Post Tagged with: "Retail"

Open-Source Card-Linking Code Could Open Loyalty Programs to All

Open-Source Card-Linking Code Could Open Loyalty Programs to All

by January 9, 2017 at 12:36 pm 0 comments

The CardLinx Association has partnered with Microsoft to release open-source software for card-linked rewards programs, it was announced today. The move could open up rewards programs to a wide swath of retailers, particularly using mobile devices as the vehicle. Microsoft has made the code for its software Earn publicly available forRead More

Walmart Uses Prizes to Help Its MoneyCard Customers Save

Walmart Uses Prizes to Help Its MoneyCard Customers Save

by December 15, 2016 at 3:05 pm 1 comment

Walmart, in partnership with Green Dot, today announced “Prize Savings,” a cash rewards savings program conducted through its Walmart MoneyCard product. Walmart and Green Dot, which issues the retailer’s cards, partnered with national organization Commonwealth on the offering, a firm which has created PLS (Prize-Linked Savings) programs that have generatedRead More

Is Social Media Taking over E-Commerce? (Yes, And Facebook’s Already Winning)

Is Social Media Taking over E-Commerce? (Yes, And Facebook’s Already Winning)

by November 3, 2016 at 10:57 am 1 comment

If there’s one social platform out there that just might be able to steal e-commerce business away from Amazon, it’s Instagram–a visual, highly interactive and personalized platform that just added the ability for users to shop. This comes very soon after its parent company, Facebook, launched its own e-commerce marketplace, calledRead More

Diebold Nixdorf Debuts ‘Extreme’ ATM — Tiny and Contactless

Diebold Nixdorf Debuts ‘Extreme’ ATM — Tiny and Contactless

by October 26, 2016 at 8:25 am 1 comment

LAS VEGAS — Contactless payments are not new — card-free ATM transactions have been seen at fintech conference for years now — but they are getting more buzz lately, especially as the industry continues to debate the possibility of a cashless society. How consumers will interact with their money in theRead More

Best Practices for Monitoring Multi-channel Banking Environments

Best Practices for Monitoring Multi-channel Banking Environments

by March 15, 2013 at 3:53 pm 0 comments

Integrated, multi-channel retail banking is a reality – presenting increasing operational risk…and endless revenue opportunity for those retail financial institutions that are “ready”.

Key recommendations included:
* Adopt real-time transaction monitoring
* Monitor every transaction coming to and from your core banking system
* Use transaction-based monitoring and analytics to track the performance of external and internal service providers

PayPal at the Pump [VIDEO]

by February 26, 2013 at 12:45 pm 0 comments

Gas up with PayPal! The popular payments platform is now available at the gas station. Simply scan a QR code with your mobile device or enter a unique ID for the pump, and you’re ready to fill up and be on your way. PayPal is increasing its presence at point-of-sale,Read More

Signature Bank Offers a Peek at Pricing Competition, and It’s Brutal

Signature Bank Offers a Peek at Pricing Competition, and It’s Brutal

by January 23, 2013 at 11:00 am 0 comments

Not a day goes go by that banking competition does not seem to ratchet higher. In the latest sign of more pricing competition, Signature Bank offered investors a sneak peak at the money market rate war today, and it’s not pretty. Joseph J. DePaolo, president & CEO of Signature (ticker:Read More

Chase ‘Active’ Mobile Accounts Up +50% YOY to 12.4M

Chase ‘Active’ Mobile Accounts Up +50% YOY to 12.4M

by January 16, 2013 at 9:29 am 2 comments

The number of “active” mobile banking accounts at JPMorgan Chase & Co. climbed more than 50.7% last year to 12.4 million, the bank reported today. However, the growth rate of mobile banking accounts seems to have slowed at Chase in the fourth quarter. The company booked a 6.8% growth rateRead More

Jumiya, a Bank Account that Rewards Healthy Living

Jumiya, a Bank Account that Rewards Healthy Living

by December 13, 2012 at 10:11 am 1 comment

Put down that donut! Your bank account is watching. Meet Jumiya, a new venture seeking funding that is billed as “the [bank] account that improves as you do.” Jumiya’s promotional video (below) states that “health and finance are intimately linked.” Uh oh. Jumiya will reward members for checking into theRead More

Want a Sneak Peek at PayPal’s New Experience Marketing Center?

Want a Sneak Peek at PayPal’s New Experience Marketing Center?

by December 12, 2012 at 9:35 am 0 comments

Does your company have an experience marketing group? Do you even know what experience marketing is? If the answer to both those questions is “no” (or even if it is “yes”), take heed of PayPal‘s new experience marketing initiative, which recently unveiled in New York. Bank Innovation got a sneakRead More