What Does the Credit Card Market Have In Common with a Peacock?
by Joshua M. Frank
The credit card industry is highly concentrated. Ninety percent of the lending market is controlled by the top 10 issuers,...
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- Asbury Automotive Group to Present at Upcoming Bank of America Merrill Lynch 2010 Consumer Conference
- Fitch Rates Anadarko Petroleum's Sr. Note Issuance 'BBB-'
- VF To Present at Bank of America Merrill Lynch Consumer Conference
- Navistar Reports 1Q $17M Net Income Despite Continued Weak Industry
- Equity One Announces Offering of 4.2 Million Shares of Common Stock
- MetLife Chairman, President & CEO to Speak at Citigroup Conference
- PlasmaTech, Inc. to Showcase Products in the ISC West Conference and Expo in Las Vegas, March 24-26
- Bluepoint Solutions Joins the VMware Technology Alliance Partner Program
- MoneyGram International and SUPERVALU Extend Alliance for Money Transfer Services at 1,000 Grocery Outlets
- Argility Partners with Quinnox for Retail Solutions
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How the iPhone Invisible Engine Provided a Catalyst for the Mobile Phone Industry
The iPhone provides a potent illustration of the invisible engines/catalyst business model. By the end of 2009 there were more than 100,000 applications available for the iPhone. These applications have been downloaded more than 3 billion times since Apple opened its iPhone store in July 2008. Apple's success has shaken up the mobile phone industry in many countries around the world. It has unleashed tens of thousands of entrepreneurs and created a multi-billion dollar application industry for mobile devices. Here is how an invisible engine helped make this.
Square vs. Verifone: Who Will Win?
PYMNTS.com asked IP Commerce's Platform Evangelist, Tyler Hannan, to weigh in on the battle brewing between Verifone and up-start Square, and to look at its impact on the payments industry.
The Invisible Engines that Transform Innovation Drive Innovation
The use of software platforms to drive innovation and transform industries has exploded since the 2006 publication of my book Invisible Engines with MIT Professor and former Sloan School Dean Richard Schmalensee and Harvard Business School Professor Andrei Hagiu. Around the globe, invisible engines are ushering in a new era of technological change based on software. The Apple iPhone has shaken the mobile phone industry worldwide in part by creating a massive applications business built on the phone's operating system. Firefox has revolutionized the browser industry by encouraging developers to write add-ons and in doing so toppled Microsoft's Internet Explorer from dominance in many countries. Facebook has created a powerful social networking platform by opening itself up to developers. Amazon has started cloud-computing platform that enables entrepreneurs to access its vast software code, hardware and global communication systems over the Internet.
Evans Study Cited in WSJ Lead Editorial
David S. Evans, frequent PYMNTS.com contributor and author of Paying with Plastic, was cited in today’s Wall Street Journal’s editorial for his influential work in opposition of the Consumer Financial Protection Act.
Why the MasterCard and Visa IPOs Were the Most Significant Development of the Last Decade
Why the MasterCard and Visa IPOs Were the Most Significant Development of the Last Decade
The Marriage of Mobile and Payments Make the World a Better Place
The Marriage of Mobile and Payments Make the World a Better Place
Debit Takes the Plastic Throne in the U.S.
Debit Takes the Plastic Throne in the U.S.
Innovation Driven by Prepaid Cards
The use of prepaid cards has exploded during the first decade of this century and they have enabled many types of payment innovation from whipping through transit lines to helping disaster victims to transferring money to mom in Mumbai.
What Has a Bigger Head and Longer Tail? Card Issuing
Its head has gotten bigger and the tail longer and skinner. I'm not talking about a scary monster but about the distribution of purchasing volume for the credit and debit card issuers in the United States.
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- Asbury Automotive Group to Present at Upcoming Bank of America Merrill Lynch 2010 Consumer Conference 12 mins ago
- Fitch Rates Anadarko Petroleum's Sr. Note Issuance 'BBB-' 17 mins ago
- VF To Present at Bank of America Merrill Lynch Consumer Conference 39 mins ago
- Navistar Reports 1Q $17M Net Income Despite Continued Weak Industry 42 mins ago
- Equity One Announces Offering of 4.2 Million Shares of Common Stock 51 mins ago
- MetLife Chairman, President & CEO to Speak at Citigroup Conference 1 hour ago
- PlasmaTech, Inc. to Showcase Products in the ISC West Conference and Expo in Las Vegas, March 24-26 1 hour ago
- Bluepoint Solutions Joins the VMware Technology Alliance Partner Program 2 hours ago
- MoneyGram International and SUPERVALU Extend Alliance for Money Transfer Services at 1,000 Grocery Outlets 2 hours ago
- Argility Partners with Quinnox for Retail Solutions 3 hours ago
- USC Keston Institute Hosts California Bond Forum under Halo of State Legislature’s Historic Action on Water Issues Nov 05, 2009
- Fitch: Phibro Acquisition May Create Additional Risk for OXY's Credit Quality Oct 09, 2009
- Heartland Payment Systems Announces New Time for Conference Call to Discuss Third Quarter 2009 Results Oct 30, 2009
- Industry Reaction to American Express' Move to Buy Revolution Money Nov 18, 2009
- 1-800-FLOWERS.COM Announces That It Will Not Renew Its Contract for Third-Party Administration of Its Membership Program and Will Eliminate Data-Passing of Credit Card Information Dec 23, 2009
- Hyatt Place® and Hyatt Summerfield Suites™ Reward Guests with $20 Prepaid MasterCard® Gift Cards Sep 29, 2009
- GE Capital Retail Consumer Finance Extends Consumer Credit Card Program Partnership with JCPenney Nov 06, 2009
- Clinverse Completes $2.2 Million Series A Private Equity Financing Oct 19, 2009
- San Francisco Fire Credit Union Relaunches Its Investment Program with CUSO Financial Services L.P. as its Broker Dealer Nov 11, 2009
- Consumers Entering Holiday Season More Joyful Than Gloomy with Plans to Give; Gift Cards Top the List Nov 16, 2009
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