Bitcoin processing fees skyrocket, CanPay CEO on solving pot’s payments problem, Inside Walmart’s Instant Pay program.

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December 20, 2017

Retail’s Data Reset

Finding Retail’s Big Data ROI
 

Data, data everywhere, but how should retailers leverage it to reach consumers? According to Nicole Jass, VP of data products at Vantiv, data can show that among other things, payment methodologies can go a long way toward winning consumers’ hearts and minds. Oh, and two little words: price match.

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The Matchmaker Is In

CanPay: Solving Pot’s Payments Problem
 

The move to cashless has all but eluded the one industry that would love nothing more than to go digital: legal cannabis. Payments vet and CanPay CEO Dustin Eide told Karen Webster in this week’s The Matchmaker Is In that the complexity of doing so dwarfs just about any payments challenge he’s ever seen. Eide takes Webster inside the development of the ACH-debit product that has cashless as its MO, but transparency as a means of normalizing the regulated sale of cannabis as its guiding principle.
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Realtime Paychecks

Solving America’s Paycheck-To-Paycheck Problem
 

Walmart’s decision to pay its workers for the time they have worked — in real time — is about easing the stress of the paycheck-to-paycheck lifestyle that plagues most Americans today. Even CEO Jon Schlossberg — whose technology platform powers this capability for Walmart — tells Karen Webster how workers are using their real-time pay, and why it’s not just the hourly workers who find its AI-powered financial helping hand a financial management lifeline.

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PYMNTS Global Cash Index™

NEW DATA: Behind Germany’s Obsession With Cash
 

Germany may be known for its economic and technological might, but its consumers are still crazy about cash. According to PYMNTS Global Cash Index™ Germany Analysis, the country’s citizens spent more than €649 billion in cold, hard cash last year, giving Germany a cash share of roughly 20 percent, the sixth highest in Western Europe. Find more, including 412 data points and an interview with Heike Mai of Deutsche Bank AG, on the state of cash in Germany, inside the Index.

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