Cash App drives Square Q2 earnings, Kabbage reportedly shopping for buyers, Coinstar CEO on turning cash into crypto

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August 5, 2020

Digital Identity Tracker™

Report: Skillz Takes Bowling Online — And Strikes Out Bad Actors

Not many consumers are making their way to bowling alleys these days, so some operators see the chance to strike it big by taking bowling online. In this month’s Digital Identity Tracker, Vikram Rao, director of financial planning and analysis at mobile gaming platform Skillz, explains how bowling apps are using new novel digital ID tech to strike out the bad guys and spare legitimate consumers.

 

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Tech Innovation

Tapping Tech To Redesign How We Use Physical Space Going Forward

Millions of office staffers are now WFH, but that won’t last. Andrew Farah, CEO of property-analysis firm Density, tells Karen Webster that while Big Tech might tell employees they can work from home through next year, that’s not an option for most companies. That’s why he says his firm is busier than ever as companies try to plan how to safely utilize their existing spaces.

 

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Retail Strategy

How Thrasio Turned Buying Amazon Third-Party Sellers Into A $1B Business

The business model at Thrasio is simple — find third-party Amazon sellers and snap them up. In fact, the company has mastered that game at warp speed, fast-tracking itself to a $1 billion valuation. But now, CEO Joshua Silberstein tells PYMNTS, his company is changing as the market changes. Here’s how.

 

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PYMNTS Masterclass

Fiserv: Merchants And The Need Of Multilayered Security In A Digital-First World

The opportunities for merchants to reach consumers in the Digital 3.0 world are myriad. That's the good news, according to Tim Horton, Fiserv’s head of global merchant security and fraud protection. So long as they can keep fraudsters from beating a path to those digital front doors. He explains how merchants can fight back.

 

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Western Union Earnings

Western Union CFO On Q2 And The New-To-WU Consumers' Big Digital Shift

The second quarter saw some rough seas for Western Union as its retail business declined sharply in the face of pandemic-related shutdowns. But Chief Financial Officer Raj Agrawal tells Karen Webster that the company’s digital business also surged during the quarter, in part thanks to higher-income, new-to-WU customers who seem likely to stick around.

 

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Cash To Crypto

Coinstar CEO On The Ongoing Journey To Digitize Cash (And Turn It Into Crypto)

The great digital shift has brought all manner of activities into the virtual realm, which would seem like bad news for Coinstar and its ubiquitous machines that allow consumers to turn their pocket change into gift cards. But CEO Jim Gaherity tells PYMNTS that the stage is set for turning physical currency into bits, bytes and cryptocurrency — a great application he says for his company’s kiosks. Here’s why.

 

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What's Hot


Cash App Drives Square Strong Q2 Results


Study: COVID-19 Fraud Reaches $100M


Walmart Exec Who Lead Health Clinic Push To Exit


LendingClub Says Investor Demand Shows Early Signs Of Recovery


TikTok Saga Has Potential Backlash For US Tech In China


Barrons: Online Lender Kabbage Shopping For Buyers


FinTech Paya To Go Public Via SPAC


Banks Toughen Lending Requirements For Consumers, Businesses


Klarna Boosts Social Shopping With Shareable Wish Lists


Bitcoin Daily: Crypto Exchange Bitfinex Puts Up $400M Reward For Stolen Bitcoin; New US Federal Reserve Policy Could Boost Bitcoin Prices


Best Of Yesterday 


Visa’s Kevin Phalen: Global SMBs Get Back To Business Optimistic About The Future


BBVA On Google, Digital Banking And The Rise Of The ‘Everyday App’


JPMC: Why Working-Capital Trade Finance Is On The Rise


 

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