March 15, 2010
5 Burning Questions: ChargeSmart’s COO Philip Mikal
Philip Mikal is Chief Operating Officer of ChargeSmart, a provider of online payment solutions to the financial and mortgage industries. Headquartered in San Francisco, ChargeSmart enables customers to pay their...
March 12, 2010
Why the Payments Industry Needs a Catalyst to Drive Payments...
I’ve explored how invisible engines drive innovation and transform industries. I’m now going to explain how they will do that in the payments industry. This entry explains why the payments...
March 12, 2010
Perhaps It’s Time to Mothball the Mighty Mag-Stripe?
Stop me if you’ve heard this one: A Martian travels to Earth and examines the U.S. payments system. He is perplexed by the dogged persistence in using a 40-year-old technology...
March 12, 2010
U.S. Retailers Face $191B in Fraud Losses Each Year
U.S. merchants are incurring $191 billion in fraud losses each year, according to a report released by LexisNexis® Risk Solutions. Among the findings, the 2009 LexisNexis® True Cost of Fraud...
March 11, 2010
What’s in the Cloud for Payments?
When we speak of “payments in the cloud” we are using the term in a broader sense than it is usually used in the information technology world. Cloud computing simply...
March 10, 2010
The New Age of Invisible Engines: How Software Platforms Will...
The invisible engine model followed by Apple’s iPhone has helped power the information technology industry for about three decades. Apple itself was one of the pioneers in encouraging developers to...
March 08, 2010
How the iPhone Invisible Engine Provided a Catalyst for the...
The iPhone provides a potent illustration of the invisible engines/catalyst business model. By the end of 2009 there were more than 100,000 applications available for the iPhone. These applications have...
March 08, 2010
Square vs. VeriFone: Who Will Win?
PYMNTS.com asked IP Commerce‘s Platform Evangelist, Tyler Hannan, to weigh in on the battle brewing between Verifone and up-start Square, and to look at its impact on the payments industry....
March 06, 2010
An Examination of Mobile Banking and Mobile Payments: Building Adoption...
This paper examines consumer adoption of mobile banking and mobile payments using the experience goods and learning by doing constructs as a framework to better understand adoption patterns in the...
