| Square buys website builder Weebly, EVO preps to go public, Starbucks loses its mojo. | | | With Surging Profits (And Creeping Costs), Amazon Ups The Price Of Prime It was a big earnings day for Amazon, as the firm posted revenue figures $1.25 billion in excess of what analysts were predicting. But all eyes were on Prime this time around â because the cost of membership is about to go up, as Amazon vows to add even more value to the Prime package. Did someone say Whole Foods? |
| Mastercard: Serving The Financial Needs Of 'The New Middle Class' One hundred sixty million Americans have low or no credit scores. Thatâs 160 million people excluded from the traditional economic framework, Mastercard EVP Sherri Hammond told Karen Webster â people who need access to credit and financial management tools just as much as, if not more than, their more well-off counterparts. Hammond says that Mastercardâs recent partnership with Elevate is one way to help. |
| How To Future-Proof A Financial Institution The pace of payments evolution isnât about to slow down and wait for financial institutions to catch up. Instead, FIs must take the steps to âfuture-proofâ themselves against the unknowns that lie ahead. Troy Hagey, KPMG, outlines how this can be done â and why itâs a must for banks. |
| | Checkout Conversion Index™ | | NEW DATA: Solving Retail's $236B Mobile Checkout Conundrum Consumers are mobile-first, but many merchants arenât. In Q1 2018, eTailers continued to struggle with reducing online and mobile checkout friction and put $236 billion in sales at risk, according to the latest PYMNTS Checkout Conversion Index. Even though overall performance â as measured by Index scores across all merchants â declined slightly, our look at 600 merchants and 70 checkout variables did find some bright spots. Want to know what merchants are doing to optimize their mobile and online checkout experience â and what most have yet to address? |
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