23 January 2014 By Jeffrey Green (@epaymentsguy) EBay’s board of directors on Jan. 22 rejected a proposal by investor Carl Icahn, who had submitted a non-binding proposal for a spin-off of its PayPal business into a separate company. Icahn earlier this month acquired shares and...
The idea that a new website or app can undermine years of careful messaging may be deeply frustrating to marketers – but it is a reality that they must face. –Itamar Simonson, Stanford Business School professor and author of “Absolute Value: What Really Influences Customers...
By Gloria Colgan, Managing Director, Market Platform Dynamics (@gkcolgan) Ah, the challenges of commercial prepaid. When JPMorgan Chase recently announced the potential sale of its government and commercial prepaid card business, it made big headlines. Chase has a massive portfolio from a prepaid perspective –...
Speaking at the ReadWrite Mix event, PayPal President David Marcus spoke at length about the history of the company and some of the challenges it faced as it expanded globally. One of the major problems was dealing with country-by-country financial and payments regulations, many of...
How to make mobile commerce a profitable and worth while opportunity
Hacker’s accessing improperly stored credit card data is one thing, but what if Target or Neiman Marcus had been storing customers’ biometric information instead? Merchants storing encrypted biometric data is among various security options talked about as a means to protect payment card data. In...
Intense competition from online and mobile channels, pricing pressures and shrinking margins, high fixed costs, changing customer demographics, and eroding revenue opportunities. Sound familiar? It should. It’s exactly what drove the newspaper industry into a death spiral about 20 years ago, and it’s what’s playing...
Several companies are exploring the idea of offering insurance on Bitcoin holdings. A central criticism of Bitcoin is that Bitcoin wallets are uninsured, not by the FDIC or a private entity. Among those looking to fill this market gap is Elliptic, a wallet service based...
A new study has determined that the iPhone 5s consumes the most data on average compared with a diverse selection of other smartphones. The study, led by JDSU, confirmed that the iPhone 5s, as well as the Samsung Galaxy S4, are responsible for a large...
