The rise of mobile payments in China

Today almost all of the headlines are about Apple's iPhone launch and that is well deserved. I've been a iPhone user myself for 10 years and am excited for the new phone (but not the rumored $1000 price tag). Since the iPhone news will be covered by a million different sites, let's look at the other side of the globe where China is a very different market and one changing at breakneck pace. Did you know that last year, Chinese consumers spent $5.5 trillion (yes Trillion) through mobile payment platforms? To put that in perspective that's about 50 times more than their American counterparts where Apple pay just hasn't caught on. So why is China succeeding where Apple is not? Let's take a look at China's mobile payment market.

IMPACT of Artificial Intelligence

This week I spent a couple of days in Hartford attending IMPACT Live 2017 where I met other great bloggers and inbound marketing experts. Thanks to IMPACT CEO Bob Ruffolo for the invite and incredible conference. I'm already looking forward to next year. While the conference centered on marketing, the talk that blew people's minds was from Paul Roetzer on "The Path to a More (Artificially) Intelligent Future." It definitely made for great lunch conversations shortly afterward. Here are some of the highlights and my thoughts.

Look to Japan for the future of robotic checkout

This year, the talk of robots taking over our jobs has grown louder. Robots can build cars and even quick serve restaurants are using more technology at the front of the house. But you have to look to Japan for the future of self-checkout systems as they are already going live. Thanks to an aging population, Japan is searching for answers to mitigate expected labor shortages in their homeland. Because of this, the government in conjunction with their five major convenience stores plans to introduce self-checkout in the next several years. The new age registers will instantly calculate the prices of all items in a basket at once and also bag them for you.

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