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First Data Sees Clover Volumes Up 50 Pct Year Over Year

PYMNTS

Payments processor First Data posted results that topped expectations, buoyed by continued traction in its Global Business Services (GBS) segment, and with continued double-digit growth for Clover, its point-of-sale (POS) business. billion, as compared to consensus of $2.4 Regional Strength.

Volume 59
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iZettle CEO: Why PayPal’s Fast-Tracking Innovation To Future-Proof SMBs

PYMNTS

That means targeting both merchants and consumers, often with solutions that overlap other user bases and point-of-sale (POS) systems. A focus on omnichannel solutions is similarly vital to promote business continuity and consumer shopping regardless of the platform they’re on.

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Core Banking Essentials: Types, Components & Advantages

M2P Fintech

Banks can create multiple touchpoints like mobile apps, online banking, Point of Sale (POS), physical branches, and Automatic Teller Machine (ATMs) for customers to transact. Cloud providers’ robust security and redundancy resources reduce interruptions, ensuring business continuity for banks with modernized core systems.

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Don’t Write Off The Paper Check Just Yet

PYMNTS

It’s true that checks have faded out in many respects, like in business-to-consumer and consumer-to-business transactions at the point of sale (POS), with direct deposit payroll and the like. Separate data from the Association for Financial Professionals (AFP) found use of the paper check increased in 2016.

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Understanding No Fee Credit Card Processing: What Every Business Owner Should Know

EBizCharge

Some may feel they’re overpaying , which could impact customer loyalty and damage a business’s reputation. Competitive disadvantage: If competing businesses continue to absorb credit card fees, it may put the use of no fee credit card processing at a disadvantage pricewise.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Contact center software developer Bright Pattern is offering “special virtual call center capability” as a business-continuity service for companies seeking to maintain support operations during the pandemic. For example, grocery chain Publix announced that it is now accepting Apple Pay and other contactless payment methods.

Posting 101