Chase beefs up platform payments with WePay buy, Alipay comes to US taxis, Farmstead takes on grocery giants with AI.

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October 18, 2017

Payments And Platforms

Chase Acquires WePay
 

In a move that signals just how strong the move toward integrated payments really is, JPMorgan Chase is buying platform payments provider, WePay, in an effort to bring payments functionality to tech players of all stripes. CEOs Bill Clerico (WePay) and Matt Kane (Chase’s commerce solutions) share their collective end game with Karen Webster — to create an ecosystem that serves the diverse needs of software developers, software platforms, merchants and JPM’s own considerable base of four million small businesses.

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Payments Innovation

In Financial Services Innovation, Disruption Isn’t Everything
 

In payments, innovation doesn’t always have to materialize in disruptive waves, but can come, rather, through incremental evolution. In an interview with Karen Webster, i2c founder and CEO Amir Wain shares his views on the state of innovation in financial services — highlighting that the failure to innovate often translates into the failure to maximize profits.
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The Matchmaker Is In

The Startup That’s Using AI To Take On The Grocery Giants
 

It takes one brave start-up to create a platform to change how consumers buy groceries and from whom. Or one that is using tech and AI to predict what consumers will buy each week — and then buy, manage and deliver that inventory on time, and even on demand. In this week’s Matchmaker Is In, Farmstead founder and CEO Pradeep Elankumaran describes how the Farmstead platform is taking on the grocery giants in their own backyards — and making money as they do it.

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PYMNTS Credit Union Tracker™

TRENDING: Is A 'Mom and Pop' Image Bad For Credit Unions?
 

Credit unions are viewed by some as a collection of "mom and pop" banks that do business the “old-fashioned” way. It’s an image that some CUs relish, rather than shy away from. In October’s PYMNTS Credit Union Tracker™, in collaboration with CO-OP Financial Services, Dave Underwood, treasurer and manager of the Knoxville Teachers Federal Credit Union, tells PYMNTS how and why the "mom and pop" legacy delivers real value. Plus, the latest headlines and trends from around the space, inside the Tracker.

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What's Hot


Alipay Comes To US Taxis In Verifone Deal


Visa And Billtrust To Streamline V-Cards


Russia Considers CryptoRuble


Credit Union Pitches Fed On Pot Payments Solution


UL Deploys Bots To Test Payment Terminals


Feedzai Lands $50M To Expand AI Fraud Prevention Business


Cardstream And Creditcall To Power Omnichannel Processing


FTC Gets $4.1M Judgment Against Fake Payday Lender


Walmart CEO Says More Acquisitions To Come


Credit Suisse Lowers iPhone 8, X Estimates


Best of Yesterday 


Pay With Venmo Launches At 2M Merchants


How Payments, In Context, Become Events


 

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