{"id":1931,"date":"2018-05-01T12:43:51","date_gmt":"2018-05-01T12:43:51","guid":{"rendered":"http:\/\/reformingretail.com\/?p=1931"},"modified":"2019-01-23T09:26:31","modified_gmt":"2019-01-23T15:26:31","slug":"why-pos-and-payments-companies-must-look-outward-for-innovation","status":"publish","type":"post","link":"https:\/\/reformingretail.com\/index.php\/2018\/05\/01\/why-pos-and-payments-companies-must-look-outward-for-innovation\/","title":{"rendered":"Why POS and Payments Companies Must Look Outward for Innovation"},"content":{"rendered":"<p><a href=\"http:\/\/reformingretail.com\/index.php\/2018\/03\/06\/every-payments-provider-needs-a-pos-offering-end-of-debate\/\">In an earlier post<\/a> discussing the need for payments companies to jump aboard the POS bandwagon, we noted that the greatest risk for smaller POS companies is the sloth and hubris large payment companies - or any large companies, for that matter - can exhibit. Before we get ahead of ourselves we should visit the beginning.<\/p><p>The world is evolving faster than ever. Data is quickly <a href=\"https:\/\/www.economist.com\/news\/leaders\/21721656-data-economy-demands-new-approach-antitrust-rules-worlds-most-valuable-resource\">becoming the new oil<\/a>, and software (built on said data) is <a href=\"https:\/\/a16z.com\/2016\/08\/20\/why-software-is-eating-the-world\/\">eating the world<\/a>. Many of the large companies around us today were built during a time when \"high tech\" was the wide-eyed move from snail mail to fax machine.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\"><a href=\"https:\/\/reformingretail.com\/index.php\/subscribe\/\">Subscribe<\/a> or <a href=\"https:\/\/reformingretail.com\/index.php\/log-in\/\">log in<\/a> to read the rest of this content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>In an earlier post discussing the need for payments companies to jump aboard the POS bandwagon, we noted that the greatest risk for smaller POS companies is the sloth and hubris large payment companies &#8211; or any large companies, for that matter &#8211; can exhibit. Before we get ahead of ourselves we should visit the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2665,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[5,3],"tags":[],"class_list":["post-1931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solutions","category-pos"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p81nA2-v9","jetpack_featured_media_url":"https:\/\/i0.wp.com\/reformingretail.com\/wp-content\/uploads\/2018\/05\/a1-1.png?fit=1024%2C616&ssl=1","_links":{"self":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts\/1931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/comments?post=1931"}],"version-history":[{"count":13,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts\/1931\/revisions"}],"predecessor-version":[{"id":4216,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/posts\/1931\/revisions\/4216"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/media\/2665"}],"wp:attachment":[{"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/media?parent=1931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/categories?post=1931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reformingretail.com\/index.php\/wp-json\/wp\/v2\/tags?post=1931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}