Google aims YouTube at Amazon, FedNow preps for instant payments competition, What the great time revolution means for consumers

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October 12, 2020

PYMNTSTV B2B Payments 2021

FedNow’s Montgomery: Gearing Up For 2023-24 — And Instant Payments Competition

Faster payments initiatives are gaining ground across the globe. In a PYMNTSTV exclusive with Karen Webster, Ken Montgomery, the Boston Federal Reserve’s chief operating officer and FedNow program executive, says the Fed’s ambitious instant-payments initiative remains on track — with a pilot program set to launch shortly.

 

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Monday Conversation

Mastercard: Why It’s Time For Card Issuers To Up Their Digital Game

The digital shift has fundamentally changed what consumers expect from the payments tools they use, and issuers must raise their digital game when it comes to card products. Sherri Haymond, Mastercard’s executive vice president of digital partnerships, tells Karen Webster that’s what motivated Mastercard to recently announce an investment in and deeper partnership with digital card issuer Marqeta. Here’s where she says there are digital gaps waiting to be filled.

 

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Healthcare’s Digital Shift

Using Digital To Change How Healthcare Research Gets Done

The U.S. healthcare system went into emergency mode when COVID-19 struck, but digital shifts like telemedicine are here to stay, CEO Lance Hill of patient-engagement platform Within3 tells PYMNTS. He says healthcare companies will shift digital anytime in-person communication is "difficult, redundant or expensive," including research. Here’s what to expect next.

 

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Retail Reinvention 

How To Capture The Consumer With Digital Wallets In Their Purses And Back Pockets

Retail’s digital shift is undeniable, but Helena Mao, Blackhawk's vice president of global product strategy, tells PYMNTS the challenge now is for players to marshal the tech tools they need to meet customers as they move across multichannel journeys. The goal is to offer the services consumers need when they need them. Here’s what that will require. 

 

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How We Live 

Consumers Feather Their Connected Home Nests

Locked-down consumers are spending plenty of money upgrading their homes to make living and working and going to school there more efficient. The market is responding with more and more smart speakers, smart appliances and other gear to help consumers feather their fully-connected home nests. PYMNTS breaks it all down.

 

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KLW Commentary

What The Great Time Revolution Means For Consumers

At the beginning of 20th century, new electric-powered appliances helped women save time doing household chores. Karen Webster says that at the beginning of the 21st century, the internet and connected devices would lead to another revolution in time by digitizing and democratizing how those chores get done. This year, she says, we see this revolution in time shift into high gear as consumers use a host of connected devices and apps to both save time and shift when and where it gets done. Here’s why that matters to the businesses that hope to serve them.

 

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