News

Innovation Despite Regulation
November 08, 2010

There’s a lot of uncertainty, worry, and fear about regulation in the payments business. That was one of my takeaways from the 2-day conference on payments innovation MPD held at Harvard on November 4 and 5.  People had been so focused on the Durbin devastation...

How Walmart Views Consumer Payments Behavior
November 05, 2010

Walmart serves customers and members more than 200 million times per week at more than 8,650 retail units under 55 different banners in 15 countries. The company achieved fiscal year 2010 sales of $405 billion. Get the Full Story Complete the form to unlock this...

Tips for Catering to Consumers’ Payment Preferences
November 05, 2010

More highlights from the “How Understanding Consumer Behavior Can Help Indentify and Ignite Innovation” panel: 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,...

Federal Reserve: Cash Usage Increased in 2009
November 05, 2010

The Federal Reserve is set to release its 2009 Survey of Consumer Payment Choice (SCPC) next month. Scott Schuh (Boston Fed Economist and Consumer Payments Center Director) gave Institute Fellows a preview during the “How Understanding Consumer Behavior Can Help Indentify and Ignite Innovation” panel:...

American Idol: Payments Innovation Style
November 05, 2010

They’re not hoping to win a record deal, but they are seeking legions of adoring fans and to be the next great payments business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

POS Innovation in the Cloud
November 05, 2010

“As payments people, we sometimes forget the relationship between the retailers and the consumers and software used to foster that,” said Chip Kahn (IP Commerce Founder & CEO). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

POS Opportunities around Social Networking
November 05, 2010

“It’s a phenomenal opportunity and tremendous place where commerce is going to happen, certainly not in the next quarter, but… it’s going to be game-changing over the next few years,” said Karen Webster (CEO, Market Platform Dynamics). Get the Full Story Complete the form to...

Can the U.S. Replicate Japan’s Mobile Payments Success?
November 05, 2010

Welcome back! Day 2 of The [Payments] Innovation Institute opened with a panel on three hot button issues for the payments sector: mobile, POS, and social networking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

What Is The Next Great Payment App That Has Yet To Be Created?
November 04, 2010

To wrap up Day 1, the “New Payment Platforms for Innovation” panelists shared their ideas on the next great payments app that has yet to be created: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...