On Dec. 1, 2019, there was no shortage of predictions about which stories would drive payments, commerce and the global financial ecosystem. Trade disputes, the connected economy, new banks, cryptocurrency, mobile wallets, instant payments, trade disputes, mergers and acquisitions, biometrics, synthetic identity fraud — we could...
When it comes to insurance, gauging risk and premiums, every bit of data – and every mile – counts. To that end, as Bloomberg reported, insurance giant Allstate is partnering with Ford Motor Co. that will enable data sharing through telematics. As reported, a number...
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...
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...
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. The two entities launched on Thursday (Feb.27) a mobile payment solution called Text to Pay, which works with healthcare providers...
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...
Venmo is branching out to target a new demographic in its payments service: teenagers, according to published reports on Monday (Feb. 24). A new proposed service by the payments provider would let parents create spending accounts attached to debit cards for their teenage children, giving...
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,...
Farming has been around for thousands of years – tens of thousands of years, perhaps, according to some estimates. And it is a labor-intensive, resource-intensive and time-consuming endeavor. Consider the fact that, as measured by the Water Footprint Network, it takes about 26 gallons to...