Apple Pay tests order ahead, Facebook shared data with smartphone makers, Ingo Money moves to kill insurance checks.

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

June 4, 2018

The Monday Conversation

Ingo Money And Prelude Software Team To Kill The Insurance Check

Insurance customers waiting for a claims check want what all people waiting for money want: to get their money faster, and not by check. That, as Drew Edwards, CEO Ingo Money and Bill Clausen, EVP Prelude Software told Karen Webster, is the universal truth that insurance carriers are waking up to, but have found easier said than done. But today — with the newly announced partnership between Ingo and Prelude — Edwards and Clausen contend that the insurance industry took a big step forward in killing the (claims) check.

 

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Contactless Mobile Payments

NXP Teams With Mastercard And Visa To Make Mobile Payments Turnkey For OEMs

Today, NXP Semiconductors is teaming with Mastercard and Visa to launch mWallet 2GO, a white-label service aimed at simplifying the design and provisioning of contactless mobile wallets and igniting mobile payments. As Rafael Sotomayor, NXP Semiconductors SVP, tells PYMNTS, whether it’s payments on a consumer’s wrist, payments via spoken word, payments in the car… commerce is changing, fluid across devices, and OEMs need a platform that helps them connect all of those mobile payments dots.

 

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Internet Trends 2018

Mary Meeker’s View Of The Digital World In 2018 — And Beyond

Mary Meeker recently gave her annual digital trend report. Sure, you’ve probably already read some accounts of her presentation — and seen some of her 294-page slide deck — but here are a few important points that might have been given short shrift, including one about online retail sales that we really like.

 

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Contextual Commerce

The Case For Contextual Commerce

Consumers have been conditioned to buy what they want, when they want it. Karen Webster says that the latest PYMNTS research on the power of contextual commerce as a new commerce channel means that the next wave will happen when consumers can buy what they want, whenever they want it — and within whatever ecosystem they happen to be spending their time. Connecting those dots, she says, is left to the ecosystems that can provide that context and the payments players who can turn it into new, and often, incremental, sales for brands waiting to be discovered there.

 

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