Whole Foods announced this week that it will be pairing up with Infor to completely redesign and upgrade its ERP systems — a move that is actually a whole lot bigger than making sure its backend runs better. It’s using its logistics system to better...
While pay cards certainly offer a myriad of advantages over cash, there is one thing that can now be said for good old-fashioned greenbacks that can no longer be said about cards: Cash never forced a plane to land. And in fairness to cards, a pay card...
Mobile point-of-sale technology maker CardFlight has announced $4.2 million in new Series A funding. The round was co-led by an investor group assembled by Dan Henry and MATH Venture Partners. Henry was CEO of NetSpend from 2008 to 2014 and is known as a serial entrepreneur....
Well-known and highly valued payments startup Stripe (last valuation clocked in at $5 billion) has appointed its first-ever CFO. Will Gaybrick will be signing on with Stripe, despite the fact that his background in software engineering makes him something of a surprise for this role. CEO...
Hurricane Joaquin may have weakened substantially as it made its way up the East Coast this weekend, but the torrent of news that was payments and commerce last week was anything but sparing. As always, the Data Dive is ready to refresh you about everything...
The First Data IPO is officially underway, and it’s looking like it might be the year’s largest. The Atlanta-based payments tech firm has unveiled its official plans to offer up 160 million shares at prices between $18-$20 a share. At a $19 median stock price,...
Payments firm Adyen has landed another round of financing, bringing its value up to $2.3 billion. The funds come care of Iconiq Capital, the fund that a prominent collection of Silicon Valley billionaires use to invest their fortunes. The new funding comes in about nine...
What marks an inflection point for an industry? More dollars? Better innovation? Consolidation? Well, mPOS has it all. In the October tracker, we highlight million dollar funding deals, track major company acquisitions and bring the latest scoop on EMV migration. Players to watch out for:...
Today’s the day! The U.S. is officially living in the EMV world… And that technology itself is just the beginning. Philippe Benitez, VP of Marketing at Gemalto North America, speaks with MPD CEO Karen Webster about the myriad implications of the new payment ecosystem paradigm...