In the alphabet soup that floats the credit card processing industry, the initials ACH stand for Automated Clearing House, a vast electronic network that connects banks, credit unions and all other financial institutions.
A few months ago I took a car service to the airport. The driver used a mobile payment system to collect his fee, and after he swiped my credit card he handed me his smartphone to complete the transaction. But before I could sign for it, the screen offered me the option of adding a tip in specific increments— 15, 20 or 25 percent.
The National Retail Federation (NRF) has gone on the record as opposing any legislation that would force retailers to follow data security rules created for the banking industry. Instead, it has asked Congress to pass a uniform national data breach law.
What’s in a brand, and how important is branding? According to Brand Keys, brand engagement and customer loyalty research consultancy, there are certain drivers that engage customers, engender loyalty and drive profits.