Breaking Industry News
Breaking News articles for August 2020
MPC20 Virtual draws record attendance
Friday, August 28, 2020
The tenth annual Mobile Payments Conference drew 1,858 registrants, nearly 1,200 of whom logged in to live sessions held online Aug. 24 to 26, 2020, according to conference organizers. Average per-session attendance was 138. Marla Ellerman, MPC executive director, thanked sponsors, exhibitors, attendees and staff for making the show a success.
Chargeback Gurus pans Square's chargeback protection
Wednesday, August 26, 2020
With chargebacks spiking during the COVID-19 pandemic, payments analysts are questioning the true price of Square Inc.'s free chargeback protection program. While designed to protect small and midsize business (SMB) owners from expensive and time-consuming chargeback management, the program deprives merchants from effectively challenging disputes and inquiries, according to experts at Chargeback Gurus Inc., a Dallas-based chargeback solutions and remediation service provider.
Green Sheet interviews Dr. Jack T. Baldwin, BHMI
Friday, August 21, 2020
Dr. Jack T. Baldwin is chairman and CEO at BHMI, a software solutions provider specializing in back-office payment processing solutions and creator of the Concourse Financial Software Suite. In this recent interview with The Green Sheet, presented in Q&A format, he shares insights on The Federal Reserve's FedNow initiative in progress.
Payments shine on Inc. 5000 despite pandemic
Tuesday, August 18, 2020
Inc. Media's 2020 portfolio of 5,000 high ranking U.S. businesses includes numerous payments and financial service companies, business analysts have noted. To make the cut, the privately held companies must have been established and earning revenue by March 31, 2016, reaching at least $2 million in annual revenue in 2019. Inc. representatives noted that this global recognition can help honorees drive brand awareness and attract talent.
Fraud spikes amid COVID-19 surge
Friday, August 14, 2020
The escalating coronavirus pandemic is giving new hope to cybercriminals everywhere, according to new studies by ACI Worldwide and OneSpan. Payments analysts noted that ecommerce has grown exponentially as physical businesses around the world remain shuttered; they also acknowledged current conditions have been a breeding ground for criminal activity.
Green Sheet interviews Jennifer Sherman, NMI
Thursday, August 13, 2020
Jennifer Sherman, senior vice president of product at NMI, recently shared with The Green Sheet her expertise on the nature and use of QR codes. In this interview, she discusses the advantages and disadvantages of QR codes, their growing use during the COVID-19 pandemic, challenges merchants have overcome to bring them online, and more.
SpotOn, Seatninja, legislators aim to save restaurants
Tuesday, August 11, 2020
While additional economic aid will be essential to helping restaurants survive while the COVID19 pandemic wears on, sustained recovery will take more than a cash infusion, according to Zach Hyman, co-founder of SpotOn Transact Inc. Restaurateurs must transform existing business models to remain viable now and in the post-pandemic future, he stated.
MPC2020 waives fees as registration soars
Friday, August 07, 2020
Billed as the future of mobile and digital commerce, the 10th annual Mobile Payments Conference, scheduled for Aug. 24 to 26, 2020, will feature an all-star lineup of subject matter experts, according to Marla Ellerman, executive director of the conference, which has already attracted more than 1,000 attendees.
Government eyes trained on payments
Tuesday, August 04, 2020
The COVID-19 pandemic has inhibited or slowed down many aspects of life these days; however, that doesn't appear to be the case with government agencies charged with monitoring and taking action against companies deemed rogue actors in the payments sphere.
