Point of Sale

Mobile Commerce
Massachusetts Bill Would Require Added ATM Security Measures
April 24, 2014

A state lawmaker in Massachusetts reportedly has introduced a bill that would require banks to install added security measures at their ATMs, and representatives for both the ATM and banking industries are fighting it.   Reacting to acts of violence occurring near ATMs, the lawmaker,...

Europe
Digital River SMB Solution Expands to U.K.
April 24, 2014

eCommerce service provider Digital River, Inc. announced that it has expanded its SMB Payments solution, which offers “turn-key access to credit card processing capabilities,” to the U.K., according to a company release. The solution accepts Visa, MasterCard, and Maestro card payments in Euros and Pound...

Loyalty & Rewards
LoyaltyLion Enables Small Commerce Sites to Run Loyalty Programs
April 24, 2014

LoyaltyLion, a startup attempting to level the playing field for smaller e-retailers, has closed $370 K in new funding.   Julian Carter’s EC1 Capital reportedly led the round with participation from PAYBACK’s Jan Boluminski, QXL’s Tim Jackson, and Paul Burmester.   “Dubbed a “social loyalty”...

Merchant Innovation
Beacondo Plans to Simplify iBeacon Integration for Mobile Apps
April 24, 2014

Beacondo is free for anyone to use and will provide a simpler way to create iBeacon-supported apps.

News
Retailers Continue to Spend Billions on Data Security
April 24, 2014

The National Retail Federation testified before a field hearing of the House Homeland Security Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies.

Controversial
New Stats: eCommerce As A Share Of U.S. Retail Sales
April 23, 2014

Two recent reports from eMarketer shed new light on trends in U.S. overall retail sales and how eCommerce will affect overall volume through 2018. Will consumers continue to shun the malls for shopping online with mobile devices?

Company Spotlight
Low Savings and Cash Flow Threaten US Microbusinesses, Study Says
April 23, 2014

A new Corporation for Enterprise Development (CFED) study, supported by MasterCard Center for Inclusive Growth, indicates that more than half of US microbusinesses, “the backbone of our national economy,” are at risk due little savings and issues with cash flow, according to a CFED release.

Media Center
Taking the Pain Out of Merchant Onboarding
April 23, 2014

Ask any merchant how much they liked their onboarding process. It's generally pretty cumbersome - but for a reason. Assessing the risk of a new merchant is nothing to be taken lightly. But Recombo has completely innovated that process, making it less costly, quicker, and...

B2B Payments
Shell Canada And EFS Launch Canadian Fleet Card Program
April 23, 2014

Canada’s fleet card market continues to grow, as Shell Canada and Electronic Funds Source this week launched the Shell Fleet Navigator commercial card. The MasterCard-branded card joins a growing list of fleet card products available throughout Canada, including from competing oil companies and payments networks.