Insights
Mobile Tipping App
Maria Luna and Hector Rodriguez invented a payment and tipping app called Bravo and pitched it on the televised entrepreneurship competition, which is judged by a team of successful businesspeople. “Bravo is a seamless payment solution that allows you to find and pay anyone,” said Luna, the co-founder, and CEO. They were seeking a $150,000…
Read More
Checks won’t cut it in the ‘instant pay’ age
Consumer dissatisfaction with paper checks is at an all-time high, expectations for instant money is becoming the default, and the capability for real-time push payments has arrived. A number of recent studies have documented the disfavor of paper checks. Consumers are simply fed up with the wait and frustration of this outdated payment instrument. For years,…
Read More
Equifax Says Cyberattack May Have Hit 143 Million Customers
Equifax Cyberattack Equifax said its systems were struck by a cyberattack that may have affected about 143 million U.S. customers of the credit reporting agency, shedding light on one of the largest and most intrusive breaches in history. Intruders accessed names, Social Security numbers, birth dates, addresses and driver’s license numbers, Equifax said in a…
Read More
What are Integrated Payment Solutions and Why Should You Care?
Integrated payment solutions are tools that your business can use to integrate accounting, customer relationship management (CRM) and other business applications with payments processing. By integrating payments processing with business applications, you can save time and money, reduce errors and get a better view of your business. Learn More Here.
Read More
What Millenials Want
Millenials seem to be voting with their wallets for the convenience provided by these subscription services. Not having to worry if you have milk in the fridge, or enough toilet paper is well the extra few dollars that it might cost. The other factor that vendors should not take lightly, is that subscription customers tend…
Read More
Holiday Spending May Feature More Debit And Cash. Mobile Payments? Not So Much
The annual holiday-spending frenzy is about to kick off, and if a consumer survey released on Monday is any indication, it will feature a lot more debit card and cash usage and a lot less mobile payment than you might have expected. Some 39% of consumers intend to use cash most often this holiday season, while 31% indicated debit…
Read More
Square IPO Spotlights Changing Payment Processing Landscape
Overview Square Inc., a payments processing company led by Twitter CEO Jack Dorsey, went public yesterday. Despite the company’s weak financials dominating headline coverage over the past few days, technology-focused firms such as Square continue to grow in market share within the Credit Card Processing and Money Transferring industry. Despite traditional major players such as Visa,…
Read More