Getting consumers to buy more is perhaps the most difficult challenge retailers and brands face. But their omnichannel efforts to reach customers wherever they are, and whenever, represent only half the battle. A recent Nielsen study suggests those sellers also able to identify their “super...
Operation Chokepoint’s efforts to hit companies suspected of illegal activities where it counts - their bottom lines – may have, well, been a little choked itself this week. The FDIC removed a number of merchant types from its bank guidance, fearing listing them explicitly has...
Big data is only useful data when there is a business vision to ground it. Sears General Manager of “Big Data” Ankur Gupta, sat down with MPD CEO Karen Webster to discuss how data-driven retailers are using new tools and technologies to make omnichannel real...
How quaint. No voicemail and guaranteeing calls get answered within three rings. Hear why Jonathan Quin, CEO of UK-based World First thinks that competing with the big boys in the B2B cross border market means taking a page out of a playbook that is decades...
The mobile payments market just got rocked, as LoopPay announced it secured an investment from Visa. What does a card network that has invested tons in NFC and EMV want with a mobile payments solution that leverages mag stripe technology? Well, providing their issuers and...
Absolutely nothing. Of course, we wouldn’t expect Apple to show its hand regarding any plans it might have in the mobile-payments space. But with all the rumors circulating around the possibility, wouldn’t you think one inquiring analyst mind would want to ask CEO Tim Cook...
Many U.S. adults find using mobile wallets a convenient alternative to pay for things. But Nielsen says that since only about 40 percent of consumers use mobile payments of any kind, the big challenge is getting the other 60 percent on board. What will get...
Billtrust has provided outsourced B2B billing and payments services for suppliers for years. But their recent acquisition of Open Scan will enable much more – the ability to route payments to any method of payment. Billtrust founder and CEO Flint Lane told MPD CEO Karen...
Justice Department representatives and bank regulators got a scolding Tuesday as a House Financial Services Subcommittee grilled them on Operation Choke Point. They defended the crackdown as necessary for consumers; but some Members of Congress really begged to differ.
