Everybody knows the ancient story of Ali Baba and the Forty Thieves. “Open Sesame” were the magic words that opened a cave where Ali Baba saw an abundance of gold treasure stolen by 40 thieves stashed inside. Ali Baba, assisted by his very capable female...
What begins with an 'A' and is the biggest threat to the payments networks since Judge Leon? ACH. I know, you thought we were going to say Apple. But the Paym launch in the UK got MPD CEO Karen Webster to thinking about the impact...
Remember the day when a coin was just a bothersome piece of metal that you were happy to toss in the tip jar to benefit the underpaid baristas at your local coffee shop? Well, the world has changed and so have coins. Economist David Evans...
The Fed issued its update recently on the state of the mobile US landscape two years after its Mobile Payments Industry Workgroup (MPIW) convened to provide guidance on how to move the mobile industry forward. I have read the report several times and so wanted...
Actions in the aftermath of the recent merchant data breaches have demonstrated the potential dangers that extend beyond simply not improving payments-data security. Knee-jerk reacting is another, and that appears to be what Target’s doing in saying it will push hard now for EMV card...
Shaw’s Supermarket here in Boston made a little bit of news in the run-up to the 4th of July holiday. It’s dumping its loyalty card program. Well to be technical, Albertson’s - the Idaho-based North American grocery chain that owns them – decided that all...
Consumers aren’t likely to be loyal to any one brand, companies that spend more on loyalty programs aren’t as profitable as companies that don’t and companies with the most loyal customers don’t even have loyalty programs. Try putting that business case in front of your...
Here, we bring together commentary from one of the world's leading experts on emerging payments and a strategic advisor to CEOs and Boards of multinational players in the payments and commerce space - Karen Webster.
Uh oh. More bad news for the banks. 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 to our daily newsletter, PYMNTS Today. By completing this form, you...
