Let’s start the first week of summer by turning the discussion of cash as a viable payment method on its head. Here’s the many-multi-trillion dollar question up for grabs: if cash remains alive and kicking as a payment method over the next decade, then how...
My, how time flies when you are having fun in the digital wallet space! Since we all had such a great time together reminiscing about Google Wallet last week, I thought it might be interesting to do the same about some of the other digital...
Let’s face it, the only news that broke last week when Business Week published its story about Google Wallet was that it had been downloaded around 10 million times since its launch two years ago. Frankly, that was about 9,950,000 more times than I actually...
I had a chance to catch up with Mike Passilla yesterday, the newly announced CEO of Merchant Services at Chase and former CEO of Elavon. Mike did an interview a couple of years back with a publication in Atlanta that did an executive profile on...
Really and truly solving the B2B payments’ problem over the years has been a little bit like proving Fermat’s last theorem – lots and lots have tried and a few have even gotten pretty close. But no one has been able to enter the market...
I walked to my little local market this morning in Boston and saw the latest issue of Barron’s on the newsstand. The cover story is all about U.S. Millennials: those 18- to 37-year-olds who, according to this article, are the future of the U.S. economy...
Three guesses – and the first two don’t count – on who said this about what topic and when. “I think it’s in its infancy, I think it’s just getting started. Just out of the starting block.” That would be Tim Cook, Apple CEO, on mobile payments,...
Just about everyone by now knows the story of JC Penney, or JCP as the brand is now known. In forty characters, it is how a 110-year-old brand hires Apple exec to turn it from old and dowdy into hip and cool and crashes and...
Seven years into the retail payments game, search giant Google has struggled to find its footing in the retail payments game. The news that broke about ten days ago, as its Commerce reorg sent a huge signal about its plans to address this – at...
