Operations: Page 217
-
FICO: Compromised debit cards surged 70% in 2016
Compromises of ATMs and merchant devices in the U.S. rose 30%, following a six-fold increase in 2015, and the average duration of a compromise fell from 14 days in 2015 to 11.
By Dan O'Shea • March 29, 2017 -
US Supreme Court declines to revive $5.7B swipe fee settlement
Retail industry groups hailed Monday's ruling, which let stand a lower court decision nixing a deal between merchants and credit card issuers Visa and MasterCard.
By Daphne Howland • March 28, 2017 -
Trendline
Digital innovation and technology trends in retail
Generative AI and TikTok Shop have replaced the metaverse and NFTs as the hot topics of the day — here’s a look at how brands are using them.
By Retail Dive staff -
Study: 13% of all iPhones in use have Apple Pay activated
Fewer than a third of the top 100 digital retailers now accept Apple Pay, according to new research from venture capital firm Loup Ventures.
By Dan O'Shea • March 27, 2017 -
Starbucks enabling ordering via voice in Alexa-enabled Ford vehicles
The coffee colossus said it now has about 9 million mobile paying customers, with one in three of those using its Mobile Order & Pay app.
By Dan O'Shea • March 22, 2017 -
LG Electronics preps mobile payments launch
LG Pay will rely on magnetic secure transmission, which simulates magnetic stripe payments by transmitting a magnetic signal from the phone when the device is held against a merchant’s payment card reader.
By Dan O'Shea • March 22, 2017 -
Nordstrom picks Infor cloud POS to improve inventory awareness
Nordstrom is deploying a cloud-based Point-of-Sale from Infor to help improve customer engagement with inventory awareness and management across the cloud.
By Dan O'Shea • March 21, 2017 -
Study: Consumer adoption of major mobile payment apps stalls
A new study from PYMNTS and InfoScout warns that consumers who have the apps aren't using them when presented with the option.
By Dan O'Shea • March 19, 2017 -
Visa may see bright future in pay-by-sunglasses concept
The prototype Ray-Bans integrate a payment-enabled chip to allow users to pay by tapping the eyewear on a Visa near-field communications payment terminal.
By Dan O'Shea • March 14, 2017 -
Survey: Consumers want more integration between in-store, mobile capabilities
About 43% of consumers are receptive to personalized prices based on their shopping patterns, and 39% would visit a mall or shopping center more often if they received alerts about products they are interested in purchasing.
By Dan O'Shea • March 13, 2017 -
JPMorgan Chase acquiring CurrentC developer MCX
MCX's myriad delays and hiccups left plenty of room for Apple Pay, Google Wallet and Samsung Pay to dominate and define the mobile payment space.
By Daphne Howland • March 13, 2017 -
Study: 70% of retailers planning IoT investments
By 2021, nearly 80% of retailers will be able to customize in-store experiences by leveraging location technology that tells them when specific customers are in their brick-and-mortar sites.
By Dan O'Shea • March 9, 2017 -
Starbucks' successful mobile ordering is causing in-store traffic jams
CEO Howard Schultz admitted the company's stores are getting congested with customers who have ordered and paid ahead of time via mobile.
By Dan O'Shea • Feb. 28, 2017 -
Mastercard, Oracle team up on digital payments for stores, e-commerce
The partnership aims to provide retailers with a unified approach to in-store and online payments, starting with a Qkr! and Masterpass mobile app.
By Dan O'Shea • Feb. 27, 2017 -
Survey: Digital transformation 2017's top priority for many retailers
Just over 50% of respondents have either not defined or not started implementing a digital transformation strategy, though progress varies by region.
By Dan O'Shea • Feb. 23, 2017 -
Alibaba, offline giant Bailian team up on far-reaching retail tech initiative
The companies will leverage big data capabilities to boost integration between offline stores, merchandise, logistics and payment tools to improve efficiency and enhance consumer experience.
By Dan O'Shea • Feb. 20, 2017 -
IBM, Visa partner to embed payment capabilities into Watson-enabled IoT devices
More than 6,000 companies with Watson-driven Internet of Things architectures can integrate payments across product lines using Visa Token Service technology.
By Dan O'Shea • Feb. 20, 2017 -
Deep Dive
Rise of the learning machines: How AI is becoming the newest weapon in the fraud fight
While artificial intelligence is synonymous with customer interaction tools like chatbots and Amazon’s Alexa, it also can wage battle against payment and transaction fraud — both in stores and online.
By Dan O'Shea • Feb. 13, 2017 -
Square rolls out retailer-focused POS platform, toolbox
Square for Retail features a point-of-sale app with a search-based interface for faster checkout, as well as a smart customer directory, real-time inventory management tools and other features.
By Dan O'Shea • Feb. 8, 2017 -
Amazon Payments users hit 33M, transactions nearly double
Customers in more than 170 countries used the payment processing platform in 2016, with transaction volume peaking on Cyber Monday.
By Dan O'Shea • Feb. 7, 2017 -
Google ends pilot of Hands Free payment app
Hands Free relies on WiFi, Bluetooth and location services to help connect users to participating retailers, letting them complete purchases just by saying the phrase "I'll pay with Google."
By Dan O'Shea • Feb. 2, 2017 -
Target readying in-store mobile payment services
Chief Information and Digital Officer Michael McNamara suggested payment features would be added to Target's popular Cartwheel app.
By Daphne Howland • Jan. 25, 2017 -
Deep Dive
5 technologies reshaping retail in 2017
Robotics and drone delivery are just two of the innovations poised to wield greater influence on retail operations this year.
By Dan O'Shea • Jan. 19, 2017 -
Equinox embeds support for Android Pay into all terminals
The terminal provider also claimed to be first to bring the latest version of the Google-backed payment solution to all its product lines, including the L5300 multi-lane terminals used by drugstore chain Walgreens.
By Dan O'Shea • Jan. 18, 2017 -
Verifone, FIS team to let consumers pay for purchases with rewards points
When shoppers present a loyalty-linked card payment on a Verifone device, it will prompt them if enough points are available to pay for items.
By Dan O'Shea • Jan. 12, 2017 -
Wal-Mart tries Scan and Go again to bypass checkout lines
The relaunched smartphone app only works at the mega-retailer's Rogers, AR location, but could revolutionize the way people shop across all of its stores.
By Keith Loria • Jan. 12, 2017