PYMNTS.com Interview Highlights How the Economic Crisis Drives Payment Innovation
BOSTON—PYMNTS.com interviews MasterCard’s President of Global Products and Solutions, Gary Flood who discusses how the economic crisis drives payment Innovation. Flood sees both technology and consumers driving solutions that will shape the future of the payments industry. When asking Gary about new developments from the merchants’ perspective he says, “Paypass has provided a great deal of capability for us… [and] the ability to speed transactions through on a checkout, as well as providing some ingenuity and innovation… So I think for us, merchants are big, they’re important; we’re spending a lot more time with them.”
The full interview can be found here: http://pymnts.com/gary-flood-mastercard/
PYMNTS.com promotes the companies, products and people that drive “what’s next” in payments, worldwide. PYMNTS.com is a joint venture between Berkshire Hathaway’s Business Wire and Market Platform Dynamics. In the two months since its launch, PYMNTS.com has assembled a very large and highly engaged community of relevant (and senior) industry executives and opinion makers across the payments ecosystem who regularly click on its newsletter, visit the site, and spend a lot of time there. PYMNTs.com has become the “hub” for payments innovation for those whose core business is payments and for those who view payments as central to their own commerce capabilities.
For information on PYMNTS.com contact [email protected]. You can also follow PYMNTS.com on Twitter at http://twitter.com/PYMNTS and join the PYMNTS Linked In group.
About Market Platform Dynamics (MPD):
MPD is a management consulting firm that ignites catalyst businesses by leveraging new technologies, business models and pricing strategies. MPD has a wealth of experience within industries that are characterized by complex platform-centered ecosystems, including payments, mobile/telecoms, digital and advertising-supported media, and software-based businesses.
MPD works with both incumbents and new entrants, offering a unique lens into the dynamics that shape the competitive playing field. In addition to traditional consulting-based services, MPD’s Catalyst Ventures provides intellectual and human capital to new firms. MPD’s experts include economists, econometricians, product development specialists, and strategic marketers who apply cutting-edge business theory and statistical methods to the practical problems of building and growing a profitable catalyst business. MPD is headquartered in Cambridge, MA, and has offices in London and Hong Kong.
For more information visit www.marketplatforms.com.