Amazon Grocery Sales Surge 40 Percent, Walmart Redefines The Paycheck, Mastercard On Igniting Secure Remote Commerce.

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

July 20, 2018

ICOs

Easy Come, Easy ICO Go? For Investors, Easy Come … For Now

Flameouts. Scams. Investors who tread among ICOs are taking their shots in the Wild West. Only a minority of ICOs make it into their fifth month. However, as research from Boston College shows, returns are still positive— staggeringly so, as Hugo Benedetti, PhD candidate and the paper’s co-author, told PYMNTS’ Karen Webster. The question in a market where timing trumps the business model: for how long?

 

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Retail Reinvention

To Reinvent Middle-Market Fashion, First Reinvent The Social Influencer Model

Middle-market fashion today is controlled by social media influencers and celebrities, guiding many buyers to their final purchases, Touché LA Co-founder Karl Singer told PYMNTS. Helping those influencers build fashion brands of their own is what Touché LA is doing, and he says they’ve found the key to success: Reinvent the social influential model by figuring out who’s really influential.

 

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Secure Remote Commerce

Will Merchants, And Consumers, Warm Up To Secure Remote Commerce?

Secure Remote Commerce (SRC) promises a consistent and secure online payments experience, especially for infrequent purchases that require consumers to go through a “guest” checkout experience. But it’s not a given that retailers will accept SRC, or that consumers will use it. Mastercard’s SVP of U.S. Acceptance, Joel Henckel tells Karen Webster what it will take to get both on board.

 

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Financial Services

Walmart Redefines The Paycheck

Nearly 80 percent of U.S. workers live paycheck to paycheck, which means that saving money for the future gives way to surviving the here and now. Fresh off a $40M funding round, and six months into its partnership with Walmart, Even CEO Jon Schlossberg told Karen Webster that it provides 15 percent of the U.S. workforce with the option to tap into their paychecks sooner than the typical pay period allows. This has reaped some important employee and employer benefits — at the same time, it redefines what it means to live paycheck to paycheck.

 

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