Digital payments
Digital payments
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As much as payment companies love to talk about opening up their platforms, there's definite room for improvement.
February 16 -
Grocery has been in Amazon’s sites for years. It’s very appealing because shopping volume and frequency is high, but the margins are low, and the logistics are difficult because of spoilage, writes Tom Caporaso, CEO of Clarus Commerce.
February 16 -
Big companies like Stripe and Visa have written off the idea of bitcoin being used for payments, citing the cryptocurrency’s inconsistent fees and speed — but Coinbase may be uniquely positioned to succeed where others were forced to give up.
February 15 -
Erminia Johannson's promotion is part of an effort by BMO Financial to generate more revenue from its U.S. operations.
February 15 -
It’s critical that retailers tailor their marketing campaigns to the evolving shopping behaviors of consumers, including catering to their tendency to wait until the last minute, writes Dani Cushion, chief marketing officer at Cardlytics.
February 15 -
Digital-assets exchange Coinbase Inc. is releasing a service for merchants to accept Bitcoin, Bitcoin Cash, Ethereum and Litecoin payments, and deposit them into their own digital wallets.
February 15 -
R&D capabilities at Interac got a boost last month when Interac Corp. was created by merging Interac Association and Acxys Corp. It brought together a payments network handling nearly 5.7 billion debit transactions annually with a company specializing in payments development, management and consultation.
February 15 -
The cashless society is no longer just a feast for the 527 million Chinese mobile payment users, but to anyone with a solid digital footprint, according to Franklin Chu, managing director for Azoya USA.
February 15 -
Indian online shopping site Paytm Mall is opening a New Delhi store, taking a page out of backer Alibaba’s playbook in exploring ways to use physical retail to boost its online business.
February 14 -
There’s a widely held belief that clamping down on fraud in one area will lead to it popping up somewhere else. There is some truth to this — fraudsters favor the points of least resistance. But there are also major exceptions.
February 14 -
Amazon recently made headlines by teaming up with JPMorgan Chase and Berkshire Hathaway in a collaboration that might use e-commerce tools to wring inefficiencies out of the companies' health care coverage. It's an idea that's already underway in Sweden.
February 13 -
EBay's recent decision to favor Adyen over PayPal doesn't spell doom for PayPal, which sees itself playing a key role in the nascent gig economy. But other payment networks also seek a slice of that pie.
February 13 -
As an industry, we owe it to our customers and end users to deliver banking and payments that function in real-time and meet their expectations, writes Paul Kobos, senior vice president of banking & payments for Gemalto.
February 12 -
Electric cars have long faced an uphill battle, though TrueCommerce and AeroVironment are trying to remove one barrier by making it easier to shop and pay for fast in-home chargers.
February 12 -
Even today, as mobile and e-commerce payment options flood the market, few companies are willing to do away with cash acceptance. But a handful of brands have launched cashless locations, taking a bold step into a future where cash is no longer king.
February 9 -
As owner of Whole Foods Market, Amazon is bringing one of its key strengths — swift product delivery — to its retail grocery store business.
February 8 -
Employers have to find a way to keep associates productive and satisfied while this transition in payments experience is underway, writes Mike Zorn, vice president of Workplace Strategy at WorkJam.
February 8 -
Like similar bans on using credit cards to buy stock and derivatives, banks would rather people use credit cards for other purposes than buying bitcoin, writes Alfred Duncan, a lecturer at the University of Kent.
February 8 -
The concept of a digital payments platform that taps into consumer bank accounts is an old one. But there are still opportunities to implement it in new ways.
February 8 -
Apple Inc. stores in China now welcome Alipay, marking the first time the Cupertino, Calif.-based tech giant has officially accepted a third-party wallet at any of its brick-and-mortar stores worldwide.
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