Facebook’s Marcus leaves Coinbase board, PE firms play big in business lending, Payments’ Stranger Things.

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 13, 2018

Mobile Wallets

Can A Single-Scan Experience Ignite Mobile Wallets?

Bundling payments, loyalty and discounts into an easy-to-use mobile wallet app builds customer loyalty and leads to incremental sales. CARDFREE CEO Jon Squire tells Karen Webster that this has been Dunkin’ Donuts’ experience, and what this single-scan experience holds for the future of order-ahead.

 

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Digital Banks

Canada’s Twist On The Digital Banking Model

Oh, Canada? When it comes to digital-only banks, EQ Bank’s CDO Dan Dickinson tells PYMNTS that low operating costs can mean high rates of savings and a different starting point than transaction-only digital peers. But before coming to market via bits and bytes, he cautioned, banks have some big (even existential) questions to ponder.

 

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PYMNTS Topic TBD

The Coming Consolidation Of Marketplaces

Digital marketplaces have been evolving since the late '90s, Amaryllis CEO Mark Bishopp said during this week’s Topic TBD conversation, but embedding payments into them has seen their numbers explode. What’s next, he said, is a lot of competition and consolidation as the marketplace of marketplaces evolves over the next year.

 

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Payments Innovation

Payments’ Stranger Things

The Netflix blockbuster series Stranger Things introduced the world to a parallel universe: the Upside Down. There, the world looked real, but much scarier — and those who entered and left were never quite the same. Karen Webster said that recent developments in payments this summer suggested that we, too, might be living in our own parallel universe. It’s the only explanation for — well, why spoil the surprise. The big question: Will we ever be the same?

 

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