How Fortnite turned free into $3B in profits, plus, all the payments and commerce news you missed this week.

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Saturday - January 5, 2019


mPOS And In-Flight Sales



To Fight Online Fraud, Ruin Cybercrime’s ROI


The Incredible Shrinking Rewards Offerings


InfoSec: How To Improve Smart Devices' Privacy IQ


Getting To The Core Of Apple’s China Issue


Why QSRs Like Amazon Pay


Taking Stock Of Tokenized Stocks


Helping QSRs Avoid Physical Retail’s Fate


What Lies Beneath: FIs’ Biggest Cyberthreat


India: No Plans For State-Backed Crypto


Banks Jump Into Contextual Commerce Stream


Moving From POS To Point Of Interaction


PEX CEO Talks Spend Management Innovation


CES, The 2019 Payments And Commerce Agenda


Study: Users Will Give Up Facebook For $1K


When Predictions Go Right ... And Not So Right


Payment, Commerce, Tech IPOs On 2019's Horizon


CoralPay Rolls Out USSD System


Entersekt On Payments' Next Big Thing


National Bank of Kuwait Rolls Out SWIFT gpi


2019: The Year Of Instant Payments


Visa: Why Consumers Are In Control At The POS


US Commerce Dept Eyes AI Export Reg


Biggest Data Breaches Of 2018


Self-Checkout Gets An Innovation Makeover



KPMG On Real-Time Payments Collaboration



Dagne Dover’s Handbags And Retail Disruption


Sleeping Pods As Human Charging Stations


Zola Opens NYC Brick-and-Mortar Store


Why Everlane Thinks Retail Needs Rethinking


Misfits Market: Rescued Produce As Subscription


How QSRs Encourage Order-Ahead


Sweetgreen Plans eComm-Inspired 'Food Platform'


2018: The Year Of The Subscription



The Era Of Evolving Expectations


New Year, New Efficiencies


Does Active Holiday Shopping Portend 2019 Spending?



Payments Fraud Rides Money Mules Into 2019


In Hungary, Instant Payments Gain Traction


Fresh Questioning Amid Carillion’s Collapse


New Year, New Blockchain Use Cases?


JPMorgan: In 2019, Mobilize The Commercial Card


Corporates Step Up To Welcome AI, Blockchain


Visa, Mastercard, Amex Stake Bets On B2B

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How Fortnite Turned Free Into $3B In Profits

The team at Fortnite didn’t invent the freemium model — or the idea of using in-game microtransactions to enhance the gaming experience. They did, however, find a way to do it that delighted customers instead of enraging them and was profitable for the company. Extremely profitable — like $3 billion worth of profit — using the magic of microtransactions (and sweet dance moves).

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The 2018 Bitcoin Crash, Bit By Bit

Bubble, meet pinprick, in the form of reality. Bitcoin’s precipitous fall in 2018 from roughly $20,000 to about $3,800 may have been a long time coming, with its fundamental promises unfulfilled. Here’s our take on why what went up so dizzyingly had to come down the same way.

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