Point of Sale

Company Spotlight
Risk Management Patent Assigned to MasterCard International
April 25, 2014

A patent originally filed in October 2010 was assigned to MasterCard International, Purchase, NY, according to Insurance News Net. The patent was developed by a team of five members, and offers “methods for risk management” in mobile devices like smart phones that can be used...

News
ShopKeep’s Point of Sale Software Raises $25M
April 25, 2014

The software vendor manages point of sale transactions for over 10,000 stores.

Hmmm
Square’s Many Suitors: The People Have Spoken
April 24, 2014

So two weeks ago we ask you, the readers, what Square should do, given that many of Silicon Valley’s biggest players are reportedly pursing the payments processor and POS start-up. The answers were surprising.  While almost no one who answered our call for answers thought...

B2B Payments
Worldpay Launches e-Commerce Module With Hybris
April 24, 2014

Worldpay, a global payment processing provider announced the launch of an e-commerce integration module with hybris, a SAP company  to give customers access to Worldpay’s end-to-end services including payment processing, alternative payments, fraud and acquiring services, through the hybris platform. This will provide  hybris customers...

Controversial
800 Million iTunes Accounts … And Then What?
April 24, 2014

Payments news junkies were totally bummed by Apple’s first quarter earnings calls since not a peep was uttered about that topic. But, there was some light hinting about new products yet to come. And, maybe the biggest news of all is that the number of...

Merchant Innovation
Apple’s New Retail Chief To Start Next Week
April 24, 2014

Nearly seventh months after announcing her hire, Angela Ahrendts will start has Apple’s new head of retail next week, according to information released in the company’s earnings call yesterday afternoon. Ahrendts comes to Apple from Burberry where she served as CEO and is widely credited with...

Cool
What Can $698M Do To Innovate African Entrepreneurship?
April 24, 2014

The Carlyle Group is the first global private equity firm to close a fund that is focused entirely on building the middle class in Sub-Saharan Africa. It was inspired by the opportunity to completely transform the financial and economic opportunities in that region and obviously...

Company Spotlight
The Mobile Commerce Roadmap: MasterCard Takes Initiative
April 24, 2014

In this exclusive series, MasterCard’s Chief Emerging Payments Officer Ed McLaughlin has spoken with MPD CEO Karen Webster about the general state of mobile commerce, its game changers, and the technology behind mobile security. In the final part of the digital discussion, McLaughlin reveals exciting...

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,...