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Michael Hollis Blog Posts

By First American Merchant

Feel free to give us a call for more info 1-800-210-5649

Learning from The Wells Fargo Glitch

As you may know, Wells Fargo has suffered a shutdown that stopped card processing, ATMs, and other financial services. This was a wake-up call for the industry. If you want to know more about the topic and find the best countertop ATM in the market, just read below. Modern Payments Ecosystem: Countertop ATM Smartphones and wearable technology are surging in popularity all over the world. Increasingly, more and more people are adopting mCommerce and eCommerce solutions offered by the modern payments world. Today’s banking and financial services, technology companies and the diverse payment technology options will undoubtedly push the industry […]

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POS Lending: Banks & Alternative Lenders

The times when customers were relying on banks to secure a loan are already in the past. Both well-planned and impulse purchases are growing all over the world, so customers are looking for seamless access to a loan wherever and whenever they want, at the POS (point of sale). If you want to know more about POS lending, just keep on reading below. POS Lending & Banks Since banks are usually big, quickly reacting to the ever-changing consumer needs isn’t a simple thing for them at all. Fintech companies (the ones that’re quite agile) have been prioritizing mobile-first point-of-sale financing […]

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Smaller Institutions & FinTechs: Small Business Loan

Community bank and credit union groups have recently been focused on using their lobbying power in Washington to limit the advancement and aspirations of innovative fintech companies. How are you planning the growth of your business? Do you need a reliable and low cost small business loan? Just read this blog post and you’ll learn more about the topic. Also, you’ll discover an exceptional business funding provider. Smaller Institutions & FinTechs This is an era of the physical giving way to the digital. Data is becoming the next gold and oil. Increasingly, consumers both more and less loyal ones, are […]

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Artificial Intelligence Can “Learn”: AI Payments & More

Artificial intelligence (AI) and other digital technologies that’re newly emerging are capable of granting humans more power than ever before. So, what do the latest technology solutions offer nowadays? How can AI payments help you with your business? Just read below to discover more. Artificial Intelligence & Machine Learning AI, together with proper ethics, people, diversity and inclusion, can open up completely new doors for prosperity and opportunity for all. This is quite evident in the modern financial world. So, no wonder that banks are getting more and more automated, making productivity and customer service much better as a result. […]

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Most Influential Business Women in Payments 2019

Do you want to get acquainted with some of the most influential business women who’re bringing a breath of fresh air into the payments ecosystem and creating new opportunities? Do you need advice from them? Well, just keep on reading this blog post. Influential Business Women PaymentsSource, SourceMedia’s resource for payments professionals around the globe, has announced the “25 Most Influential Women in Payments of 2019.” These women are honored for their ability to help complex organizations navigate through tough times and create an environment that new talents are happy to work in. Let’s see what thoughts they share with […]

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Consolidation, Payments & FinTechs: FinTech Business Loan

The payments industry is witnessing major acquisitions these days. Acquisitions make complex processors even more complex. Where can you get the necessary fintech business loan to grow your business successfully and navigate through hard financial times? This article is here to help you with that. Consolidation: Payment Incumbents & FinTechs  Consolidation is quite natural in a declining economic environment among banks. It’s been the natural course in the space for as long as there’ve been banks. Let’s concentrate on what’s happening in the payments space. Well, Jeff Yabuki and Frank Bisignano, Fiserv’s and First Data’s CEOs, state that within 5 […]

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Discover Small-Biz Payments

According to a US Bank study, the vast majority of businesses fail because of cash flow problems. Today, you can find a myriad of options for small-biz payments. So, what’s important to know in this regard? What to expect from Discover? Just read below and you’ll know. Small Business Payments: Discover It Business Card Tens of millions of small businesses exist in the US. They account for an enormous influence on the country’s economy by creating jobs, innovating, and bringing economic impact. When it comes to small-biz financing, small business credit cards play an increasingly important role in this concern. […]

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What You Need To Consider Before Seeking Small Business Financing

Starting a business on your own isn’t that easy. But why do tons of people choose to do so? Maybe, it’s because they believe that they can do it on their own and it’s not wrong to trust yourself. The big question is how businesses stand out in today’s competitive world? Wait, did you know that measuring a business isn’t by profitability? Sure, it’s surprising, but the truth is that it’s measured in terms of how stable it is. A smart business person knows how to make good use of the products he or she has to improve his or […]

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How To Increase Your Cash Flow Using a Merchant Cash Advance

Turning your business idea into a reality isn’t that easy. Many businesses start and fall at some point because of financial constraints. That’s why you need financial support to grow your business and make it stable. Now, the simple question is: what do you usually do when you start experiencing financial constraints? Were you at one point turned down by your traditional bank? Or did you feel like your traditional bank needed so much information before they could help you? Besides, it was just a tedious process that would waste your time, yet you needed money quickly. In most cases, […]

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6 Solid Reasons Why You Should Enable Live Chat Customer Support

Are you struggling to attract leads and make more sales with your business? It’s not that websites are no longer critical. It’s just that you haven’t provided the best customer service for your visitors. So, instead of your visitors being converted when they visit your business site, they leave after seconds feeling disappointed. American Express conducted a study, and they found out that nine percent of people living in America prefer brands that offer better customer services. Besides, one of the most influential men in the internet space – Jeff Bezos revealed that offering an exceptional experience prompts customers to […]

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