Merchant Innovation

Merchant Innovation
DATA: How FI’s Innovation Gap Is Big Tech’s Big Opportunity
March 02, 2020

If we had to pick a favorite highly quoted Jeff Bezos aphorism, “your margin is my opportunity” would almost certainly be a contender for the top spot.  The “almost “is simply because it is not clear that it is even a legitimate quote. Like many famously quotable...

Merchant Innovation
Metromile CEO: Why Auto Insurance Is Ready For A Digital Lane Change
February 28, 2020

Car insurance even predates Henry Ford, yet a truly disruptive auto insurance provider hasn’t emerged in more than a century. Metromile CEO Dan Preston tells Karen Webster how his metered-model company is looking to disrupt the $288B auto insurance industry with smart tech, a new...

Merchant Innovation
Sphere, VisitPay Debut Text To Pay For Healthcare
February 28, 2020

Sphere, a leader in end-to-end payment solutions, will team up with VisitPay, which works with medical patient payment and security, to improve patient payment processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Merchant Innovation
Uber Taps Adomni For Vehicle Display Ads
February 25, 2020

Uber patrons will start seeing ads on top of the cars coming to pick them up beginning April 1, according to Adweek on Monday (Feb.24). The new development is the result of a deal inked between the popular ride-hailing app and out-of-home ad tech company...

Merchant Innovation
Venmo App Lets Parents Create Debit Card For Kids
February 24, 2020

Venmo is branching out to target a new demographic in its payments service: teenagers, according to published reports on Monday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Merchant Innovation
Is Paying Consumers For Their Time The Future Of Physical Retail?
February 20, 2020

Among the more famous aphorisms of Benjamin Franklin was his 1748 observation that “time is money” —  a fancy way of saying that making money requires the input of time, thus wasting time is wasting money. But it seems that despite being Swedish in origin,...

Merchant Innovation
Farming’s AI, Data Driven (And Vertical) Tech Revolution
February 13, 2020

Farming has been around for thousands of years – tens of thousands of years, perhaps, according to some estimates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Merchant Innovation
Fiat Chrysler To Debut Robot Taxis In China
February 11, 2020

Fiat Chrysler, in partnership with Chinese-based AutoX, wants to launch robo-taxis in China later this year, according to an announcement. The automobile maker, one of the “Big Three” in Detroit, has been casting a wide net for autonomous vehicle tech, and wants to keep pace...

Merchant Innovation
Reynolds CEO: Recreating Grocery’s Home Goods Aisle For The Millennial
February 10, 2020

Aluminum foil is not a new product by any stretch of the imagination. Its precursor — tin foil — was used for cooking, starting in the early 1800s. In 1910, the world of foil enjoyed its most important historical innovation: The Swiss figured out how to make it out...