Alipay now accepted at Mall of America, Biometric ID goes portable with CLEAR, What A&P can teach online platform critics.

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August 20, 2018

Workforce Spend Management Tracker™

NEW REPORT: The Hidden Costs Of Corporate Employee IOUs

More than one-third of U.S. workers wait two weeks or more to be reimbursed for business expenses, straining both employee bank accounts and retention. The latest Workforce Spend Management Tracker highlights the latest tech to turn these corporate IOUs into managed spend, and Frank Lee, co-founder of smart water dispenser startup Bevi, shares how his company is tackling spend management as it expands to international markets.

 

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The Monday Conversation

CLEAR CEO: Biometrics, Ballparks And Bridges To A Portable ID

CLEAR’s first fight with friction has been at airports nationwide, making it easy for consumers to skip the pre-screening line in favor of a faster and secure access. It’s a natural use case for the biometric ID profiles CLEAR creates, but far from its last. CEO Ken Cornick told Karen Webster why CLEAR sees its expansion to ballparks as a bridge to building a ubiquitous and secure portable consumer identity.

 

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Digital Discussion

izo: Dancing To The Beat Of Automated Payables

An online platform that finds and promotes new singers, musicians and dancers must also manage those payments flow. Global music platform izo, CFO Dan Steinberg and Karen Webster offer a preview of tomorrow’s live discussion that will dig deep into how the platform co-founded by Madonna dances to the beat of automated, digital payables.

 

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Payments Innovation

Online Platforms: Why Consumers Rule And Regulators Don’t

Seventy-two years ago, the courts ruled that the largest retailer in the world — The Great Atlantic & Pacific Tea Company — violated antitrust laws, and for a very peculiar reason: Its innovations lowered prices for consumers. Consumers weren’t complaining, but competitors were. That verdict did little to stop the A&P train, until 30 years later when something else did: the consumer. Karen Webster says there’s a lot that innovators and regulators can learn from the A&P story.

 

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