Global financial inclusion surveys show that there are billions of low-income individuals who want a safe place to save, and evidence suggests that they are willing to pay for it. Many low-income individuals are currently able to store small values with licensed financial service providers....
Editor’s Note In the world today, few topics are more talked about and less understood than “cyber security.” Almost daily, it seems, we hear of another threat to the computer systems that support and control the world’s critical infrastructure. Attacks on government and industry...
Introduction Private ordering, rather than government intervention, has been the primary force behind the development of data security measures in the payment card industry. [1] Government intervention often occurs in response to security breakdowns, which draw attention to weaknesses in the private ordering regime....
A History of Your Stuffed Wallet For centuries, people walked the planet with small pouches crammed with coins and other forms of money, never worrying about their ability to pay for an item at their local merchant (unless, of course, they had no money)....
Editor’s Note At its core, social commerce is about connecting people where they buy and letting people buy where they connect. Dell, a brand in a segment not typically associated with “social shopping,” was really among the earliest adopters of technologies and tactics that...
Google has signaled that it will do two things no one else in the payments ecosystem has done or even talked about: make a business case for merchants and consumers around NFC and maybe even put some real money behind it. Google has obviously made...
Google and Apple made news last week when they announced their respective plans to help publishers monetize their content. Less than 24 hours after Cupid worked his magic on Valentine’s Day, Apple began a subscription payment service that lets customers pay for content that magazine...
Valentine’s Day has come and gone, but the weeklong “Loves Me” or “Loves Me Not” series on PYMNTS.com is just beginning. The fourth stop for the Market Platform Dynamics team is ‘Rewards’: loves me or loves me not? Karen Webster: Loves Me The card industry...
Reader Warning: My usually sunny demeanor has been replaced by a little crankiness, given an unfortunate, unintended consequence of the snow and ice that has plagued Boston for what seems like months now. Last Tuesday, I slipped on the ice and broke my right wrist....
