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Nov 18, 2009, 7:00am

Innovations at the POS: What's Next with mFoundry

mFoundry's SVP of Wallet & Payments Jon Squire discusses how his company is driving innovation at the POS with projects like the one just launched with Starbucks where the coffee giant became the first company to launch an iPhone app exclusively for a payments card.

mFoundry's new innovation for retail mobilizes existing gift card programs and loyalty programs. With the platform, their resell partners can empower their customers to check their card balance and transaction history, reload their card remotely, and use their solution's 2D barcode technology to pay for purchases at the retailer's point of sale.

Bio for Jon Squire

Jon has over 15 years of business development and financial services experience. He has brokered hundreds of partnerships and run lines of business for companies such as E*TRADE, mPower (Morningstar), and Bankers Trust. Most recently, Jon was a consultant for a top 3 U.S. bank helping drive their strategy and business development within the mobile payments and wireless initiatives space. As such, he has worked extensively in mobile technologies, including NFC. As SVP of Wallet & Payments, Jon directs partnerships that enhance mFoundry's mobile wallet and payments offerings in the U.S. and internationally. Jon plays a key role in continuing mFoundry's leadership in mobile financial services.

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  • Can't wait until this is in Boston. Wonder which merchant will be next...

    Posted by Robert A., 28/11/2009 5:07pm (9 months ago)

  • Tried this in Seattle at the POS, very cool. Look forward to seeing this evolve.

    Posted by Lauren P., 19/11/2009 4:34am (10 months ago)

  • Would tend to agree, the retailer knows their customer base best and can deploy whatever POS that helps them interact with the mobile market.

    Posted by Mike O'Connor, 18/11/2009 6:54pm (10 months ago)

  • Would tend to agree, the retailer knows their customer base best and can deploy whatever POS that helps them interact best with the mobile market.

    Posted by Mike O'Connor, 18/11/2009 6:53pm (10 months ago)

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What I’m working on now... PIN Debit - Domestic and International gateway aggregation

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