When explaining the economic “DNA” of Market Platform Dynamics, I always describe it as having its roots in the work of a genius French economist, Jean Tirole a long-time colleague of the two economists who also happen to be our Chairman and Founder, Dick Schmalensee...
With a requirement of being able to accept NFC at all stores right away, it’s not surprising that the list of retailers with no plans to immediately support Apple Pay is huge. Add to that fact that some chains have competitive reasons to shun Apple Pay...
The preparations for Apple Pay’s launch are in motion, with a Walgreens memo saying that it will launch Saturday (Oct. 18). “Customers that participate in Apple Pay will immediately be able to use the service,” said the Walgreens memo to store managers, according to a...
The launch of Apple Pay has kept everyone in payments pretty busy speculating about its impact to others with digital wallet/account ambitions. What’s been ignored, at least so far, is the impact of Apple getting into payments on every other facet of the payments ecosystem....
Want to be the smartest person in the room on Monday morning? Check out a few of the stats that you may have missed last week about Apple Pay, PayPal and consumer spending. 100 Billion | PayPal’s projected market cap At least that’s what The...
Digital security solutions provider for the mobility space, Oberthur Technologies, announced the launch of its first payment card integrating dynamic Card Verification Value/Code technology from NagraID Security (NIDS) to secure online transactions, according to a company press release.
When it comes to mPOS there are only three things that merchants want: business apps, business apps, and business apps. That’s what ROAM’s VP of Marketing and Solutions Scott Holt told MPD CEO Karen Webster that he’s hearing from his customers. Oh, and how they...
Investor extraordinaire Carl Icahn sees Apple Pay as one of several factors that is going to propel the Apple and its new iPhones. In a letter to Apple CEO Tim Cook on Thursday (Oct. 9), Icahn offered a variety of observations and insights into what...
As the hoopla over Apple Pay wanes, skepticism is beginning to set in — even among executives at big retail chains that will be rolling out Apple’s new payment system later this month. On Tuesday (Oct. 7), Target director of finance Bill Ramsey told a...
