| Venmo offers instant transfer to DDAs, Challenger banks raise record funds, Subscriptions change how online gaming plays to win | | | Subscriptions Change How Online Gaming Plays To Win The business model for monetizing a hit video game is undergoing its first major change in nearly 30 years. This disruption, centered around new platforms and upselling, Recurly Co-Founder and CEO Dan Burkhart tells Karen Webster, is undeniable and unchangeable. The question now for the businesses that are able to play to win in the space is whether they can adapt to the new, subscription-based, world order. |
| How Merchants Turn Showrooming Into A Sale Itâs baaack â that is if it ever went away. Consumers still use their mobile phones to showroom inside brick-and-mortar stores â but Jake Engwerda, senior vice president partnerships and sales at LISNR tells PYMNTS that smart retailers can use the mobile device â and payments â to turn showrooming into a sale. Hereâs how. |
| What Cambodiaâs Debt Crisis Means For Microlending Cambodia has a massive problem with consumer debt, brought on by the nearly $8 billion in microloans held by around 15 percent of the population. Itâs a crisis reaching a tipping point as citizens see their homes seized for unpaid debts. Itâs a difficult situation and a cautionary tale for the rest of the developing world where microlending has spent 20 years expanding. |
| Why Local Powers Global Recurring Payments Global expansion is only as good as the ability for merchants to collect payments from businesses and consumers in their local markets. Recurring payments, GoCardless Vice President and General Manager of International Expansion Pranav Sood tells PYMNTS, requires payments processes that are responsive to cross-border transaction challenges. Here’s a look at the landscape. |
| | Faster Payments Tracker™ | | Can On-Demand Pay Stop QSRs' Employee Churn? With a 132 percent annual turnover rate, at a cost of $2,000/worker, employee retention is no small problem for quick service restaurants (QSRs). On-demand access to payroll and tips, could turn the tide, says Instant Financial Co-Founder and CEO Steve Barha. Hereâs how real time can create a new payroll reality for those hourly workers and the restaurants that employ them. |
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