Search Results: MCX

UBS On Apple Pay: Drinking The Merchant Kool-Aid

UBS recently published a report titled The Empire Strikes Back: Retailers and Banks to Join Forces as Alternative to Apple Pay in 2015. The report is so full of misguided misconceptions that, normally, I’d be inclined to think “Where did they come up with this stuff?” But in this case, I know where they came […]

Failed CurrentC

According to an article in NFC World about MCX’s mobile wallet (to be named CurrentC): “Consumers will benefit from using CurrentC in four main ways: 1) Save money with valuable coupons and offers; 2) Earn rewards from participating merchant loyalty programs; 3) Pay simply; and 4) A more secure way to pay.” My take: In […]

Lessons For Banks From A Walmart CEO

At this year’s BAI Retail Delivery Conference, I had the opportunity to moderate a closed roundtable discussion of the Marketing Leaders Circle (thank you Deluxe!), and as an added bonus, got to interview Lee Scott, the former CEO of Walmart. As the session was a closed session for senior marketing execs from large FIs, it […]

Merchant’s Mobile Wallet Math

If my basement (where I work) ever floods (again), the three things I’m grabbing are my iPad, my iPod (with the hundreds of Grateful Dead shows I have on it), and my GonzoBanker mug. I’m convinced that mug will be worth…oh, I don’t know….$3 or $4 on eBay someday. No matter. Love my GonzoBanker mug, […]