POS Solutions
Business Wire | October 05, 2023
MeridianLink, Inc., a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced the launch of its new, enhanced point-of-sale solution for account opening and loan origination, MeridianLink® Access. This innovative solution allows financial institutions to easily build powerful, personalized consumer-facing experiences with control and speed to accelerate growth.
MeridianLink Access provides an evolved and modern digital lending experience that can be used with both MeridianLink® Consumer and MeridianLink® Opening. The platform allows financial institutions to easily modify workflows and customize the loan and account opening process to meet their unique needs. Driven by best practices and industry expertise, Access empowers financial institutions to provide a streamlined experience that maximizes engagement, conforms with internal workflows, and optimizes the digital experience.
Some of Access’ most notable features include:
Native Integrations with MeridianLink Consumer & MeridianLink Opening:Access empowers customers to leverage deeper integrations with MeridianLink’s origination platforms to drive fully touchless borrower workflows, reduce maintenance burden through settings synchronization, and ultimately deliver an optimized digital lending experience.
Support for Personalized Digital Lending Experiences:Access gives financial institutions incredibly granular control over layout, sequencing, and styling of loan and deposit account applications.
Intuitive and Powerful Editing Tools:The platform allows banks and credit unions to create, modify, and preview online applications using powerful visual workflow builder tools.
Growing Collection of Partner Integrations:Customers can maximize the effectiveness of Access by tapping into a wide array of partner integrations from industry leaders, providing added convenience to all end-users.
“MeridianLink Access was developed by closely listening to our customers as demand continued to increase for personalized, seamless digital lending and account opening experiences,” said Devesh Khare, chief product officer at MeridianLink®. “We’re proud to add this offering to the MeridianLink® One platform as another powerful tool to help our customers exceed consumer expectations, grow lending and deposit portfolios, and continue their digital transformation journeys.”
The Access platform will join MeridianLink® Portal as the Company’s second POS solution for financial institutions. Both Access and Portal are effective solutions that help perfect the digital consumer experience. Access now provides banks and credit unions with enhanced customizability, enabling them to fine-tune and personalize their consumer-facing processes in alignment with the unique requirements of their institution.
ABOUT MERIDIANLINK
MeridianLink® powers digital lending and account opening for financial institutions and provides data verification solutions for consumer reporting agencies. MeridianLink’s scalable, cloud-based platforms help customers build deeper relationships with consumers through data-driven, personalized experiences across the entire lending life cycle.
MeridianLink enables customers to accelerate revenue growth, reduce risk, and exceed consumer expectations through seamless digital experiences. Its partner marketplace supports hundreds of integrations for tailored innovation. For more than 20 years, MeridianLink has prioritized the democratization of lending for consumers, businesses, and communities.
Read More
Cloud Based POS
PR Newswire | October 03, 2023
NewStore, a modular, mobile-first omnichannel cloud platform for retail brands worldwide, today announced AllSaints will roll out its mobile point-of-sale (mPOS) in more than 200 stores globally. This is an extension of the partnership as the British fashion retailer previously selected NewStore to replace its homegrown direct-to-consumer mobile app. These initiatives demonstrate AllSaints' commitment to its digital transformation strategy and its dedication to offering customers a premium, unified, and seamless shopping experience across all channels.
Since the company was founded in 1994, AllSaints has prided itself on creating collections that are designed to make people look and feel good. Each piece is crafted with its own unique shape, style, and attention to detail. With NewStore, AllSaints will now offer personalized, high-touch shopping experiences that complement the exceptional quality of its products, regardless of when, where, or how consumers choose to interact with the brand.
"Our goal has always been to create customer journeys that are effortless and contemporary. To do this, we needed a modular yet comprehensive omnichannel platform that could empower us to innovate and adapt," said James Reid, Chief Innovation Officer, AllSaints. "We originally selected NewStore to build our consumer app, but that was just the beginning. By expanding our partnership, we are elevating the overall customer experience and future-proofing our technology strategy at the same time."
The NewStore mPOS will unlock new benefits like enhanced associate mobility, streamlining the checkout process, and allowing AllSaints stylists to interact with customers anywhere on the store floor, using only an iPhone or iPad. Also, by seamlessly integrating with the other components of AllSaints' retail tech stack, NewStore will be able to access all customer, order, and inventory data, enabling a number of unified commerce flows.
