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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

Volume 59
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Visa: Why Target’s Tap-And-Pay Leap Will Ignite Contactless Cards

PYMNTS

The headlines have mainly focused on the “Pays,” which have struggled to gain any significant contactless traction at the physical point of sale (POS). Eighty-four percent of those consumers who said they’d be interested in using a contactless payment experience would like to do so at large merchants and grocery stores.

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How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud

PYMNTS

They seek to test every new payment type (across small and large merchants), as well as pinpoint weaknesses in firms’ fraud detection and mitigation programs. Lerdal pointed to P2P payments and eCommerce as key areas of attack. “In In the old days, it was ATMs and the point of sale [POS],” he said.

ATM 67
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Bypass CEO: Dining’s Big Digital Disruption

PYMNTS

The problem is that, until very recently, the legacy point-of-sale (POS) systems, which dominated the industry with things like on-site servers, made it incredibly difficult for restaurants to integrate with third-party apps that make those experiences — and data gathering — possible and run efficiently. “For