Merchant

Finding the right mPOS solution can be difficult. Demanding flexibility and device agnostic technology from partners can go a long way toward making a successful decision.

The Ohio company is eager to rev up SBA lending in the Windy City now that it has closed on its purchase of FirstMerit. CEO Steve Steinour also credits his company's willingness to make big upfront community commitments for a seamless approval process.

Smart contracts, which automate parts of payment agreements, are the key to using blockchain technology in complex financial transactions. However, there are still open questions and concerns about how smart contracts operate in the real world and whether they can be trusted.

Nostalgia no doubt helped drive the recent Pokémon Go phenomenon, but another factor — one that will become critical to retailers’ future success — was also at play.

United Community and Wells Fargo are among the banks building platforms to lend to senior-care facilities. Demographics suggest the business should grow significantly in coming years.

Online alternative financing can be an efficient source of capital for small businesses, but it can also be predatory, especially to unaware and inexperienced borrowers.

Even though studies are showing that an increasing number of users are giving the mobile wallet technology a try, only a few are reported to be using it on a continuous basis.

Banks have gotten better at detecting digital banking fraud, but the process of closing and reopening accounts is still a mess — and that is what could send more customers packing.

At most merchants, mobile wallets have been a solution in search of a problem. But at the pharmacy, every customer already has a problem — possibly several problems — they want to address before they even think about how they want to pay.

Two years after eschewing Apple Pay and NFC, CVS is integrating payments, marketing and prescription ordering in a single bar code-enabled mobile app, replacing a customer experience that currently relies heavily on time-consuming interactions with staff.