Chase Pay is ending the year with momentum in Mobile payments. Chase Pay recently created the Chase Pay village in New York City's Oculus, and announced a partnership with Kroger. Chase Pay Head of Marketing Dina DeMerell explains what to expect in the new year from the company.
DeMerell says Chase Pay will continue to demonstrate through our campaigns new ways that Chase card customers can save time and money, while paying securely. "We want mobile use to come naturally," says DeMerell. "We need partners where customers are already shopping regularly. That's why we've teamed up with Kroger, with partners like Shell and Starbucks."
In 2018 Chase Pay is looking at not just changing the payment experience, but revolutionizing the whole shopping experience. DeMerell says Chase Pay is looking to make a difference in ways people go about their daily lives.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
A bipartisan bill introduced by U.S. Senators Amy Klobuchar (D-MN) and Cynthia Lummis (R-WY) aims to tackle the spread of misinformation on social media platforms, as well as the addictive nature of the sites and negative mental health impacts they have on users. The 'Nudge Act' would require studies to find and compile potential interventions that platforms could use to encourage people to think before they share a post, or log off after spending too much time on an app. The FTC would create rules based on these findings, and hold the platforms accountable. But will it work? Jesse Lehrich, co-founder of Accountable Tech, joins Closing Bell to discuss the bill, whether real results and regulations could come from it, and more.
