Toast raises $400M, Coronavirus could leave store shelves bare, Healthcare payments’ $375B efficiency opportunity

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February 17, 2020

Monday Conversation

Flywire’s Massaro: Healthcare Payments’ $375B Efficiency Opportunity

A digital-first world needs a digital-first healthcare payments reboot, especially as consumers become among its largest payors. It’s one of the reasons that Flywire CEO Mike Massaro tells Karen Webster they are doubling down on the healthcare vertical and made the move to acquire Simplee. Here’s how he says the acquisition will help streamline $375B out-of-pocket healthcare payments flows for providers and the patients they serve.

 

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PYMNTS Masterclass Video

The $500B Consumer Lifestyle Opportunity Credit Unions Are Missing

Credit unions may be in the lending market, but many lack the credit card products that could put them in the payments game. In a new Masterclass video with Karen Webster, CO-OP's Chief Experience Officer Samantha Paxson discusses how consumers' day-to-day lifestyle connections using card products are a $500 billion opportunity that CUs can no longer afford to sit out.

 

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Retail Reinvention

Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market

With marathon season around the corner, it's go time for any retailer selling running gear. Tracksmith, a Boston-based DTC company, is ready to compete with the big boys, as it looks to take its pop-up game to Tokyo and beyond, betting that a small brand can grow into a big one. Matt Taylor, co-founder and CEO, tells PYMNTS about the perils of expansion and the importance of using retail space creatively.

 

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Banking-as-a-Service

Creating LATAM’s Commerce ‘Digital Value Chain’

Instant payments, digital commerce and banking across mobile devices are all gaining ground globally — with Latin America offering some of the most greenfield markets. Deirdre Bobadilla, chief incubator officer at NovoPayment, tells PYMNTS how APIs, partnerships and other digital solutions can help FIs and merchants leverage that opportunity.

 

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Intelligence of Things Tracker™

Cisco On The Future Of Safe And Smart Cities

The global smart city market is set to reach $252 billion by 2025. To keep smart city initiatives secure, there’s a growing need for stringent measures that can safely manage the increasing data flows and foster connectivity. In the latest Intelligence of Things Tracker, Vikas Butaney, VP of product management for Cisco, explains why speedy and transparent IoT security architecture is critical to enabling secure, connected commerce experiences.

 

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