Upgrade launches debit rewards, Toshiba Commerce offers retailers Amazon Go at scale, Most consumers find bank web content lacking

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January 14, 2021

Retail Digital Shift

New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’

For many retailers, the digital shift was hobbled by legacy IT systems and integration complexities. Toshiba Global Commerce Solutions CEO Rance Poehler told Karen Webster that its new commerce platform, Elera, enables microservices that delivers “Amazon Go at scale” for large format grocery stores and retailers.

 

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Breaking News

Upgrade’s New Debit Rewards Product Takes New Approach To Mobile Banking

After the launch of its installment credit product in October 2019, Upgrade is adding mobile banking to its portfolio of consumer lending products. CEO and Founder Renaud Laplanche told Karen Webster that offering a mobile bank account with debit rewards reflects a new way of using mobile banking to monetize customer relationships.

 

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Digital Identity Tracker

Video, Facial ID Become Tools To Vet And On Board Remote Workforce

Hiring and vetting job applicants remotely has become par for the course, but not all companies know how to verify job applicants' identities digitally, says Alicia O’Brien, vice president of innovation at global hiring and recruitment firm WilsonHCG. O’Brien tells PYMNTS how businesses can tap video tools and facial recognition technology to vet and onboard employees around the globe.

 

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Pakistan's Digital Payments

Mobile Payments Bridge Cash And Digital Divide In Pakistan

In the move toward digital payments, building trust in bank accounts and payments done in bits and bytes is critical, especially in Pakistan. It’s important to have a “cash in, cash out” mindset, as Erwan Gelebart, CEO of digital wallet, mobile payments and digital banking provider JazzCash, tells Karen Webster.

 

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Rewards Cards 

Mastercard’s Saxena: Walgreens Deal Addresses Dual Priorities Of Payments And Healthcare

At its core, the Mastercard and Walgreens relationship is about payments. But that’s not all. Mastercard’s Kush Saxena, executive vice president, merchants and acceptance, told PYMNTS that the relationship will continue Walgreen’s progress into the digital-first economy andalso address Mastercard’s ventures into healthcare.

 

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Retail Banking Services’ Paradigm Shift Report

NEW DATA: Relevance Test: Majority Of Consumers Find Bank Web Content Lacking

More than half of consumers find information on their financial institutions’ websites to be irrelevant to their needs because it is too generic and not at all dynamic. In the Retail Banking Services’ Paradigm Shift Report, PYMNTS surveys 2,209 consumers to examine the role of on-demand, personalized and contextual video content in engaging consumers and driving conversions.

 

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