Without POS integration AND Retail data sharing this will not work.. the customer experience is terrible, as is the campaign’s restriction on basket level discounts. The ubiquity of cards is attractive.. as is bank data on “Store preferences”…. But both work to the detriment of retailers. Continue reading »
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Green Dot Bank: Finally Wal-Mart gets to Play
16 Jan 2012 http://www.reuters.com/finance/stocks/GDOT.N/key-developments/article/2447460 GDOT Bank - Federal Reserve Authorization GDOT bought Bonneville Bancorp for $15.7M + $14M Capital Infusion on 8 Dec 2011. Bonneville was a Utah licensed state bank and a Fed member (regulated by Fed). This is a very significant deal for several reasons: Sets a new regulatory guidepost in the creation of … Continue reading »