Exact(3)
Primarily this must be the advisory capability of in-branch staff - it is not a transactional platform.
While there had been early attempts at some sort of transactional platform for banking through dedicated networks, these largely failed until the internet provided a common infrastructure for simple online access to services.
Bionex plans to collect additional revenue in the future from licensing our biometric transactional platform to internet payment gateways (VeriSign, Authorize Net, Paypal, Western Union, CyberCash etc).
Similar(57)
National and regional retailers and service providers use Cardlytics' transactional marketing platform to connect with consumers via online banking channels.
While digitization has enabled transaction platforms in a growing range of industries, this transactional type of platform is not entirely new.
Editor's note: Noah Herschman is COO of DHgate, the first-to-market, transactional e-commerce platform focused on cross-border trading China goods. .
Much of the investment seen will be in mobile application developers, as well as in emerging participants that will seek to embed transactional efficiency into platforms where current methods of conducting commerce are limited (think Pinterest, LinkedIn, etc).
For customers using these marketplaces, for example, using the SendGrid platform for transactional email just becomes another line item on the marketplace bill and there is no lengthy procurement process to go through.
By working with TIDAL to sell bundled subscriptions to its streaming music service along with the Plex Pass subscription, Plex had to build certain transactional capabilities into its platform that it didn't have before.
Among the most pressing needs are: (1) creation tools for generating and distributing 3D content; (2) management tools for tracking and monetizing 3D content across platforms; (3) transactional tools for facilitating sales and exchanges between consumers; and (4) educational tools for the syndication of stats and important industry news.
And third, it confirms a point that I've known all along -- there is plenty of American know-how and capability in the online space, with our Silicon Valley technology and world-class financial services platforms and transactional processes.
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Justyna Jupowicz-Kozak
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