At the same time, the AllSaints App, which is powered by NewStore and offered as part of its omnichannel-as-a-service offering, gives customers a premium mobile shopping experience via its beautiful, interactive, and intuitive UX. After going live in March 2023, the app has been downloaded more than 75,000 times, with more than 8,000 reviews and an average app rating of 4.9 stars. Also, the app now accounts for a significant proportion of the brand's total ecommerce revenue, and has more than doubled the performance of the original AllSaints app. Most importantly, because NewStore Consumer Apps seamlessly integrate with the other components of the platform, AllSaints can offer more personalized and efficient interactions, regardless of channel, leading to increased loyalty and sales.
"There is no one-size-fits-all formula when it comes to executing an omnichannel strategy, and the composable architecture of our platform offers enterprise brands like AllSaints the agility and adaptability required to meet their digital transformation goals," said Stephan Schambach, Founder and CEO, NewStore. "AllSaints' decision to adopt both our mobile POS and consumer app demonstrates their commitment to a holistic omnichannel strategy. By working seamlessly together, these solutions will allow the brand to offer a truly unified shopping experience across every touchpoint."
About NewStore
NewStore provides Omnichannel-as-a-Service for retail brands worldwide that want to accelerate their digital transformation. Built with MACH principles, NewStore allows brands to easily deliver amazing shopping experiences that store associates and consumers love. Its mobile-first, modular cloud platform includes POS, order management, clienteling, inventory, and native consumer apps. NewStore customers such as Burton, Faherty Brand, G-Star RAW, Marine Layer, Roots Canada, UNTUCKit, and Vince benefit from the most complete, global omnichannel retail solution available — now supercharged with Tap to Pay on iPhone. The company is backed by General Catalyst, Activant Capital, and Salesforce Ventures.
About AllSaints
AllSaints is a global contemporary brand that is headquartered in East London and designs full collections of womenswear, menswear and accessories. AllSaints curates every aspect of the brand experience in-house, from store design and construction to the allsaints.com web platform. The brand has directly operated stores, concessions and outlets across the UK, Europe, North America and Asia. In addition, in recent years the brand has enjoyed success in developing non-retail activities around the world, including new wholesale business, licensing income and franchise partnerships. Founded in 1994, AllSaints has approximately 3000 employees across the world and has 255 directly operated stores, franchises, concessions and outlets across 26 countries.
Read More
POS Solutions
PR Newswire | October 19, 2023
UK-based payments company myPOS is introducing Tap to Pay on iPhone for businesses in the UK. Tap to Pay is available within the myPOS Glass app and allows merchants to accept contactless payments directly on their iPhone, with no additional hardware.
"As global smartphone penetration and contactless adoption continue to spread, we want to ensure that even the smallest merchants have the technology to grow their sales," said Rob Hay, CEO of myPOS Payments Ltd. "With Tap to Pay on iPhone and myPOS Glass, business owners can start taking payments from anywhere – in the store or on the go. We are excited to simplify in-person payments by offering a fast and secure experience that increases mobility."
Business owners are excited about the new solution as well. "With Tap to Pay on iPhone, I can be mobile. I download the myPOS Glass app and I can immediately accept payments on my own phone anywhere I am. It's easy for my customers and very flexible for me," said myPOS merchant Ahmed Saleh, owner of fast-food restaurant The Best Tasty Meal Corner.
Another myPOS client, healthcare practitioner Asif Parpia at Otowax Removal, added: "Don't need hardware anymore; always wanted a secure way of accepting payments through my iPhone, so I am excited about the launch of myPOS Glass on iPhone."
myPOS clients with compatible phones – iPhone XS or later – can accept contactless payments by downloading and opening the myPOS Glass app, ringing up the sale and presenting their iPhone to the customer. In return, the shopper needs only to tap a contactless payment method like Apple Pay, another digital wallet or a contactless card.
Merchants new to the myPOS platform can start using Tap to Pay on iPhone with myPOS Glass after opening a myPOS account and going through online verification. What's more, by becoming a myPOS client, they will benefit from a free merchant account, a free business card and immediate deposits of all accepted payments at no extra cost.
Tap to Pay on iPhone requires iOS 15.5 or later. No additional costs are applied to the merchant and no separate devices are needed.
Additionally, all transactions are encrypted and secure. Business and customer payment data is safeguarded by the same technology that keeps Apple Pay private. So when a payment is processed, card numbers are not stored on the device, the myPOS app or on Apple servers.
