Operations: Page 176
-
Banks eye a bigger helping of holiday retail point-of-sale pie
Citi, JPMorgan Chase and Mastercard have expanded their loan options this year to fend off upstarts and entice interest-averse buyers.
By Hillary Richard • Dec. 4, 2019 -
Over half of consumers plan to buy gifts via smartphone this year
Additionally, 41% of consumers have a better perception of brands that offer multiple payment options, according to a BillTrust study.
By Tatiana Walk-Morris • Nov. 25, 2019 -
Trendline
Gen Z and millennials
If there's anything retailers want more than financial stability right now, it's to understand Gen Z.
By Retail Dive staff -
PayPal buys rewards app Honey for $4B in e-commerce push
As the payment company's largest acquisition to date, the deal adds product discovery to its platforms and expands merchant services.
By Robert Williams • Nov. 22, 2019 -
Macy's suffers another data breach
The hack, which went undetected for about a week, comes at a particularly inopportune time for the department store.
By Daphne Howland • Nov. 20, 2019 -
Facebook debuts new payments system across its suite of apps
The launch of Facebook Pay comes just one month after the exodus of major companies from the Libra cryptocurrency project.
By Anna Hrushka • Nov. 13, 2019 -
More than half of consumers may go into credit card debt for the holidays
The attitude toward holiday credit card debt varies across each generation.
By Tatiana Walk-Morris • Nov. 8, 2019 -
Sponsored by Wirecard
Consumer incentives insights, part 3: Winning customer loyalty
In today's era of unprecedented consumer choice, having a digital loyalty program may be the key to distinguishing yourself from the competition.
Nov. 4, 2019 -
ShopRunner to offer free, 2-day shipping through Apple Pay
The announcement comes as more retailers vie for consumers seeking faster delivery options.
By Tatiana Walk-Morris • Nov. 1, 2019 -
Walmart, Green Dot renew prepaid card deal, launch fintech accelerator
The new accelerator, TailFin Labs, will develop products, services and technology at the intersection of retail and consumer financial services.
By Dan Ennis • Oct. 31, 2019 -
Venmo kicks off rewards program with offers at Target, Sephora
The move comes as the peer-to-peer payments platform prepares to launch a credit card next year.
By Tatiana Walk-Morris • Oct. 30, 2019 -
Opinion
How the $160B gift card market can catch up to the modern age of retail
Retailers risk losing revenue and customers unless they upgrade the gift card experience, writes Loop Commerce CEO and co-founder Roy Erez.
By Roy Erez • Oct. 25, 2019 -
Apple Pay surpasses Starbucks as most popular mobile payment app
The number of people who use smartphones to make in-store payments will grow 9.1% this year to 64 million, eMarketer estimates.
By Robert Williams • Oct. 25, 2019 -
Affirm launches mobile app for payment installments
Half of the payment platform's users are millennials or Gen Z shoppers.
By Tatiana Walk-Morris • Oct. 18, 2019 -
Venmo to roll out credit card through Synchrony next year
The deal gives the bank access to a quickly growing customer base outside the retail sphere, where a messy split with Walmart dealt Synchrony a blow.
By Dan Ennis • Oct. 18, 2019 -
Most Americans still have reservations on going cashless, survey finds
Although mobile payments might streamline retail operations, most Americans believe stores should be required to accept cash, according to the report.
By Anna Hrushka • Oct. 15, 2019 -
Abercrombie & Fitch, Hollister launch Instagram Checkout
The in-app checkout feature adds to the retailer's growing slate of diverse payment methods.
By Lisa Rowan • Oct. 10, 2019 -
Lands' End launches branded credit card with customer perks
The apparel company is among the latest to introduce a credit card to boost consumer loyalty.
By Tatiana Walk-Morris • Oct. 7, 2019 -
Stein Mart revamps loyalty program
In addition to doubling the number of points earned through its credit card, a pilot program is also in the works to expand rewards beyond cardholders.
By Lisa Rowan • Oct. 2, 2019 -
Each dollar of fraud costs retailers $3.13
Mid-to-large retailers offering mobile commerce services saw a spike in fraud volume in the last year, per a LexisNexis Risk Solutions study.
By Lisa Rowan • Oct. 1, 2019 -
Mastercard partners with Levi's, VF Corp to pay factory workers digitally
Workers' wages will be delivered directly to their account, which they can access with a debit or prepaid card.
By Tatiana Walk-Morris • Sept. 30, 2019 -
UK fintech GoCardless makes a go at US market
A company executive said the greatest potential for growth is in a business-to-business market where 42% of payments are still done using paper checks.
By Dan Ennis • Sept. 23, 2019 -
Walmart, Capital One introduce two credit cards
While shoppers benefit the most from purchases at the retail giant, they can also receive a percentage back on transactions made elsewhere.
By Tatiana Walk-Morris • Sept. 20, 2019 -
Amazon expands cash payment services across the US
The e-commerce giant, in making it easier for shoppers to use hard currency, is also helping itself.
By Daphne Howland • Sept. 18, 2019 -
Sally Beauty announces private label credit card
The credit card agreement is an addition to the retailer's existing loyalty program, which has over 15 million active members, and will be piloted in 2020.
By Lisa Rowan • Sept. 18, 2019 -
JPMorgan Chase's WePay launches same-day deposits
The free service gives Chase an edge on fintech competitors such as Stripe and Square, which both charge fees for faster processing.
By Anna Hrushka • Sept. 12, 2019