Life was famously compared to a box of chocolates 21 years ago on the grounds that one “never knows what they’re gonna get.” Which, as it turns out, is almost a perfectly good metaphor for the payments and commerce ecosystem, though perhaps with a minor caveat. ...
While retail executives are mostly background players, this week they’ve been oddly front and center. And two execs, in particular, made the rounds on social media and 24-hour cable news. Both probably wish they hadn’t. Taco Bell Corporate Manager Benjamin Golden started the week off...
Ready. Set. Shop. That is the major takeaway from the roundup of retail headlines now that the spooky (Halloween) season is officially over. Where consumers are going to shop, how they are going to shop and, most importantly, how much they’re going to spend is...
iPad point-of-sale provider Revel Systems announced the launch of its iOS and Android application solution late last week (Oct. 23). Introducing the eCommerce mobile application solution will position Revel Systems to expand the functionality currently available in its POS platform. With the addition of the...
There’s a perfect storm brewing in payments – one that’s intensifying because of the shift to EMV. And one that could accelerate the adoption of mobile payments. But not the way that you think, says MPD CEO Karen Webster. The impressive results that merchants are...
Former head of Google Wallet and longtime PayPal senior executive Osama Bedier is ready to bring the “world’s first smart terminal” to the mPOS landscape. These days, Bedier holds the title of founder and CEO of Poynt, the maker of a new payment point of...
Square has been replaced at Starbucks. Going forward, JPMorgan Chase (JPMC) will do the payments processing for America’s favorite coffee hub through its Chase Commerce Solutions division. That will include all non-mobile payments and also entail the upgrade of all of Starbuck’s POS terminals to...
There are a variety of visions for what the bank of the future should be — a coffee shop, a digital destination accessible mainly from a smartphone — but for the good folks over at Number26, the bank of the future basically isn’t a bank...
Marty McFly, from the legendary 1985 movie “Back to the Future,” clearly missed the future of the point of sale. The day after the mythical day that McFly traveled “back to the future” – Oct. 21, 2015 – Verifone launched what it describes as the future...