Few companies meet customer demand for instant business-to-consumer (B2C) payments, while a large share of businesses still rely on paper checks for business-to-business (B2B) payments. In technology, Sweden-based Mapillary has rolled out a platform to crowdsource imagery of various settings, geographies and data. And merchants are eyeing augmented reality (AR) to lure local shoppers, while...
Technologies such as artificial intelligence (AI) and biometrics are changing the digital security landscape, and a recent study found that social media networks have become a more popular way for hackers to target new victims. In retail, several Goodwill regions are teaming with mobile marketplace OfferUp, and streaming subscriptions are innovating with payments as...
Phone numbers, email addresses, usernames and other online signifiers have become essential to verification as the world becomes more connected. In B2B news, Visa is launching an end-to-end payments network called Visa B2B Connect, which is built on elements of distributed ledger technology and the open-source Hyperledger Fabric framework. And, in retail, firms from automakers to merchants are tapping into...
Big Tech is helping large and small companies find new customers and build their businesses. And trust is important at a time when businesses are becoming more digitally connected. In retail, snack food company Chirps is seeking to save the planet by serving up crickets, and robotization is critical to Amazon’s one-day shipping vision. All this,...
While the digital age has supplied any number of new solutions to problems, many of those problems still persist. Thieves target retailers, moving objects from point A to point B is complex and expensive, the fees in every transaction are too high and the little...
There are all kinds of ways money can end up “trapped.” It might get trapped in a security deposit, or get frozen in place by new, ill-understood rules and regulations. Friction has great power to hold things in place. Digitization, at its best, can break...
Money, as the song goes, makes the world go ‘round – and these days, there is a lot of money going all around the world. The question, for an increasing number of payment players, is how to get it there faster and make it easier...
Intro: Consumers undeniably want all of their transactions faster – and there is a penalty to be paid for making them wait. But fast is no substitute for safe, which means the future of speed is really all about authentication on the quick. Artificial intelligence...
If we had to pick one word for what every payments and commerce player wants, “more” would be a reasonable candidate. More conversions, greater value out of those sales and a greater number of ways to connect to consumers. But getting more often entails doing more...
