Launches a new platform
Mobile commerce company, Clutch, has revealed a new platform that aims to unite shopping, loyalty and gifting by delivering relevant offers to consumers and the targeted customers to merchants through a proprietary recommendation engine (view press release).
Captilising on the rise in the mobile commerce market, the Clutch app simplifies mobile shopping for consumers by eliminating the need for both physical cards and multiple apps for storing data.
“The scope of the mobile commerce functionality offered by Clutch is what really differentiates it in the marketplace,” said Andrew B. Morris, a principal in the mobile commerce practice at inCode Consulting Group and a chairperson of NRF’s Mobile Blueprint Committee. “Clutch’s seamless integration of mobile wallet, mobile shopping and social media is a truly unique value proposition for both consumers and merchants. There are some very interesting possibilities here.”
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more
