Let’s face it, the mobile payments landscape is moving as slowly as the proverbial LA traffic jam. There’s a purse or wallet full of reasons for the slow adoption in the US including legacy systems, cost, merchant reluctance, the strong appeal of card rewards, and ...
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Time flies when you’re in the payments industry and we’ve got some global payments news to help you quickly keep up with the latest. We look at Mitto, an innovative Spanish virtual card design for Gen Z and financed by mom and dad. Clarus Commerce ...
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Loyalty programs can generate substantial revenue when well-designed, created with substantial value and crafted to meet the needs of key customers. That old 80/20 marketing formula from your university business class still applies. That is, 80% of your revenue often comes from 20% of your ...
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Apparently, cash is not on its deathbed after all. At least not yet at Amazon. Amazon is partnering with Western Union to expand its PayCode service so US online shoppers can now pay cash to buy that next 10-in-1 Instant Pot, Fire TV Stick, Donkey ...
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Mitto is banking that 14-year-old and older Generation Z consumers will want their very own digital wallet and virtual debit card. All financed by mom and dad, of course. And it’s raised $2.2 million in new VC funding to reach out and touch Gen Z ...
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It’s one of the payment industry’s ugly secrets and for companies with a business built on subscriptions, it’s a revenue and business continuity risk that needs very close attention. Erich Litch, President & COO 2Checkout The problem is that some company databases are virtually held ...
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After being taken to the cleaners with any number of wild app ideas, it was just a matter of time before the haircut app was born. Introducing Shortcut – the app where you can find a five-star barber or stylist, book a haircut appointment at ...
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Another week, another payments news roundup. Let’s dive in. How could $35 million in payroll and tax accounts go missing from cloud provider MyPayrollHR? We investigate. B2B cart abandonment is a surprisingly big and costly problem according to new research from MSTS. A new business ...
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The $81 billion payroll processing business in the US is normally bedrock solid, made up of longtime players and innovative new payroll-as-a-service (PaaS), cloud-based fintech startups. Like the former subprime mortgage market, the US payroll industry seems too big to fail. MyPayrollHR just proved that ...
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China’s moves to advance artificial intelligence leadership are well-documented and reflected by the fact that 19 of the top 50 largest patent registrations in the AI space are Chinese companies. The three largest are still US companies – IBM with 3000 applications Microsoft (1955), and ...
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