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...
LoopPay, founded in 2013, is a provider of a mobile wallet solution that currently works for most existing retail locations. LoopPay Chief Technologist George Wallner sat down with MPD CEO Karen Webster to explain why he believes Loop is not only a technology breakthrough but...
In January, Feedzai launched in the U.S. a fraud-prevention solution available for omnichannel commerce. Founded by aerospace engineers and data scientists, the company provides a means by which merchants, processors and other organizations may use Big Data to anticipate and detect fraud earlier. In a...
Cybersecurity and debit represent the two major common themes as it relates to recent regulatory attention globally, a top official at Visa noted in a recent analyst discussion. During the discussion with Morgan Stanley analysts, Byron Pollitt, Visa’s chief financial officer, said the company is...
Bitcoin Tracker | Week 15 What’s the difference between pork bellies and bitcoins? Nothing, says Goldman Sachs. They pooh-pooh the notion of bitcoin as currency and instead classify it as a speculative asset that rises and falls based on the madness of the crowd. The...
When managing fraud, processors, acquirers and merchants should look at the entire ecosystem of the transaction activity, not just the point-of-sale solution. And once that’s figured out, the key important next step is to have to have a program and appropriate staff in place...
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....
One of the most difficult things marketers come across is trying to gather consumer payments and buying trend data across multiple merchants. A 2-year-old startup called InfoScout uses consumers to provide just that using the cameras on their smartphones. InfoScout uses “fun and engaging”...
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...
