North American Bancard eyes future of in-car commerce
Summary
Troy-based North American Bancard — which markets itself as a one-stop shop for processing credit cards and assorted forms of payments for merchants — would hardly be a business youd expect to spot at an auto show. In December, for example, General Motors broke big news with the introduction of its Marketplace platform that lets drivers order and pay for their Starbucks or Dunkin Donuts with a simple tap on the dash. AutoMobili-D, now in its second year, is designed to connect tech startups, universities, auto suppliers and even government officials, putting them in close proximity to automakers. Jim Parkinson, chief information officer for North American Bancard, told me that most of the time when someone gets in the car to drive to work, theyre going to buy something somewhere en route, as well. Earlier, he worked in senior roles at Sun Microsystems where he was part of the team that built the worlds first utility computing platform — leading to the launch of cloud technology.
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