I work with a lot of startups and somewhere around year three, their business plan usually includes some flavor of ‘make a bundle selling data’. Like a new year’s resolution to ‘go to the gym and look like Thor’, this won’t happen. If it did, it might do more damage than the pocket change it’s […]
Having led innovation at Amex, MasterCard and Citi, I know where the bodies are buried. I also know that payment wars aren’t just about fees anymore. That’s so 1990’s. Years ago, when Walmart threatened to enter payments and banking, incumbents nearly soiled their Hanes. After a little sword-fighting, providers slashed their margins so thin, big
Why Walmart and Other Retailers Are Muscling in on Mobile Payments Read More »
