So here’s the good news: Famed venture capitalist Marc Andreessen thinks Apple, as a tech company, will do “extraordinarily well” over the long term and is gaining strength. But in an interview with Bloomberg West, that’s sort of where the kudos stopped. When the conversation...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
American Express on Wednesday (Oct. 16) reported third-quarter net income of $1.5 billion, up 8 percent from $1.4 billion a year ago. The card brand also reported that diluted earnings per share was $1.40, up 12 percent from $1.25 a year ago. Overall, the business...
Apple Pay training documents are now again pointing to Monday (Oct. 20) as the date when Apple wants retailers to start offering shoppers Apple Pay, according to a MacRumors story. This seems to be verified by a 9to5Mac story that quoted from a memo from...
Mark Twain famously said “rumors of my death have been greatly exaggerated,” and though the statement is actually a slight misquote of a correction Twain once sent to a newspaper for his incorrectly run obituary, it is a sentiment that Square can likely relate to...
The problem with the B2B payments mindset is that financial players still focus on the money transfer element, when it’s the data that has to rule. This is colored mostly by the fact that B2B payment professionals also happen to be consumers. And the important...
The reigning buzzword champion – omni-channel – is dead. There, I said it. Someone had to. It’s dead before it really got a chance to live and we’re all better for it. What is omni-channel? It’s an unrealistic goal. It’s not a consumer path or...
Click here to see this week’s investment tracker. Interview With Spreedly Tokenization is not a new idea, but since the announcement of Apple Pay and its much-praised tokenized security protocol, it is a hot idea. Lately it seems a consensus is emerging amongst payment...
The idea of using American Express points to redeem various rewards is hardly new, but in a joint rollout with McDonalds, the idea is to redeem these rewards in realtime. Stressing that “there are no codes and no registration needed,” diners ordering at the counter...
