Mastercard Top Exec to Lead Global Sustainability + Inclusive Growth

Mastercard has ankled Shamina Singh, president of the Mastercard Center for Inclusive Growth, to assume oversight of the company’s sustainability efforts in addition to her current responsibilities. In this newly created role, Singh will lead the creation and execution of a sustainability strategy, taking into consideration how the company operates in the current social, cultural…

First Data’s Clover Go Reader Among Top Innovative Products of 2016

Among this year biggest payments innovations and product introductions is First Data’s new Clover Go “All-In-One” reader. It is the first fully integrated payment card reader that accepts payments via card swipes, EMV and NFC transactions (including Apple Pay, Android Pay & Samsung Pay) all through a single device.   Beyond its convenient all-in-one functionality,…

Seamless Debit Authentication System Deployed in South Africa

NY-based Boloro, a specialist in multifactor mobile authentication technology on a mobile payment platform, has launched the first in a series of new, global products in South Africa to help eliminate fraud. Boloro’s Debit Authentication System puts security in the hands of each user, because only the user has its mobile handset and only the…

Branded Mobile Payments Apps Will Enter the Stratosphere in 2017

Hundreds of new payments apps will flood the market by 2018. The flurry of apps is expected to confuse the consumer struggling to find a convenient mobile payment solution for purchases online, in-app, and in-store. Javelin Strategy indicates mobile proximity payments will reach $92 billion by 2019. As a result merchants and card issuers are…

PayPoint One EPoS Platform Selects Datalogic’s Heron Bar Code Scanner

PayPoint has chosen Datalogic’s Heron bar code scanner for its PayPoint One EPoS platform. The platform, launched at the end of September, was developed in conjunction with Datalogic Platinum Partner Box Technologies, to provide retailers with a simple and cost effective solution for processing transactions. Additionally, it offers a modern approach to accessing reports and…

Real Consumer Transaction Analysis Confirms Holiday Spending Up 9% YOY

The best consumer spending analysis, based on actual consumer transactions rather than surveys or speculation, for Thanksgiving, Black Friday and Cyber Monday shows overall spending growth was up 9.0% year-over-year (YOY), compared to 9.4% in 2015 and 3.5% in 2014. The First Data SpendTrend also showed the total share of eCommerce spending has gone up…