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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.

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Here’s How to Become More Than the Branch Next Door

Gonzobanker

With the influx of new technologies, the challenge isn’t ‘innovation’ but ‘creativity’—how can banks, at an organizational level, make more creative use of data and technology than their competitors, and how can they help their people become more creative in getting their jobs done.” THAT IS WILD. Develop your communities Ex.

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Apple Lets College Students Store IDs On Apple Devices

PYMNTS

According to a report in CNBC , students at Duke University, University of Alabama and University of Oklahoma can store their student IDs on their iPhone or Apple Wallet. Students are able to use a digital version of their ID to get into the school building and purchase lunch without the need for a physical card or cash.

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Apple Watch Earns Pro QB $5K Scolding From NFL

PYMNTS

Apple has added 12 new universities to its contactless student ID program, which allows students to pay for things and gain entry to locked doors, and acts as an alternative to a physical ID card. The students can store money on the digital cards, and use them in places like the cafeteria or the college bookstore to buy supplies.

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A Cardless Streak Coming (Maybe)

NCR

The roots of Oklahoma Fidelity Bank go back more than a century—the institution originated with Fidelity Investment Co., That’s right, the card is gone. And yet the idea of a mobile app replacing the card—the ultimate anachronism—is so unusual? Indeed, while NFC-enabled ATM technology is in its infancy in the U.S.,

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Majority Of Consumers Want Digital Coupons, Rewards From Grocers

PYMNTS

Beyond Hannaford, software provider Shopkick provides the technology for consumers to earn rewards while grocery shopping. Walmart, for example, has been testing a 24/7 pickup service at a supercenter in Oklahoma City. Thirty-four percent of consumers rate in-store pickup as an important omnireadiness feature for grocers. .

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The Case For Localizing Mom-And-Pop Investment

PYMNTS

At the same time, many early stage startups, particularly in the technology sector, still have access to traditional financing, like venture capital and private equity. “Being in Boston, Massachusetts, I’m much less likely to invest in a restaurant in Oklahoma if the same business was right next to me,” Mathews said.

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