Mobile Commerce

Mobile Commerce
Nordstrom Ties App Wanelo Into Real-World Shopping Experience
June 25, 2014

Nordstrom’s is trying to make real world shopping a little more like online shopping and perhaps just a little more social by integrating popular fashion rating app Wanelo into the in-store experience. According to Women’s Wear Daily, the high-end retailer is placing wall displays in...

Mobile Commerce
Morgan Stanley Gets New Mobile Checking Innovation
June 25, 2014

Morgan Stanley announced earlier this week that it has integrated mobile check deposit software from NCR Corporation to create a simple and convenient option for depositing paper checks for its wealth management clients. According to a company press release, Morgan Stanley used technology from NCR’s...

Mobile Commerce
Suncorp Bank Pushed to QR Codes By Apple
June 24, 2014

Suncorp Bank has officially launched a new feature for its mobile banking app for iOS and Android phones—QuickShare. The add-on allows users to transmit account details through SMS or QR codes, allowing payments to both other Suncorp customers or patrons of the wider banking world. The feature...

Will Alibaba Raise $26B In Its U.S. IPO?
June 24, 2014

The latest forecast from Morning Star is out for Alibaba’s IPO, and it is a whopper. According to The Wall Street Journal, the firm puts Alibaba’s equity value at $220 billion and predicts that the Chinese e-commerce mega-retailer’s IPO has raised $26 billion. If Morningstar is...

Alibaba Pushes Out New Suite Of mPay Services
June 23, 2014

Alibaba keeps the hits coming in the run-up to its U.S. IPO scheduled for some time later in 2014. It has now released Mashang Tao, a platform that allows brands and merchants to make QR codes that in turn can be used for in-store and...

Controversial
MoneyGram Adjusting To Walmart Competition
June 23, 2014

MoneyGram International has been the chief supporter of funds transfers for U.S. Walmart locations for some time, but the relationship became strained in April when the megaretailer launched its own, less-expensive U.S. store-to-store transfer program. During a recent analyst conference, Alex Holmes, MoneyGram’s CFO and...

Controversial
Square Co-Founder on Payments Innovation
June 20, 2014

Square co-founder Jim McKelvey is taking what he learned about innovation when launching Square to new start-ups in St. Louis. He believes that all successful innovators need three things to succeed, unless they are in financial services. In this week's Innovator Insight series MPD CEO...

Mobile Commerce
InMarket: Customers Love Bluetooth Beacons
June 20, 2014

A recent survey showed that customers who receive marketing messages through InMarket’s Mobile to Mortar (M2M) iBeacon platform were 6.4 times more likely to keep an app on their phone, versus those who did not. Over 25,000 U.S. consumers were interviewed, according to NFC World. In addition...

Digital Currency Deep Dive: Is Bitcoin Cheaper and More Efficient than Traditional Payments?
June 20, 2014

Remember the day when a coin was just a bothersome piece of metal that you were happy to toss in the tip jar to benefit the underpaid baristas at your local coffee shop? Well no more. Now a coin might be worth more than many...