Point of Sale

Merchant Innovation
Fair Weather Consumer Spending?
May 09, 2014

Now that we’ve braved the winter and Spring has sprung, many consumers are back in the spending mood. In a recent interview, PYMNTS spoke with Master Card SVP Sarah Quinlan, aka The “Duchess of Doom,” to understand what’s driving retail spending trends. As it turns...

B2B Payments
2014 Euromoney FX Survey Results Released
May 09, 2014

The results of the annual Euromoney foreign exchange survey, which was first launched in 1976 have been released. The survey continues to be the key benchmark for the global FX industry and provides transparency and insight into the industry’s leading players. To learn about the...

Mobile Commerce
CFPB Proposes Rule Making Privacy Disclosures More Effective
May 08, 2014

The Consumer Financial Protection Bureau (CFPB) this week proposed a new rule that would make privacy disclosures for financial institutions more effective, and less expensive and tedious. No longer would card issuers, for example, need to mail out disclosures annually to each cardholder. Instead, they...

Mobile Commerce
Google Shoots To Make Shopping Easier
May 08, 2014

Google’s mWallet, the company’s long evolving payments platform, has just gotten a little bit more user friendly. The app used to make it complicated for more than one user to access their mobile accounts from a device other than their own.  That difficulty is now...

Mobile Commerce
Shell Oil Chooses To Integrate NCR’s Radiant POS Solutions
May 08, 2014

Shell Oil Co. announced May 7 that it selected NCR Corp.’s Radiant Point of Sale (RPOS) petroleum and convenience solutions as a new option for Shell Branded Wholesalers. Consumers have numerous options when it comes to fueling and convenience, and NCR is excited to work...

Company Spotlight
Can ‘Dirty Cash’ Move Us To A Cashless Society?
May 08, 2014

Catchy commercials might ask you “What’s in your wallet?” but do you really know the answer? Tens of thousands of germs and bacteria could be crawling around on your beloved bills, which MasterCard research says is actually enough to potentially move consumers more quickly to...

News
U.S. Judge: DOJ Merchant Antitrust Case Against Amex May Proceed
May 07, 2014

This story was updated at 9:40 EDT on May 8. A federal judge on May 7, ruled that an antitrust lawsuit brought by the Justice Department and several states challenging merchant rules imposed by American Express Co. may proceed to trial. Filed in 2010, the...

International
New CEO Seeks Client Stickiness From Shift In Global Cash Access’ Sales Strategy
May 07, 2014

Instead of concentrating sales on individual products, Global Cash Access has begun bundling its products aided by a kiosk under a strategy change for the gaming cash-access specialist implemented by new CEO Ram Chary. Chary replaced David Lopez as the company’s leader in January and...

Hmmm
Has Consumer Spend Hit Another Wall?
May 07, 2014

Gallup’s new research threw a bit of a wet blanket on prior reports that consumers were feeling all warm and fuzzy about their economic prospects and warming up for a pre-summer spending spree. Adding insult to injury, it turns out that mobile is doing a...