Facebook seeks user bank data, Alexa can shop at Whole Foods, Starbucks backtracks on accepting crypto.

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

August 7, 2018

Push Payments/Claims

Safelite, Ingo Money Team To Pay Auto Claims In A Day

Safelite innovated the first notice-of-loss claims process for auto windshield repairs, and now uses it to process more than 5 million non-auto glass windshield claims and 450,000 property claims for 200 insurers. Its new partnership with Ingo Money will push those claims payments into policyholder accounts in a day, in what Safelite SVP Jon Cardi told Karen Webster and Ingo Money CEO Drew Edwards is a “total disruption to the industry.”

 

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Contextual Commerce

Meet The Personas Behind The Rise Of Contextual Commerce

Contextual commerce is about engaging online content, consumer discovery and frictionless payments. New and comprehensive PYMNTS data about that emerging retail trend describes the consumer personas involved. It’s all part of a recent webinar, featuring Karen Webster and Braintree’s Azita Habibi.

 

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Omnicommerce

First Data On Retailers And Next Gen Omnicommerce

First Data SVP Glenn Fodor tells PYMNTS that the fundamentals of retail remain strong, but successful retailers know how to incorporate technology into their full retail experience. In some cases, that means giving the customer everything from fine dining to outdoor adventures as a way to make shopping more than just a trip to the store.

 

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Global Cash Report™

NEW REPORT: What Demonetization? India’s Cash Usage To Reach $2.5T By 2021

After two years, India is seemingly undergoing “remonetization,” with cash usage growing 10.5 percent. In fact, use of cash in India is expected to reach $2.45 trillion by 2021, up from $1.5 trillion in 2016. That said, the policy has helped digital payments advance by three to four years, says YES BANK’s Chief Digital Officer Ritesh Pai. In the latest Global Cash Index: India Edition, find an interview with Pai on how alternate payments are competing with cash, plus over 350 data points on what’s helping cash flourish.

 

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