Maryland-based fee-free ATM network provider Allpoint Network announced a new partnership with Discover on July 22, a press release for the company said. Discover card users can now gain free access to cash at Allpoint’s network of 43,000 ATMs. “In the direct banking environment, account...
What leads an established payments powerhouse to reengineer an already popular platform? According to Julie Loeger, SVP of brand and acquisition at Discover, the answer is simple: listening to the consumer. PYMNTS.com spoke with Loeger to get a behind-the-scenes look at the creation of Discover’s...
What does the concept of the “Global Mind” entail? At The Innovation Project 2013, we’re determined to find out. First coined by former Vice President Al Gore around eight years ago, the Global Mind is the result of technology connecting people and information from all...
eBay has acquired the platform and personnel from the Gifts Project, an Israeli social commerce venture that lets groups of friends come together to purchase a particular present. “The Gifts Project has been powering eBay’s version of the concept called Group Gifts for almost a...
Sometimes it helps to be reminded of the stunningly obvious. You know, like if you want to lose weight, why not just eat less and exercise more? My favorite business example is don’t compete where there’s lots of competition. Blue Ocean Strategy became an enormous...
Familiarity breeds trust, it seems, especially when it comes to mobile payments. By now, everyone and his mother-in-law has seen last week’s survey results touting Visa, MasterCard and AmEx as the top three trusted brands when it comes to mobile payments, with PayPal posting a...
There was a lot of great stuff that came out of the Payments Innovation Institute at Harvard last week but two anecdotes that have absolutely nothing to do with payments specifically, I think, provide some of the more thought provoking insights around the pitfalls and...
– Ask the Industry: Will Google Wallet ignite mobile payments? Share your thoughts here. Google’s announcement today of its NFC-mobile payments scheme is, with a few exceptions, a real textbook case study in what you need to do if you want to ignite a...
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....
