Walmart sues Synchrony, iPhones sales slow as questions mount, Is instant onboarding a payments red herring

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November 2, 2018

Unscripted Podcast Series

Instant Onboarding: A Payments 'Red Herring?'

Instant onboarding has been heralded as the best thing to happen in merchant services in decades. In the brand new Unscripted Podcast Series, WePay Co-Founder Rich Aberman tells Karen Webster that that’s a bit overblown. Instant is only as good as the platform’s ability to access and use data to manage risk in real time — after the merchant gets up and running.

 

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Western Union Earnings

Western Union Grows Digital Double-Digits, Expands Underbanked Reach With Amazon

Double-digit Q3 2018 gains marked Western Union's dot-com offerings, and now represents 12 percent of the firm's key C2C business. Management pointed to solid growth spanning several cross-border corridors — and, of course, the company’s new pact with Amazon got its share of attention on the post-earnings call.

 

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Apple Earnings

iPhone Sales Slow And Questions Mount

As iPhone sales were underwhelmed, so were Apple’s holiday-quarter sales projections. Revenue increased by record levels, and Services is now a $10B business. Tim Cook says Apple Pay at the mobile, contactless point of sale is growing faster than PayPal Mobile in-store. In addition, Apple’s stock slipped in after-hours trading. Find the need-to-know about Apple’s earnings here.

 

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mPOS Tracker

NEW REPORT: Gap’s 'Swiss Army Knife' Black Friday mPOS Plan

When it comes to managing Black Friday crowds, it’s all about getting customers checked out quickly. That’s prompting some retailers, including Gap Inc., to customize their own mPOS solutions. In the latest PYMNTS mPOS Tracker, James Thordsen, Gap’s head of project management, discusses how the company is making checkout faster and boosting customer loyalty, with the mPOS equivalent of its very own “Swiss Army knife.”

 

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