On the Web:
- American Express to Start Multi-Business Loyalty Program - New York Times - "Plenti members will have a single Plenti card — or a digital version that resides on their smartphone. They can also enter their telephone number on the PIN pad at the time of purchase."
- You Can Now Send Money on Facebook. What’s in It for Them? - Wired - "Facebook’s new payments tool, you see, encourages all those millions of Facebookers to store their debit card info on the company’s machines."
- Stepping in Where Commercial Banks Won’t -- Merchant Cash and Capital Originates $1 Billion for America’s Small Businesses - “After the financial crisis began in 2008, commercial banks stopped lending to small businesses. Even solid credit risks such as successful restaurants, doctors and franchisees have been shut out from accessing growth capital. A decade ago, MCC was founded on the principle that America’s small businesses should be able to access funding of any size to support business growth."
- Banks still trying, failing to deflect fraud onto Apple Pay - iMore - "This very much feels like banks throwing Apple under the bus — or into the headlines — because they didn't take action to prevent fraud and now want to shift blame."
On the Wires:
- Openbay, Online Marketplace for Auto Repair, Now Supports Apple Pay - “Openbay remains the only nationwide mobile and web app for consumers to search for, compare mechanics, book an appointment and pay for auto repair,” said Rob Infantino, founder and CEO. “With Apple Pay, we continue to innovate and maintain a first-mover advantage for vehicle repair. The perceived nuisance of getting one’s car or truck serviced is becoming virtually frictionless.”
- PAR Expands Mobile Point of Sale (POS) Solutions for Restaurant and Retail - “The addition of the PAR Tablet 5 and PAR Tablet POS underscores and reinforces our commitment to bring the best POS solutions to market for our customers,” said Karen E. Sammon, President of ParTech, Inc. “Mobile POS is one of the fastest growing trends in the restaurant and retail space and today’s announcement will help our customers provide better guest experiences in the course of their business.”
Glenbrook's 2015 Payments Education Update!
- Our payments education schedule for 2015 is now available. Our next spring Payments Boot Camp session is scheduled for New York City on April 14-15. We're also holding a one-day Insight Workshop on April 16 following the New York Boot Camp on the topic of Faster Payments.
- If you have questions about our payments education program, please contact Carol Coye Benson for more information.
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Updates from Glenbrook:
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