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Consumers' Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers

PYMNTS

Power research shows that the number of customers doing their credit applications online has kicked into high gear. Consumers and Banks Both Like Online Auto Loans. Consumers are apparently so glad to dump the back-office haggle between dealer and bank that roughly one-third of car buyers are now doing the loan process online, J.D.

Online 214
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Virtual Reality Gains Traction In Retail

PYMNTS

Four temporary pop-ups have opened and are opening in New York, San Diego, San Francisco and in the Las Angeles suburb Santa Anita, CNBC reports. Last year saw a boom in brands using VR in this way, including U.K. The new feature works with both Amazon’s mobile app and online. and Europe by 2022.

Retail 192
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Shopify Launches Its Own Payments Hardware

PYMNTS

For the first time, Shopify is introducing its own payments hardware to the market with what they are calling a unique approach to the standard card reader. The new EMV-compliant device made its first public appearance at the firm’s Unite developer conference in San Francisco. The fee per swipe is 2.4

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This Week In Amazon Vs. Walmart: The Battle For Consumers

PYMNTS

It was a big week for advances in robotic deliveries, with Postmates securing the first permit to test robotic sidewalk deliveries in San Francisco. Surescripts’s claims are unfounded, false and appear to be part of their overall market strategy,” a ReMyHealth spokesperson said.

Strategy 144
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FinovateSpring 2017 Live Blog – Day 2

William Mills

Omnichannel campaigns online. It looks like the company HQ is in Uruguay and they have an office in San Juan, PR. Showing how a banker could build an online offer in real time. From their web site: Unison is the market leader in home ownership investment. I like this idea. For more information, visit www.capsilon.com.

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MX Recruits Former Intel & Fiserv CMO, Don MacDonald

Fintech Labs Insights

MX appointed Don MacDonald to lead marketing and branding efforts and develop marketing strategies to help bank clients enhance the account holder experience. MX presented at FinDEVr San Francisco 2015 on how to build an easy-to-maintain platform. The company last demoed at FinovateFall 2014 in New York.

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

Unlike the other startup challengers that applied for bank charters out of the gate, Revolut challenged the conventional go-to market strategy by applying for an easier-to-acquire e-money license and targeting currency exchange rather than current accounts. This includes San-Francisco based Chime which in Sept’18 reportedly crossed 1.7M

Retail 78