payments. But, merchants who ignore mobile are neglecting something more important:...
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...
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....
