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The Future Is Now: Helping Merchants Engage Consumers

Whether it’s digital coupons, next-generation mobile apps or using augmented reality technology to enhance shopping, have no doubt: That future is here and it’s all about engagement. Paybefore sat down with Amy Parsons, vice president and head of global commerce, Discover Global Network, to get her take on what’s ahead.


Bancorp Bets Big on Fintech with Cube8 Innovation Lab

The Bancorp is doubling down on its commitment to fintech, unveiling plans for a new dedicated fintech innovation and development studio. Dubbed Cube8, the division will serve as a space where Bancorp will “explore unconventional–even radical–ideas in financial technologies” with the goal of creating changes or new opportunities to bolster the company’s business strategies, operational efficiency and incremental revenue, Bancorp said.


Young, Connected Consumers Help Drive Shopping over Thanksgiving

Holiday buying declined slightly over the Thanksgiving weekend, but more consumers were shopping, according to the National Retail Federation. The trade group estimates that some 154 million U.S. consumers shopped over the holiday weekend, up 1.9 percent from 151 million last year, but the average shopper spent about $289.19 this year, down about 3.6 percent from $299.60 in 2015.


Chasing the Competition: U.S.’s Largest Bank Debuts Chase Pay App

A little more than a year after the bank announced plans for its Chase Pay mobile wallet—and just in time for Black Friday—customers of the U.S.’s largest bank by assets finally can use the Chase Pay app in stores, online and for in-app payments. The industry will have to wait and see if this is the watershed moment for mobile wallet adoption, some payments experts have predicted.


The Rise of M-Commerce: Tips for Effective Mobile Marketing, Sales

Mobile commerce is on the rise—and as the busy holiday shopping season nears, now is a key time for retailers to examine how they can improve their brand’s efforts around m-commerce. Discover offers insights into how retailers can use the mobile channel to market their offerings and drive engagement and sales.


Reducing Cart Abandonment: Retail Strategies to Increase E-Commerce Engagement

As an online retailer heading into the holidays with approximately $105 billion in sales up for grabs, competing for spend is a top priority. To maximize your share of holiday sales—and improve sales all year long—it’s critical to enhance the shopping experience and decrease shopping cart abandonment.


Industry Views: What Trump’s Win Means for Payments

With a victory that took the pollsters by surprise, Trump’s win sent the markets plummeting overnight. Although reports suggest markets are steadying, what’s in store for the U.S. payments and financial services industry in the wake of this election?


Will Bank-Backed M-Wallets Win?

As banks gain a more prominent spot in the mobile payments market, will they become the one wallet to rule them all?


Game-Changing Payments Tech: Pay Magazine Special Section

We’re gearing up for the Spring 2017 issue of Pay Magazine, which will include a special feature on the technology that’s transforming the face of payments and financial services. Submit your technology for consideration by Nov. 18.


Discover Global Network Brings Startups into Global Spotlight at Money 20/20

Last month, Discover Global Network announced its support of two fintech scholarship contests hosted by the Center for Financial Services Innovation, an authority on consumer financial health, and Gefen Capital, an investment group representing U.S. and Israeli investors that focuses on investing in Israeli startups. The contest winners, Lenny, Debitize, and PayKey, received financial awards from CFSI and Gefen Capital, and were given the opportunity to demonstrate their unique solutions in the DGN exhibition booth onsite at Money 20/20 in Las Vegas, the largest payments and innovation conference in the world.

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