On the Web:
- Instead of Fighting Bitcoin, the US Could Make Its Own Digital Currency - Wired - “I think Janet Yellen ought to get out in front of this,” Angel says, referring to the head of the Federal Reserve, “to basically put some competition into the payment space.”
- Why Mobile Payments Will Transform Retail - MediaPost (Alberto Jimenez) - "There is a large business opportunity that can be unlocked by understanding the relationship between online and in-store activities that take place before a purchasing decision and an actual transaction. Mobile payments will connect the two worlds."
- Apple Store Online Now Accepts PayPal In U.S. And U.K. - TechCrunch - "It’s in Apple’s best interest to provide as many options as possible to consumers looking to buy, and PayPal’s 18-month no payment promotion should also help attract some buyers who might otherwise have cold feet."
- How Facebook Knows When Its Ads Influence Your Offline Purchases - Wired - "The way it works, says Brian Boland, the vice president of ad tech at Facebook, is that the company can match the phone numbers and email addresses of Facebookers with the phone numbers and email addresses consumers provide in stores."
- Iowa to launch smartphone driver's license - Des Moines Register - "Iowans will soon be able to use a mobile app on their smartphones as their official driver's license issued by the Iowa Department of Transportation."
- Why The Iowa Digital Driver’s License Seems So Cool—And Scary - ReadWrite - "According to the Des Moines Register, Iowa's Department of Transportation will offer digital driver’s licenses via a free mobile app that will launch next year."
- How the Cash Register Evolved From Abacus to iPad - Re/code.net - "While bulky POS systems march toward their inevitable demise, let’s say hello to a shopping world that can handle transactions anywhere, and look good doing it."
On the Wires:
- FirstBank Adds Person-to-Person Payment System to Its Powerful Mobile Banking App - "With this addition, FirstBank becomes the most recent bank to offer P2P payments through the clearXchange network, providing customers with an easy way to send and receive money via their mobile devices. FirstBank is the fourth member of the clearXchange network and will be going live today. It is the first regional bank in the nation to go live with the service."
Updates from Glenbrook:
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