“Follow the money,” is one of those famous but usually misattributed phrases in American life. Most people attribute it to Bob Woodward and Carl Bernstein’s Watergate source, Deep Throat, and believe it was the advice the journalists received on how to unravel Watergate. Woodward and...
Your Monday morning brainteaser. What were some of the most important things that happened in the payments and commerce world last week? Something related to security and hacking? Or MasterCard and tokens? With so much data repelling through cyberspace, it is unsurprising that it all...
The Internet has spoken and apparently consumers have two options for getting their fathers a gift for Father’s Day. An Apple Watch. Or nothing at all. We are not kidding. A quick search of the Google for the phrase “Father’s Day gifts” done...
To say there is a lot going in the world of retail every week is sort of like saying there is a lot going on with a Category 5 hurricane – the statement is substantially true, but really fails to express the scale and scope...
Imagine this scenario. A customer walks into a retailer, picks out an item and tells the clerk “charge it.” Except, imagine that credit cards don’t exist, there’s no official book of financial records, and the concept of charging it really meant giving that retailer an IOU...
The faster payments bandwagon just got a little more crowded. Today, (June 15), the clearXchange network officially announces the launch of a real-time payments solution designed to enhance the experience of consumers, businesses and government entities utilizing its network. The real-time capability is now available...
Like before it becomes a big problem. Stopping breaches is a noble goal, but one made seemingly unrealistic given the “just in time” learning techniques that today’s sophisticated cybercriminals apply to our financial services and retail systems. Visa and FireEye are joining forces not to...
Can you imagine going to a baseball game and not being able to keep up with what’s happening by looking at the big scoreboard? Without a scoreboard, you’d have no earthly idea how to interpret what’s happening on the field and no consistent way to...
Airbnb For One-Percenters? Lifestyles of the rich and famous – now a mouse click away. Meet Luxury Retreats, an Airbnb like service except for very wealthy people looking for very luxurious — and highly specialized — travel experiences. Founded by a 17-year-old high school student...