On the web:
- Mobile Payments and the 'Wow' Factor: Q&A With Square CFO Sarah Friar - HBR - "When you have great design, it creates that sense of people loving a product and it spreads. Why we don't spend huge amounts of money on marketing and definitely not on sales is actually purposeful. I think it would make us lazy on the product..."
- An Unlikely Startup Enters the Point-of-Sale Business: Warby Parker - AllThingsD -
- When your body becomes your password - GigaOm - "The password will die — it’s only a matter of how and when."
- Intel invests in E la Carte, a startup making table-side tablets for restaurants - GigaOm - "The tablet’s primary function is as a digital replacement for both the menu and waiter. It allows you to browse menus, place and change orders, and pay your bill at the end of meal."
- 5 things mobile payments vendors don't want you to ask - QSRweb.com (Jon Squire) - "Our experience with different mobile commerce deployments has shown that designed correctly, mobile can drive tender preference, increase offer redemption and loyalty club participation thereby increasing total customer value."
- 6 Strategies for Reaching Customers at the ‘Zero Moment of Purchase’ - StreetFight - "Leading retailers are building “store mode” apps that can sense a customer’s in-store location and deliver location-aware offers, coupons, and product information."
- Key steps to secure the mobile wallet - Mobile Commerce Daily - "Here are a few recommendations on how to help better secure your mobile wallet..."
- Mobile coupons trigger 51pc of consumers to shop in-store: study - Mobile Commerce Daily - "Roughly half of shoppers would be more likely to buy products in-store if they were given a location-based mobile coupon, according to a new study from RetailMeNot."
- Time to talk about alternative and complementary currencies again - Tomorrow's Transactions (Dave Birch) - "Not only do I think it's time to look at the world of complementary currency seriously, I think it's time to look at it seriously in the light of the learning from the last five years of mobile, internet and other emerging payment systems."
- Bitcoin Foundation Receives Cease And Desist Order From California - Forbes
- On the Spot: Can thieves grab your 'smart card' PIN? - Los Angeles Times - "The bigger concern, Hartmann said, is the magnetic stripe card that predominates in the U.S."
On the wires:
- India's NPCI Launches RuPay PaySecure, an e-commerce Solution - "RuPay PaySecure conforms to the RBI mandate of two factor authentication- firstly, it uses two security parameters to authenticate a customer and authorize transaction through the participating banks, and secondly, the solution uses 'image selection' for ensuring additional security of every single transaction."
- ABA Releases Report for Policymakers on Rapidly Evolving Payments System - "The report, developed by ABA’s Emerging Payments Advisory Group, identifies three key areas for consideration: consumer protections, payment system integrity and competitive equity."
- Wells Fargo Makes Text Receipts Available at ATMs -
- Access Prepaid Worldwide Launches British Airways Executive Club Multi-currency Cash Passport™ - "The Executive Club Multi-currency Cash Passport™ card works with the option to load up to seven currencies while locking in the exchange rate at a point in time. When used in market, the card intelligently selects the local currency to ensure the best rate."
- U.S. Bank and Polaris Offer Credit Card Rewards Program with Launch of Polaris® Visa® Card - "With the Polaris Visa, cardholders earn points on all of their purchases and can redeem those points for Polaris Cash."
- Oberthur Technologies’ NFC Embedded Secure Element Equips the Newly Released Samsung GALAXY S4 - "Oberthur Technologies’ PEARL is the most advanced multi-application embedded Secure Element and offers the largest memory on the market."
- Toshiba Launches NFC LSI for Mobile Payments - "The T6NE2XBG enables multiple concurrent connections with three different secure elements (SE), allowing manufacturers to design NFC-enabled applications before the SE for the transaction system is determined."
- Consumers’ Trust in Mobile Services - Cartes - "Thanks to the SIM and whatever the device (handset, smartphone, tablet), users can make use of mobile services with the same high level of confidence that they have shown over the years to their mobile phone thanks to the SIM."
Upcoming from Glenbrook:
- Summer Camp! - A special summer session of our popular Payments Boot Camp - in Half Moon Bay on August 6th and 7th... Also, an optional half day course on Data In Payments - August 8th, also in Half Moon Bay. Join Carol, Scott and Russ for lively, interactive sessions - register now!
- Follow Glenbrook Partners on LinkedIn! -