Goldman tests wealth management app, Amazon delays fulfillment fee hike, Payments orchestration helps make the instant sale

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

December 23, 2020

Loyalty Programs

Mastercard: Consumer Experience Is Loyalty’s New Currency

Points and rewards are still important and relevant, but mean nothing without a positive customer experience, Mastercard Loyalty and Engagement President Francis Hondal tells Karen Webster. She adds that the digital shift is making a reimagining of loyalty programs urgent.

 

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5G And The Connected Economy

5G Adoption Set To Accelerate Next Year

It’s been a wild year for 5G, with conspiracy theorists at one point inexplicably blaming the new data-network technology for causing COVID-19. But Cellwize Chief Operating Officer Dan Weil tells PYMNTS that far from slowing 5G’s adoption down, the crisis has actually accelerated it by showing how badly the world needs the system’s advanced speeds.

 

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Financial Literacy For Teens

FinTech Step Aims To Create The Concept Of ‘Family Banking’

A 6-year-old recently racked up $16,000 of charges for online gaming on his Mom’s iPad, while a teenager put a dent in his dad’s checking account playing Fortnite. Such tales don’t surprise Step CEO CJ MacDonald, who says that schools and families do a bad job teaching kids about money. That's why Step’s ‘family banking services’ — bank accounts and payment cards for teens — come with built-in budgeting and financial-education tools.

 

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Payments Orchestration  

Payments Orchestration Helps Digital Goods Companies Make The Instant Sale

‘Payments orchestration’ is the choreography behind being able to access different payments gateways and services. Spreedly’s Luke Evans and Peter Mollins, tells PYMNTS that it means the difference between a merchant getting digital goods to an end user who pays instantly — or losing a sale entirely. 

 

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Self-Driving Vehicles

Car Wars: Apple And Tesla Could Go Head-to-Head By 2024

Look out, Tesla: Apple is planning to build its own self-driving electric car. The timing of such a venture coincides with the gradual but broad industry effort to make driverless cars a reality — an advance that’s almost entirely linked to technology rather than traditional mechanical engineering. Something that's right in Apple’s wheelhouse. 

 

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Digitizing B2B Payments Tracker 

AI, Automated Tools Root Out The Dental Industry's Insurance Payout Pains

Sluggish, paper-based insurance claims and payouts can leave dentists waiting weeks or even months to get paid — delays that can impact their cash flows. In this month's Digitizing B2B Payments Tracker, Arthur Schoen, vice president at Aspen Dental Management, explains how insurance providers use artificial intelligence (AI) and digital tools to process and pay claims faster.

 

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What's Hot


Trump Blasts COVID Relief Package; Wants Bigger Stimulus Payments


Goldman Testing Wealth Management App For The Masses


US Consumer Confidence Drops In December


Restaurant Owners Say New PPP Package Falls Short


HealthTech Insurer Oscar Joins The IPO Bandwagon


Italian Government Offers Cash-Back Incentives To Shoppers Who Use Credit Cards


Amazon Delays Merchant-Fulfillment Fee Hikes Until June


SEC Files Lawsuit Against Ripple Over Unregistered Securities


Most US CFOs Say Economy Will Improve With COVID Vaccines


Bitcoin Daily: Italy's Banks Test Digital Euro On DLT


Best Of Yesterday 


Paytronix CEO Robbins Says DoorDash Still Has A Lot To Prove


Amex: Three Skills That Helped SMBs Navigate 2020’s Digital Shift


Piecemeal Order-To-Cash Innovation Won't Cut It For Cross-Border Commerce


 

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