| Why Mastercard bought Nets, Paytronix buys Open Dining, Stripe opens in Mexico City | | | Why Mastercard Acquired Nets Mastercard is making its largest acquisition to date with its $3.2 billion bid to buy the Denmark-based payments platform, Nets. Paul Stoddart, Mastercardâs president of New Payment Platforms, tells Karen Webster that the bid also bolsters the payment networkâs goal to provide services across multiple rails. Hereâs the road map and why, he says, apps are the revenue engine fueling the trip. |
| Paytronixâs Open Dining Buy Unlocks Restaurantsâ Digital Front Doors The restaurantâs front door is changing and its going digital. Andrew Robbins, co-founder and CEO of Paytronix Systems, talks with Karen Webster about how his companyâs acquisition of Open Dining is about making restaurant front doors â physical and digital â more appealing to customers, and bringing restaurant operators closer to them. |
| PODCAST: Consumer Authentication |
| Why Mobile Phones Are The Better Consumer Authentication Mousetrap While using text messaging as part of a two-factor authentication system is common, itâs not nearly as secure as most consumers assume. Boku CEO Jon Prideaux tells PYMNTS that the mobile phone is the right idea for authentication â but using SIM data is a much better way to do it. Hereâs whatâs holding it back. |
| Has Apple Won The Wearables Wars? Fitbit recently took a major stumble with its newest – and relatively affordable – smartwatch products, as Apple keeps on pulling ahead. This latest news from the hot retail and payments world of wearables shows the power of services and strong customer relationships. Fitbit wants to gain new ground — but, is it too late to compete with the iOS world? We break it down. |
| | Verifying Digital Identity In The Sharing Economy Report™ | | REPORT: What Sharing Economy Platforms Don't Get About Digital ID Sharing economy platforms are under-armed and more importantly, increasingly at risk with only one in four asking consumers to prove their identity when opening an account. For the new Who Are You? Verifying Digital Identity In The Sharing Economy Report, PYMNTS surveyed 3,585 consumers and concluded that sharing economy platforms donât have to trade off a better user experience (UX) for a more secure, fraud-free experience for buyers and suppliers. Details. |
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