To take advantage, business owners can try out the myPOS Glass Starter plan, which allows merchants to pay only as they get paid. It comes with no upfront commitment, no fixed costs and the ability to cancel at any time.
About myPOS
myPOS is an innovative fintech company serving small and medium-sized business clients across the European Economic Area, Switzerland and the UK. It provides easy and convenient in-store, online and on-the-go payment solutions for more than 170,000 businesses in over 30 European countries.
The myPOS platform gives micro businesses and SMEs everything they need to accept payments and manage various aspects of their business, including selling remotely, accelerating cash flow and enabling e-commerce. Business owners receive a free multicurrency merchant account and dedicated IBAN per currency, a business debit card, digitised business management capabilities, and a powerful platform to help them sell anywhere.
Read More
Restaurant POS
Newswire | September 21, 2023
Founded in 2016, PayPad is a cloud-based, smart sales system designed exclusively for restaurants, hotels, and retail stores. PayPad expanded into the global market with a client base in the United Kingdom, Spain, the United States, and Türkiye. This strategic acquisition marks a significant milestone in HotelRunner's mission to offer a comprehensive, all-in-one solution with a specific focus on the hotels' on-premise sales and payments.
With its new and advanced identity, HotelRunner POS presents an effortless and effective way to run food and beverage operations, offering accommodation businesses a fresh avenue to enhance their revenue streams. Fully integrated with HotelRunner PMS, HotelRunner POS allows accommodations to manage their on-premise sales and payment operations with ease. Hoteliers can accept payments in multiple methods, analyze every aspect of their business, and take AI-driven, intelligent, and automated actions resulting in enhanced productivity and increased profitability. This development represents a momentous shift for HotelRunner as it delves into on-premise sales operations for the first time, highlighting its sales-first approach in the hospitality and travel technology landscape.
In January 2023, the company closed a successful Series A round and stated that the funds would be used to continue to build a solid global presence, grow the team, and invest heavily in delivering cutting-edge technology. Standing behind its commitment, over the past year, HotelRunner has achieved remarkable product launches, including Insights, Autopilot, and Review Center, all of which have been instrumental in advancing toward its goal of providing a holistic platform powered by innovative technology. This milestone marks the third acquisition in HotelRunner's ongoing acquisition spree aimed at consolidating the industry under its roof while proudly extending its offerings to serve the diverse needs of its partners.
Arden Agopyan, Founder and Managing Partner of HotelRunner, said, "Our strategic acquisition of PayPad and the birth of HotelRunner POS aren't merely about enhancing our product offerings; it's a bold leap toward our vision of building a bigger travel economy. As we welcome HotelRunner POS into our expansive ecosystem as a foundational part, we solidify our presence in the payments and sales verticals in travel and hospitality. We're proud to shape the path toward industry consolidation and usher in a transformative era, reinforcing our brand's legacy."
Ali Beklen, Founder and Managing Partner of HotelRunner, added, "With PayPad seamlessly integrated into the HotelRunner's unique market-network, we're spearheading a technology revolution that forms the cornerstone of a unified digital travel ecosystem. Beyond elevating the guest experience and optimizing operational efficiency for accommodations, this strategic move underscores the power of frictionless all-in-one platforms as the key to success. This acquisition unlocks a new untapped opportunity and sets a path to delivering unrivaled value and pioneering innovation for our partners."
Veysel Berk, the Founder of PayPad, also shared his thoughts on the acquisition: "HotelRunner is democratizing the use of technology for every player in the global ecosystem. As both teams share the same values, culture, and product principles, we are thrilled to join forces with HotelRunner and become part of its broad vision. PayPad, revamped as HotelRunner POS, will play a pivotal role in adding exponential value to properties worldwide, ushering in a new era of advanced sales solutions in travel and hospitality."
HotelRunner POS will be gradually rolled out worldwide to offer the best experience to all accommodation businesses, starting with existing HotelRunner partners. For more information, you can visit here.
About HotelRunner
HotelRunner is a data-driven SaaS-enabled unified sales, operations, and distribution management platform and B2B network for accommodations, travel agencies, and payment providers. HotelRunner has thousands of accommodation and travel agency partners globally. HotelRunner is a Booking.com Premier Connectivity Partner and Best Overall Performing Partner, Expedia Preferred Connectivity Partner, Airbnb Software Partner, Agoda Innovative Supplier, Oracle, Hotelbeds, trivago, and Google Hotel Ads strategic partner.
Read More