Merchant Innovation

Merchant Innovation
Icahn Advocates For A Partial PayPal Sale
March 20, 2014

After weeks of back-and-forth with eBay Inc.’s board, investor Carl Icahn has changed tactics in his bid to separate PayPal from its retailer parent. In a posting on his website, Icahn advocated for selling a 20 percent share of the payments company to the public,...

Cool
And The Winner Is …Tonight’s 2014 Pymnts Innovator Awards
March 19, 2014

Payments Hall of Fame and the Lifetime Achievements Award winners have been chosen, and tonight at the Innovator Awards presentations we will learn who will be among the winners of a number of prestigious honors at the Innovation Project event in Boston. And a drum...

CEO Series
BlueSnap: Giving Merchants An Edge Up On International Sales
March 19, 2014

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.

Cool
Welcome to Payments 2.0
March 18, 2014

You may find yourself wondering, as you log in this morning, if you have come to the wrong place. Good news! You are in the right place. In fact, you’re better than in the right place; you’re in the best possible space on the Internet...

Controversial
Start-Up Round Up, Who’s Getting Funded
March 18, 2014

Xapo- March 14, $20 Million Xapo, which is launching a combined Bitcoin wallet and fully insured cold storage vault, has landed $20 million in series A funding round. Benchmark led the funding round.  Xapo’s earlier venture was Lemon Wallet, which LifeLock acquired last year for...

Exclusive Series
Inside Chase Merchant Services
March 18, 2014

I had the chance to visit with Mike Passilla recently to get the scoop on the Chase Merchant Services (CMS) Group he leads at Chase and the value it delivers to consumers and merchants. I’ve written before that my view on CMS is that it...

Hmmm
VeriFone’s New Strategy Begins To Take Root
March 17, 2014

VeriFone Systems Inc. experienced mixed fiscal first quarter results, as net revenues were up 2 percent, but the company experienced a $16.2 million loss as it worked on a number of initiatives to improve the company’s operational efficiency.  Revenues for the quarter totaled $436.1 million,...

Cool
Friday Factoids
March 17, 2014

Did you know that 60 percent of employers say recent college graduates are poorly socialized and lacking in basic workplace competencies? That almost a third of Christians are giving up technology for lent? That 700 million Peeps will be purchased between Ash Wednesday and Easter....

CEO Series
Receipts Help Tablet Company Turn A New Leaf
March 17, 2014

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...