In 1999, 92 percent of consumers said that they didn’t trust that their data was secure when transacting online. Sixteen years later, that percentage has hardly budged. Yet eCommerce and mobile commerce is exploding everywhere. MPD CEO Karen Webster has a theory and some advice...
Card-linked offers have been singularly unimpressive as a category. They’ve been around for years and raised a ton of capital, but have failed to turn the heads of merchants or consumers. MPD CEO Karen Webster says that two things could change that – mobile phones...
Apple and Google Android have just recast mobile wallets as smartphone utilities – putting them in the same category as cameras, maps, weather, the app store and any other app that comes preloaded on their smartphones. Not every mobile wallet, of course, just theirs.
“Are we there yet,” though, is shorthand for “When will all of the time and money and investments we’ve made in mobile payments actually pay off?” The person most likely to pose that question is the CEO who’s been hearing “20xx is the year mobile...
To no one’s great surprise, we added another “Pay” player to payments last week. Android Pay threw its hat into the mobile payments ring as the “other” operating systems-based payments scheme to launch in less than a year. Apple Pay, as is old news by...
So here’s a question. When is a prepaid card actually a credit card? Here’s an answer: When the CFPB says so. The CFPB recently released nearly 900 pages of proposed rule changes for prepaid products which would reclassify some prepaid products as credit products. That...
Remember the piece I wrote last week about whether payments can save the Internet ad giants? Well, it appears that Google not only thinks it can, but is doing something about it. Google announced on Friday evening that it is turning the World Wide Web...
What do LinkedIn, Twitter, Google and Yelp have in common with goldfish? Let me give you a hint. Goldfish are said to have an attention span of 9 seconds, which is, remarkably, one second longer than that of the typical American consumer today. Worse yet, that’s...
MCX’s Interim CEO, Brian Mooney, starts his first day on the job today. And, this seasoned and well respected industry veteran is starting amidst a firestorm of controversy over its future. Nearly three years after the merchant consortia was announced (August of 2012), there’s no...
