Can a company be old school and innovative at the same time? While MasterCard and AT&T are both testing hi-tech solutions for authenticating overseas transactions by using geolocation data, American Express is eschewing hi-tech for a more direct approach with AX Connect. The closed-loop network...
The United Nations has completed a major modernization program for it's micro currency. The changes are to be used initially in the West Bank, the Hashemite Kingdom of Jordan, Gaza and Syria.
The Federal Reserve last week released its “2013 Federal Reserve Payments Study Detailed Report,” which adds details to the summary of its findings released in December. Rich on data, the report is a triennial project for the Fed that helps the industry keep up with...
In the words of Game of Thrones’ Ned Stark, “Brace yourself: mCommerce is coming.” Okay, so the lord of Winterfell might have said winter instead is coming, but the sentiment holds true. Mobile commerce is coming to the B2B world, and in some cases it’s...
Forty eight percent of SMBs believe that consumers will be using mobile payments in stores in the next two years. Yet only 20 percent say they’ll be ready – and these are merchants that sell both online and in stores. So, how do SMBs resist...
The complicated nature of payer and provider payments has made health care one of the last, and largest, sectors where paper-based settlements still reign. However, efforts are underway to bring payment electronification to the healthcare sector. And that has competition among B2B players heating up.
Big data is only useful data when there is a business vision to ground it. Sears General Manager of “Big Data” Ankur Gupta, sat down with MPD CEO Karen Webster to discuss how data-driven retailers are using new tools and technologies to make omnichannel real...
What can all SMBs learn about omnicommerce from a specialty coffee roaster in New Hampshire? The need to embrace omnichannel tools and techniques to maintain the same kind of personal relationship they have in their physical stores across all of the channels their customers want...
While omnichannel remains an important focus of most retailers, most merchants say they lack the capabilities to support it. Yet most have plans to implement mPOS by 2016. Why? Because they view it as an enabler to the biggest merchant initiative of this decade: omnichannel....
