On Wednesday (Dec. 9), Deloitte released a major mobile report and concluded that mobile payments is suffering from a payments industry self-inflicted wound: an almost criminal lack of shopper and store associate education about mobile payments. This is one of those good news/bad news situations. The good news is if the payments industry leaders act […]Read more "Deloitte: Ignorance Isn’t Bliss. It’s Killing Mobile Payments"
When Walmart last week introduced Walmart Pay, it was shown to be a simple app that would accept “any major payment type” but it would only work at Walmart. In short, it was the last thing that interchange-fee-hating Walmart wanted to do, especially in the mobile world. MCX’s original vision, a merchant utopia where transactions […]Read more "Walmart Pay: For The Retailer Who’s Given Up Trying To Get His Way"
It’s one of the payments industry’s worst-kept secrets that EMV merchant acceptance has been nothing shy of dreadful and the reasons for that are many. But an intriguing survey by the independent ConsumerWorld has put some numbers and quite a few names on the naughty/nice list of EMV supporters. It seems that a liability shift […]Read more "‘Twas Two Months After Liability Shift And At Every Retail Store, Not A Merchant Was Dipping, Not Even A.C. Moore"
Keri and Alesia enter seeking $100,000 for 10% of the business. They show some samples and how their software works, then they hand out samples of each Shark as a superhero. The Sharks love them! They tell the Sharks about how they learned about 3D modeling and marketing. They are not at market yet. […]Read more "3D Printing Funded on Shark Tank"
5 Reasons Firms Fear Big Data Analytics from Bill Decker Here is a quick big data slideshow about how data analytics arouses fear in people.Read more "Big Data Fears? Why Do People Fear Data Analytics?"
A patent doesn’t guarantee that Apple will produce a printer, however — as with most large design companies — the tech giant files and receives thousands of patents, for everything from haptic feedback systems to staircases to public transportation systems. And it’s highly unlikely that anything they might make would be open hardware, despite […]Read more "3D Printing From Apple?"
Patents and Patent Pendings issued give a fascinating glimpse into the thoughts, strategies and possible future product plans of payments company executives. Although many issued patents never morph into products, someone thought the idea was worth preserving as an option. But it can also include plenty of “What the heck were they smoking?” ideas. This […]Read more "Payment Patent Potpourri: MasterCard Wants To Combine Purchase History With Police Files"