From Products To Services: The Online Economy Moves To Subscriptions, By: First National Bank of Omaha Senior Vice President of Treasury Services Russ Oatman
As consumers increasingly seek personalization and flexibility in their online purchasing activity, the subscription economy—in which consumers subscribe to services rather than making a single purchase—is booming. A recent report by McKinsey & Company maintains that the subscription e-commerce market
Multiple Channels, Multiple Generations: Meeting Customer’s Demand For A Variety of Payment Options By: First National Bank of Omaha Senior Vice President of Treasury Services Russ Oatman
As consumers increasingly demand convenience, immediacy, and digitized services, businesses are working to meet those demands by offering multiple ways to pay, including digitized payment options and services. As they seek to bring a variety of options to customers in
Giving Customers What They Want: Mobile Payments with Personalized Service By: First National Bank of Omaha Senior Vice President of Treasury Services Russ Oatman
While consumers are demanding the ability to pay companies using their mobile device, many businesses still struggle to offer a seamless, user-friendly mobile payment experience that strengthens their brand. At the root of these challenges is often a failure to
Fintech and Consumers Drive Retail E-Commerce
By Sharon Rosa-Bohrer Whether it’s the transition from brick-and-mortar stores to online shopping or vice versa, or the in-store transformation to an immersive retail experience, fintech (financial services technology) plays an integral role. Current retail trends show that 51% of Americans
Mobile Payment Trends Are Brought to Life in Annual Mobile Payments and Fraud Survey
For the first time ever, more merchants support mobile apps than a dedicated mobile website for online shopping. This insight is according to Kount’s 2018 Mobile Payments and Fraud Report. This staggering fact illustrates the type of dynamic changes taking
Mobile Innovation: Understanding the Consumer Experience
by Grubhub & PayPal Mobile devices have changed how we interact with the world around us. From posting photos in the moment, interacting with five different apps to communicate with our friends and family, or how we shop for anything imaginable,
Increasing Use of Mobile Payments In Government
Year 2017 statistics show that there are 48.1 million mobile payment users in America and research predicts that this number is likely to increase to 74.9 million by year 2022. A quick look at the data suggests that we may
Projected Changes In FinTech Regulations
It is no secret that fintech companies have enormously eased the way consumers transact financial products and services. With the emergence of fintech start-ups offering services such as electronic payments, money transfers, bitcoin blockchain, and virtual currencies, fintech has successfully
How to Reap the Benefits of Blockchain with the Security of HSM
By Sharon Rosa-Bohrer Blockchain is intended to be highly secure because it’s allegedly an immutable distributed ledger technology that decentralizes data storage and protection. Connecting unrelated parties without middlemen, blockchain provides a historical record of all data and financial transactions. However,
The Future Of Ecommerce Is Mobile
by Shin Park With the rising popularity of ecommerce and mobile payment options, it’s no wonder that retail companies are now switching over to the digital world as their main storefront. In places such as China and England, ecommerce makes up