| PYMNTS releases latest mobile pay usage stats, Overdraft fees hit $15B in 2016, Blue Apron cuts 24 percent of workforce. | | | #KillTheCheck Podcast Series |
| A Brave New World Of (Push) Insurance Payments
Insurance companies serve as critical safety nets for people and businesses, but most are still playing catch-up when it comes to the speed and experience of paying claims. What will it take to get the behemoths to kill the check and get with the digital program? Ingo Money CEO Drew Edwards tells Karen Webster how they can shorten the claims payout process â for real â in the latest installment of our âKill the Checkâ series. Read More... |
| Western Unionâs P2P Partnership Push
How does a 166-year-old company compete with the new FinTech startups? By partnering with the âTechâ guys who want to put the âFinâ in their offering, Western Unionâs Chief Technology Officer David Thompson says.
Read More... |
| Prosper Falls, Uber Gets Credit And Charge-Offs Keep On Climbing
Summer is winding down, yet somehow payments and commerce always manage to keep things hot. Last week we learned that the less than prosperous Prosper Marketplace is likely to take a big valuation haircut, and Uber and Lyft want their own credit cards â just in time for credit card defaults to reach four-year highs. Read More... |
| | PYMNTS/InfoScout Mobile Payments Adoption Tracker | | What Walmart Pay Knows That Apple Pay Doesnât
The latest PYMNTS/InfoScout mobile payments adoption stats are in â and itâs now pretty clear, Karen Webster says. After nine quarters of asking thousands of consumers why (or why they didnât) choose Apple, Android, Samsung or Walmart Pay to check out in a physical store, consumers donât seem that interested in a new way to pay at an old checkout experience in a store. That spells trouble if youâre Apple Pay â here in the U.S. Webster says, and probably in China and India too. But maybe not if youâre Walmart Pay, where usage has, in just one year, comethisclose to levels that itâs taken Apple Pay three years to achieve â but not consistently maintain. We have all of the details (and lots of charts, too). Read More... |
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