Small banks face big credit card losses, Uber disputes minimum wage claims, Will Facebook advertisers find safe harbor with Amazon?

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March 5, 2018

Smart Cities

Moovit CEO: How Mobility Data Makes Cities Smart

Transit infrastructure worldwide has reached a breaking point, and Moovit co-founder and CEO Nir Erez says it will only get worse unless better data about new mobility options can be shared. Erez tells Karen Webster how urban planners are using real-time mobility data to fashion new incentives that moves millions from point A to point B more efficiently, without digging up streets or building new roads.

 

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Merchant Services

TSYS’ McHugh: Why Integrated Payments Is What’s Next

Merchant services is newly in TSYS’s sights in the wake of closing its deal to buy Cayan. Philip McHugh, EVP and president of TSYS Merchant Solutions, tells Karen Webster how TSYS plans to integrate the firm’s software integration experience into its platform offerings in a space where you either play big, he says, or go home.

 

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Regulatory Tracker

ICOs, SEC And Wait And See?

The SEC fired a regulatory shot across ICOs’ bows last week, sending out information requests and subpoenas to a slew of firms. The door opens for more oversight, and perhaps a freezing effect on the token sales, even while illuminating a darker corner of the cryptocurrency realm.

 

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Ad-Supported Platforms

Who’ll Win When Facebook Advertisers Flee?

P&G’s brand chief made news last week when he said that cutting $200M from his digital ad spend in 2017 had no impact on his business. Karen Webster thinks Google/YouTube and Facebook’s losses are now Amazon and Google/Search’s big wins — since both are in the business of monetizing a consumer’s intent to buy. Think intent, not content, she says — then watch two of 2018’s power brokers create a win-win for the brands looking for a trusted place to meet consumers and do business.

 

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