Community banks could put more contactless cards into the hands of consumers with the help of the Independent Community Bankers of America (ICBA). At the same time, gig economy workers don’t want to wait for funds or spend additional time moving money from one account to another. And the demand...
Target plans to bring contactless payments to all stores in the United States over the next several weeks. More retailers are tapping into immersive virtual reality (VR) experiences to bring customers through their doors. And consumers are looking for speed, among other features, in a...
Retail startup Caper is reinventing the grocery store experience with a shopping cart that automatically checks out the items shoppers place inside them. And grocers are vying to attract shoppers, as a sizable portion of spending from U.S. households is dedicated to food or similar...
Financial Innovation Now (FIN) submitted a public letter in December, contending that the Fed was best-positioned to operate a ubiquitous, interoperable real-time payments network. Innovation, flexibility and agility helped drive WEX’s acquisition of Discovery Benefits, Inc. (DBI). Mobile is expected to comprise more than half of eCommerce in...
The world of financial services is no longer going digital – it’s gone digital, a fact confirmed by the recent spree of bank earnings reports with counts of mobile banking members. That digital world has benefits that are easily visible in the form of growing...
The big news of the week, of course, is the announcement that Fiserv will be buying First Data Corp. in an all-stock deal slated to close in the second half of the year. Sometimes big shifts happen suddenly and hit the headlines. Other changes –...
Some problems are as old as time itself: managing cash flow as an SMB or consumer, or finding better ways to fight off fraudsters. Some problems, on the other hand, are newer: wanting a wearable, but not on your wrist, or buying something online when...
There is no shortage of challenges in the world. Some are massive – like the ever-growing cost of medical care in the United States. Others are … less so, like the can of Coke that got trapped in the vending machine on its way out. Others...
With the new year now up and running, it’s becoming obvious that a few big sea changes are underway. Physical retail, as we knew it, is looking pretty dead. But the path to financial inclusion in the developing world is alive, well and widening. The...
