As payments technologies continue to evolve from year to year, some merchants are left wondering how best to keep pace with changes that might affect their bottom line. Buzz words such as artificial intelligence, blockchain, encryption and tokenization now pepper almost every conversation about the…
For those not familiar with Shoptalk, it’s a trade show focused on the retail market, and one that tends to bring its share of news in the sector along with it. Alipay—the rapidly-growing Chinese mobile payments service—hit the show recently and dropped word our way…
It looks like an Eagles work holiday will come to fruition after all. Last week we told Philadelphians to not bother with work[1] on Monday February 5, and now, it looks like employers are catching on. With the Eagles victory parade on Thursday, more than…
Matthew Donnelly, VP of Solutions and Finance at FreedomPay, discusses the rise of contactless transactions like Apple Pay and Samsung Pay and how his company is streamlining that process. / Cheddar TV To read the original article, click here.
EXCLUSIVE— While PSD2 was the subject of extensive focus for European banks, businesses, tech firms, and fintechs, these institutions may not be ready for another data initiative, the General Data Protection Regulation, set to come into effect this May. In fact, studies show that less than half…
EXCLUSIVE—Facial recognition and other forms of biometric authentication may not have their golden moment in 2018, as the recent iPhone news suggests, but that doesn’t mean identity is less of a problem for business, merchants, and payment providers. “You need to encrypt the data when it…
Infrastructure as a service (IaaS) got its start more than 10 years ago, as service providers made extra computing, storage, and network capacity available to customers on a subscription basis. These remote-technology offerings gave organizations an alternative to provisioning, installing, and maintaining their own IT…
It’s official: Financial technology company FreedomPay is all settled into its new FMC Tower headquarters and the relocation tells two important stories for the company and for Philadelphia. For one, FreedomPay uprooted its Radnor-based office and moved 150 employees to the new University City 25,000…
The story is becoming all too familiar – another retailer announces that it discovered malware on its point-of-sale systems. Clothing retailer Buckle, which operates more than 450 stores in 44 states across the country, joined the ranks of the almost 500 companies that suffered breaches…
What Are Credit Card Processing Services? For a customer, unless their card is declined, paying for goods or services with a credit card isn’t terribly complicated. But the merchant’s end of things is complex, often deliberately confusing, and definitely a chore for new or small…
