Payments
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The Information: Only 2% of Alexa users reportedly purchase off the devices
The publication cited "two people briefed on the company's internal figures" for the statistic, and also claimed that of those 2%, 90% didn't make a second purchase.
By Dan Alaimo • Aug. 08, 2018
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Abercrombie & Fitch cashes in on Venmo for mobile payments
The payment option, popular with millennials and Gen Z, is now available when checking out on the Abercrombie or Hollister apps.
By Robert Williams • Aug. 08, 2018
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Blockchain to drive $164B in efficiencies for retail by 2030
Cost savings and efficiencies from blockchain will accelerate dramatically in the coming decade for retail and e-commerce, according to a new report.
By Dan Alaimo • Aug. 02, 2018
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Alphabet backs mobile scanning developer Scandit
A venture capital arm of Google's parent is now behind a Swiss company that promises big advances in the use of mobile cameras for retail scanning.
By Dan Alaimo • July 27, 2018
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Walmart puts Capital One in its wallet with credit card deal
The deal is meant to accelerate the retail giant's efforts to modernize payments and is a major blow to the business of Synchrony, Walmart's previous credit card partner, The Wall Street Journal reported.
By Dan O'Shea • July 27, 2018
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Guess US stores add Alipay's mobile wallet to reach Chinese tourists
A geolocation-based "Discover" function within the app lets travelers find nearby Guess stores, receive promotions and make purchases.
By Robert Williams • July 25, 2018
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EBay to accept Apple Pay, offer seller financing through Square
The online marketplace is broadening its payments options and looking to give its sellers more financial support.
By Dan O'Shea • July 24, 2018
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Study: Shoppers prefer Apple Pay but spend more with Walmart Pay
Merchants can gain a competitive edge over Apple Pay by highlighting discount- and shopping-focused app features.
By Robert Williams • July 19, 2018
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Amazon Go competitor raises $5.5M
Standard Cognition, a prominent player in the rising cashierless technology sector, has now raised $11.2 million to date.
By Dan O'Shea • July 18, 2018
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SponsoredLeveraging the evolving payment moment
With consumers hungry for easier retail experiences, merchants look to up their pace with seamless payments that strengthen brand loyalty and increase conversions.
By Wirecard Staff
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Facebook payments patent reveals e-commerce ambitions
In a recent patent filing, the social media network described a plan to streamline AI-driven payments through Messenger.
By Dan Alaimo • July 13, 2018
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Walmart mulls credit card switch
The retailer's credit business is unlikely to carry the level of perks found at other retailers, and a switch could be tricky, as Costco found out two years ago.
By Daphne Howland • July 13, 2018
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BJ's Wholesale accepts PayPal in latest digital move
The wholesale club is aggressively expanding online and mobile capabilities following its IPO, adding new digital payment options to streamline transactions.
By Dan O'Shea • July 10, 2018
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Deep DiveWhy virtual reality won't revolutionize retail, but scan-and-go will
From robots to digital pickup towers, technology is deeply intertwined with retail. But which innovations are taking off and which are spewing smoke?
By Cara Salpini • July 03, 2018
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Amazon teams with Amex for small business credit card
This news comes three months after Amazon was reportedly in talks with JPMorgan Chase and other banks about launching a small business credit card.
By Dan O'Shea • June 27, 2018
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Venmo rolls out debit card
A year after reports claimed such a move was on the table, the payments service is allowing users to make purchases anywhere Mastercard is accepted.
By Dan O'Shea • June 25, 2018
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Alibaba is updating 400 RT-Marts with tech
In-store shoppers can use the Mobile Taobao app to scan bar codes and place products in a virtual shopping cart, pay for them through Alipay and then have products shipped to home.
By Dan Alaimo • June 20, 2018
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Google to invest $550M in JD.com in blow to Amazon, Alibaba
The tech giant follows in the footsteps of Walmart and China's Tencent, becoming the latest player to invest in juggernaut JD.com.
By Dan O'Shea • June 19, 2018
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Survey finds many retailers have paid off ransomware hackers
Retailers admit to paying ransoms to hackers, but a newly formed group within the industry designed to promote payment security could help stop the practice.
By Dan O'Shea • June 14, 2018
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Report: Microsoft creating cashierless tech to battle Amazon Go
The tech giant could be emerging as a new 800-pound gorilla in the cashierless checkout technology market, according to Reuters.
By Dan O'Shea • June 14, 2018
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Amazon reportedly picks 2 Chicago sites for Go stores
The e-commerce giant has chosen two sites known for high foot traffic volumes as locations for its first two cashierless convenience stores in the city.
By Dan O'Shea • June 11, 2018
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PayPal acquires AI-driven predictive marketing company Jetlore
PayPal's latest acquisition shows it is looking beyond payments to make itself a more valuable partner for retailers.
By Dan O'Shea • May 31, 2018
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Blockchain poised to 'revolutionize' retail, Deloitte says
The consulting firm expects that the ledger technology underlying bitcoin could be used to secure transactions and supply chains.
By Dan Alaimo • May 30, 2018
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Starbucks has the most-used mobile payment app
But competition is heating up as the use of Apple, Google and Samsung's proximity mobile payment apps grows, according to an eMarketer forecast.
By Dan Alaimo • May 22, 2018
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PayPal shells out $2.2B for iZettle
Over the past five years, the company has made at least a half a dozen acquisitions, but its latest and biggest deal could significantly power its in-store payments strategy.
By Dan O'Shea • May 20, 2018