Although a new TV commercial campaign called “What’s In Your GUI?” is unlikely, Capital One has set its sights on user interfaces and has purchased Adaptive Path, a San Francisco design firm. Adaptive Path co-founder and Chief Creative Officer Jesse James Garrett explained the move...
Visa CEO Charlie Scharf is trying to change the payments conversation, from reaching out to retailers—some of whom, he freely admits, “hate” Visa—to embracing mobile and cyber currency strategies, according to an extensive BusinessWeek profile published Thursday (Oct. 2). “A 4-foot-tall robot with a video...
PayPal once was the king of perception among younger shoppers, consumers who sought sites specifically that accepted PayPal, which was also more readily available to teens who would be unable to get credit cards on their own. But Apple Pay has sucked much of the...
Digital River, a commerce-as-a-service vendor, on Wednesday (Oct. 1) said that it would support Apple Pay on its mPOS line. “Today’s merchants are looking for support for emerging payments beyond magnetic stripe,” said Souheil Badran, senior vice president and general manager of Digital River World...
Bill Gates thinks Apple Pay is a powerful move forward for the payments space and anticipates it will set in motion a wide range of positive developments. In a Bloomberg TV interview, Gates said Apple Pay shows what is possible. “Apple Pay is a great...
Groupon is moving to modernize the grocery business, with a new mobile app—called Snap—that gives customers money back after they upload photos of their receipts. But while Groupon is trying to modernize grocery with its rollout Thursday (Oct. 2), inertia is forcing some of the...
A Detroit-based firm called Locqus is launching a mobile app designed to support small businesses—along the lines of “plumbers, handymen and landscaping companies”—to coordinate jobs and payments with customers. “After 18 months of development and securing $2 million in funding, the Detroit-based company is today...
Victor Ho, the CEO of 3-year-old loyalty firm FiveStars, has become a veteran of the capital-raising game as he has built his firm to support more than 5,500 merchants and about 4 million cardholding shoppers. Beyond learning that it’s true that one can’t raise money...
North American Bancard CEO Marc Gardner is not a big fan of shopping at large national retailers, saying that he much prefers a local boutique where personalized customer service is a much higher priority. The problem is that when he looks at his PayPal mobile...
