Philadelphia bans cashless stores, Airbnb buys HotelTonight, Can banks safely monetize consumer data?

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March 8, 2019

Consumer Data Monetization

Can Banks Safely Monetize Consumer Data?

Worries about regulations, privacy and bad headlines can keep financial institutions, payment service providers and other businesses from monetizing their data — which, in turn, can hamper innovation. In a new PYMNTS podcast, Karen Webster talks with ARM Insight CEO Randy Koch about how to profitably — and compliantly — overcome those fears, and use data in a way that sparks new products, consumer insights and revenue.

 

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The Matchmaker Is In

Strange Bedfellows? Trade Unions And Gig Marketplaces

In the U.K., where millions of people are underemployed, matching ad hoc employees with work they want to do and employers who need them can immediately help create sustainable career paths, while paying them living wages. That’s according to Labour Xchange Co-founder Jonathan Key in the latest Matchmakers podcast — and, he says, it creates an anomaly in startup land: a trade union-backed online marketplace.

 

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Faster Payments

Why Construction Payments’ Friction Has Nothing To Do With Payments

The construction industry suffers from the longest B2B payment delays of any other market, thanks to the complexity of how money moves between financiers, developers, contractors and their subs. Goldman Sachs-backed Rabbet CEO Will Mitchell tells Karen Webster that moving money faster starts with moving the data faster between those stakeholders. Here’s why.

 

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Mobile Point-Of-Sale Tracker™

How Reebok Captures In-Store Impulse Buys

To foster lucrative impulse buys, encouraging in-store shopping is key — and for Reebok, mobile point of sale (mPOS) cracks the code. Its quick, skip-the-line-and-checkout-from-anywhere experience increases profitability, says Paul Froio, Reebok’s VP of U.S. retail. In this month’s mPOS Tracker, Froio explains how mPOS boosts conversion rates, and why mobile seamlessness is crucial to the $371.8 billion footwear market.

 

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