Wells Fargo Draws a Record Fine from the CFPB and Cans Thousands

Wells Fargo Draws a Record Fine from the CFPB and Cans Thousands

Wells Fargo Bank reached agreements with the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, and the Office of the Los Angeles City Attorney, regarding allegations some of its retail customers received products and services they did not request. Wells agreed to pay a huge fine and terminated 5,300 employees. The…

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Latino Market Gaining Strength in Spending Power

Latino Market Gaining Strength in Spending Power

Hispanics embody far more than just an extraordinarily fast-growing population segment of the American population.  They now represent a market with outsize spending power that will only continue to grow in the future. According to market research publisher Packaged Facts report “Hispanic Consumers:  Demographic Patterns and Spending Trend” the number of Hispanic households has been growing…

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New eHopper POS software an All-In-One POS & Management System

New eHopper POS software an All-In-One POS & Management System

eHopper POS now offers support for customers worldwide. eHopper is now far more accessible than ever, allowing merchants to set the software to support local language, currency and payment processing. Not only does this feature make the software much more accessible, it also increases eHoppers’ client base exponentially by opening the company to assist small…

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QSR Online Ordering Boosts Tickets by 26%

QSR Online Ordering Boosts Tickets by 26%

A new study found 40% of frequent restaurant visitors prefer to order online, and spend 26% more per online order at quick service restaurants (QSRs) and 13% more in casual and fast casual establishments.   The Deloitte Consulting report: “The restaurant of the future: Creating the next-generation customer experience,” uncovers the options that surveyed restaurant…

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OT and Toppan Buddy to Offer a Dynamic Cryptogram Payment Card

OT and Toppan Buddy to Offer a Dynamic Cryptogram Payment Card

Oberthur Technologies and Japan’s Toppan Printing a partnership to provide Japanese cardholders with OT MOTION CODE, a dynamic cryptogram payment card, and with COSMO OTP, a payment card that generates One-time passwords (OTP). The OT MOTION CODE solution provides an extra layer of security for e-commerce. The technology replaces the static printed 3-digit security code…

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