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Acquirers Feel the Heat of Choke Point, Urge Self-Regulation
The Justice Department's Operation Choke Point isn't really about combatting fraud, says Jason Oxman, CEO of the Electronic Transactions Association. Federal regulators simply don't like high-risk merchants, such as payday lenders and guns dealers, he says.  more »
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A veteran acquiring executive describes recent changes at First Data Corp. as "the awakening of a sleeping giant" that has placed a renewed emphasis on independent sales organizations and sales agents.  more »
An illustration of the Pose point of sale
San Francisco-based Pose, one of the many companies in the cloud-based mobile point of sale market, aims to differentiate itself by eliminating its $49 monthly subscription fee.  more »

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