Be a fast follower in the payments arena

first_img 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr MCX’s announcement in mid-May that it was shelving the rollout of its CurrentC mobile wallet app was somewhat anticlimactic.The retailer consortium generated plenty of intrigue upon its late 2012 formation, boasting deep pockets and impressive point-of-sale reach, and promising a merchant-driven payments scheme with the unspoken yet clear goal of slashing acceptance cost.But while three years passed with no sign of a product, Apple Pay beat them to market and seized control of the narrative, exposing tensions within the coalition.Last October’s news that MCX had partnered with Chase Pay seemed to foreshadow an exit ramp. Sure enough, MCX CEO Brian Mooney’s recent announcement cited a shift in focus to “other aspects of our business, including working with financial institutions.”Plenty has been written about MCX’s missteps and fundamental flaws. But with Apple Pay adoption running well below initial expectations and Samsung Pay, Android Pay, and CU Wallet lagging even further behind, a troubling sentiment is emerging. continue reading »last_img read more

Belt’s 3-run homer lifts Giants over Rockies 4-3

first_img WATCH US LIVE Written By SUBSCRIBE TO US COMMENT LIVE TV Last Updated: 6th August, 2020 10:00 IST Belt’s 3-run Homer Lifts Giants Over Rockies 4-3 Brandon Belt extended his success against Colorado starter Jon Gray with a three-run homer and a double to lead the San Francisco Giants past the Rockies 4-3 on Wednesday nightcenter_img Brandon Belt extended his success against Colorado starter Jon Gray with a three-run homer and a double to lead the San Francisco Giants past the Rockies 4-3 on Wednesday night.Belt’s two hits raised his career average against Gray to .417 (10 for 24) and helped Logan Webb (1-0) get his first win in his fourth start of the season.Nolan Arenado homered for the third straight game for the Rockies, who had their four-game winning streak snapped.Colorado had scored five or more runs in eight straight games before being held down by Webb and the San Francisco bullpen. The three runs are the fewest since a 3-2 win at the Texas Rangers on July 25.Webb, making his first career start against the Rockies, kept Colorado in check in five-plus innings of work. He allowed two runs — one earned — and didn’t walk a batter before leaving after a leadoff single in the sixth.Caleb Baragar retired the top of the order to get out of the jam. Trevor Gott pitched the ninth for his third save in as many chances.The Rockies scratched across an unearned run in the first inning and added another in the third against Webb to take a 2-0 lead before the Giants rallied.Colorado shortstop Trevor Story misplayed Mike Yastrzemski’s grounder in the fourth, Donovan Solano singled and Belt followed with his first homer of the season.Belt doubled and scored on Wilmer Flores’ single in the sixth.Gray (0-1) allowed four runs — three earned — in six innings.Arenado led off the seventh with a homer to cut the lead to a run. It was his 31st career home run against the Giants.TRAINER’S ROOMRockies: RHP Wade Davis (right shoulder strain) has not started throwing yet, manager Bud Black said Wednesday. “No update on when he’s going to test the arm with a game of catch,” Black said. “He’s receiving treatment daily for the strain.” Davis was placed on the 10-day injured list on Saturday, a day after he blew his first save of the season.UP NEXTThe Rockies will send LHP Kyle Freeland (2-0, 1.50) to wrap up the four-game series.Image credits: AP First Published: 6th August, 2020 10:00 IST Associated Press Television News FOLLOW USlast_img read more