“Competition is better for everyone.” – Visa CEO Charlie Scharf A statement that sounds like exactly what you’d expect to hear from the leader of the largest payments network in the world. Until you consider the context in which it was said. Competition, Scharf believes,...
Amazon’s path to creating the Echo was not an easy one, as a recent story explains in detail. But from a troubled journey emerged a widely successful consumer product — one whose capabilities continue to expand thanks to tech innovators that are contributing to Alexa’s...
Banks — especially the smaller community banks — have developed a reputation for not being very innovative, despite putting forward a lot of innovation over the years. Witness — online and mobile banking. But just because they may have a bad rap for being innovative, that doesn’t...
About three weeks ago, at Innovation Project 2016, Amazon’s VP of External Payments, Patrick Gauthier, dropped a big hint about the direction that Amazon might be taking payments outside of Amazon itself. It was then during an interview with PYMNTS that he referenced the concept...