Is Square Changing Its Stripes? APIs Target Stripe and Braintree Approach to ISVs

In a wide-ranging presentation to investors and other audience members at the Jefferies 2016 West Coast Payments Conference on Tuesday (Sept. 27), Square CFO Sarah Friar commented on the company’s growth plans and future opportunities for expansion. Her remarks make one thing clear: Square sees its reach as expanding far beyond accepting payments with a […]

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International Business Article – Is Getting A Distributor Enough In International Business?

Here is a case for distribution: A U.S.-based software firm was attempting to enter Asian markets. It thought the quickest way to success was to find accomplished distributors who would carry its software. U.S. firms experience an 85 percent failure rate selling to Asia, so this firm wasn’t willing to undertake heavy investments there. After […]

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Unregistered Third Party Regpack’s Exposure Of 324,000 Transactions Proves A Cautionary Tale For PFs

A July exposure of transaction records from 899 submerchants serviced by payment facilitator BlueSnap highlights an important lesson for PFs. In addition to making sure their own houses are in order, they bear responsibility for their submerchants and service providers as well. PFs who control all aspects of the card entry, where it’s impossible for […]

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Strong Authentication? Unanimous, But Many Say EU Proposed Rules Risk Sacrificing Innovation And Growth

As the European Union nears the creation of new rules on payments providers for consumer authentication, many question their utility. The European Banking Authority’s proposed rules say that service providers have to choose two of three verification methods: knowledge (such as a password), possession (a card, phone or wearable) and/or inherence (fingerprints, voice or iris […]

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Exploding Internet Access Plus Ubiquitous Smartphone Use Equals Digital Payments Boom

All the digital payments innovation will pay off in some crazy numbers soon, says a report from non-profit think tank The Demand Institute, which is run by Nielsen and The Conference Board. That strengthens the future of PFs worldwide, as cashless payments could result in over $10 trillion in additional consumer spending over the next […]

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