Travelex attack halts UK bank FX service, Grubhub denies it’s for sale, Visa on road-tripping into connected commerce’s future

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January 10, 2020

Connected Commerce

Visa: Road-Tripping Into Connected Commerce’s Future

With new connected vehicle services projected to generate as much as $1.5 trillion in additional revenue for the auto industry by 2030, lots of players are scrambling to get their slice of the pie. As CES comes to a close, Olabisi Boyle, vice president, Internet of Things, at Visa, talks with Karen Webster about the massive shift to reach the seamless, connected ideal for payments and commerce — behind the wheel.

 

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This Week In Payments

This Week In Payments: Feeding The Hunger For Innovation, Sometimes Literally

The headlines flew fast and furiously this week as the payments and commerce industry got back to business. McDonald's expanded its high tech team, it got a little bit easier for Alexa fans to buy gas — and Grubhub seemingly started fishing for a buyer as it continues to struggle in the increasingly crowded food delivery space. Andrew Robbins, Patyronix CEO and co-founder gives Karen Webster the lowdown on what it all portends.

 

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Voice Commerce

Fiserv: Why Gas Is Just The Start Of What Alexa Will Pay For

Among the most notable news from International Consumer Electronics Show (CES) was ExxonMobil, Amazon and Fiserv announcing their partnership for consumer gas payments at the pump via Alexa. Fiserv’s head of global digital commerce Nandan Sheth tells PYMNTS that the broader goal is an ecosystem where consumers can command order practically wherever and whatever they want — from a variety of voice assistants.

 

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SMBs

How Mom And Pops Can Survive Retail’s Apocalypse

For the mom and pop shops lining Main Street USA, unique inventories and distinct shopping experiences are key for competing with the likes of Amazon. Marcelo Cortes, founder of Faire (and formerly of Square Cash), a B2B marketplace that match-makes small merchants with makers and manufacturers, tells Karen Webster how to give mom and pops what they need to stand out in a crowded commerce field.

 

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Intelligence of Things Tracker™

Why An API May Be The Ticket To Solving Public Transit’s Cash Flow Jam

From London’s Underground to NYC’s MTA, transit systems are digitizing ticket purchasing to boost ridership and reduce consumer friction. But most still rely on old-school physical vending to facilitate purchases, which can cause data and cash flow issues. In this month’s Intelligence of Things Tracker, Eric Kaled, president of smart fare solutions provider Genfare discusses the viability of application programming interfaces (APIs) to optimize transit services, and why a one-size-fits-all approach to APIs doesn’t work.

 

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