Payment Data.. Banks are NOT the problem
4
Category Archives: payments
Amazon 2% + PayPal Discover
Two HUGE payment events this week
- Amazon 2% Cash Back (see Forbes Article)
- Paypal/Discover/Google
Amazon 2%
Per Bloomberg, consumers that don’t want to go for the 5% back Amazon store card (SYF) can now link their DDA and earn 2% back. This may be the biggest payment innovation of the year!
Chase Net 2017
Its tough to find time to Blog as a CEO…. Most of you my blogs are sometimes snarky and tactless (making NOT offending someone a new consideration).
I was taking a look at JPMC’s latest investor presentation and noticed that ChaseNet is gone.. Why? I’ve written on JPMC and ChaseNet a number of times over last 6 yrs. Today I’ll cover my views on the latest developments and my views on JPMC’s ChaseNet strategy. Lets recap first:
PIN Debit at the POS
Most of you have read that Walmart, Home Depot and Kroger have launched new litigation against Visa for “PIN” and Debit. This issue is so complex it makes my head spin… For those unfamiliar with some of the basics see this article, my prior blog on PIN debit consolidation, AT Kearney, Digital Transactions: PIN Debit Claw Back and Pinless PIN Debit.
Browser Tokens – Payments in OS Part 4
My last articles on this topic were
- mCom/eCom Convergence – Payment in the OS
- ApplePay in Browser
- One Click for Ads – Facebook Pay??
- eCommerce Thoughts – What is fundamentally changing?
I’ll forgive you if you didn’t see the big news out of Google I/O. There is a MUST READ article in Android Police that is spot on. Summary? Google (Chrome/Android) and Apple (Safari) are ready to integrate payment tokens in the browser.. Buy buttons will be integrated into ads, product listings, or a single “pay” button with no subsequent user information to fill out “quasi one-click”. From Android Police
“One Click” for Ads
ApplePay in Browser – March 2016
News today from Jason at Re/Code – ApplePay in Browser this Year
OK.. so I was a year off! (see Blog ApplePay in Browser by Summer 2015).
Not much surprise here.. as I outlined in my January blog on topic ApplePay in browser has been for over a year. I don’t have time for a long blog so will make bullets on what I think are latest “big items”
American Express – My thoughts
Short Blog
One only has to read “The 5 Worst Stocks in the Dow Jones” to get an idea of AXP’s problems. American Express is one of the world’s top consumer brands, a global bank, 3 party payment network, rewards scheme, a talent powerhouse, …etc.
2016. Threats to V/MA? (Nope)
Changing Economics of Payments
2 Dec 2015
Happy ‘After’ Thanksgiving everyone, I’m coming out of my tryptophan coma and thought I would go for a mental stretch. This is a pretty big topic, and I won’t do it justice. Thanks in advance for your comments and perspective. [Note I’m not naming the titles of my reference blogs and used only URLs.]