Features, News & Blogs
Reverse ATMs taking on over-the-counter activitiesI've just got back from the Middle East, where I've been chewing the fat with my good friend Robert Holt from MBME, based in Dubai. We both agreed that there are currently huge opportunities for companies offering bill-payment kiosk services a.k.a …
Kiosks offer pawn shops recurring revenue opportunitiesTechnology-centric products and solutions that cater to the needs of financially underserved consumers have enjoyed recent growth, according to the Center for Financial Services Innovation (CSFI). In 2010, underbanked consumers paid an estimated $45 …
Giving the gift of paymentThis Christmas season, the search for perfect gifts takes shoppers to convenience stores, groceries, electronic and other retail locations across America where they can pay their families and friends' bills and reload their prepaid debit cards …
Kiosk ISO paradigm: Business innovation with ‘reverse ATMs’ The ISO business model proves that small and large entrepreneurs can compete on an equal footing. All it takes is innovation, reinvention, and replication of a successful business model. Many ATM network operators and independent sales organizations …
Developing a multi-channel bill payment strategySelf-serve financial services kiosks are often the main attraction at trade shows, conferences and exhibitions, as they capture the imagination of service providers and retailers by utilizing innovative technology solutions to satisfy consumers …
Consumers’ choice: Shopping for expedited financial servicesToday's consumers engage in repetitive shopping patterns, as they visit brand-name retail stores and select familiar products. The weekly shopping lists often include bill payment next to bread, milk, and other grocery items. The choice of preferred …
Why service providers should opt for bill payment kiosksA growing number of utility, wireless and other service providers have identified self-serve bill payment kiosks as an innovative solution to improve customer satisfaction, maximize profitability and reduce churn. The 'Customer is King' mantra holds …
Mobile payment innovation: Managing personal finances through expedited paymentsIn today's tough economic environment, municipalities and their residents feel the negative impacts of financial hardships. As municipalities across the United States continue to deliver essential utility services, such as electricity, gas and water …
The bill payment world is flatBrowsing through Thomas Friedman's book "The World is Flat", I came across a passage on Wal-Mart's entry into the world of banking and financial services. The passage illustrates how a big chain retailer has positioned itself to compete in a …
As companies big and small try to invent the "next big thing" in payments, one company is looking to resurrect something from the past -- the checkbook. Well, maybe not the checkbook per se, but the network that made checks so useful for so long …
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