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New Toshiba Commerce System Offers Retailers ‘Amazon Go At Scale’

PYMNTS

Retailers made all sorts of quick pivots to their eCommerce sites as the pandemic unfolded, but in-store legacy technology proved to be an obstacle for many of them. The company said that while retailers often come up with innovations , “bringing these ideas to in-store trials, iterating them quickly and rolling them out at scale takes years.

System 189
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PAAY Rolls Out Partner Platform To Complement EMV 3DS Technology

PYMNTS

PAAY said its EMV 3DS offering lets merchants decrease chargeback costs, bolster authorization rates and maintain compliance as they provide an easy as well as frictionless experience for users. The company reports that retailers selling through eCommerce are experiencing record sales numbers, but fraud rates are also on the uptick.

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CPG Companies Capitalize On Dramatic Digital Shift

PYMNTS

By way of comparison, spending at brick-and-mortar drugstores was down 5 percent and total trips across CPG outlets were down 3 percent compared to the year-ago period during the week ending Aug. To capture consumer volume, eRetailers are improving their user experience and lowering product pricing,” says Mediapost.

Company 140
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Bitcoin Daily: Rising Electric Rates Challenge Bitcoin Mining Profits; Bitwala Plans Blockchain Account With solarisBank

PYMNTS

Bitwala President Jörg von Minckwitz said in a statement that solarisBank’s “technical services and regulatory umbrella enable Bitwala to be fully compliant with German banking requirements while offering a reliable user experience.”. By comparison, 86 percent of bitcoin mining revenues represented estimated profits back in January.

Bitcoin 116
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Bye Bye Bougie: Curtsy Offers Closet Strategies For Gen Z

PYMNTS

I think to a lot of Gen Zs, a pair of Yeezys is a pair of Yeezys, whether they got them fresh from a retailer or they scored them from a resale app,” Oates said. So, Curtsy by comparison is, like, dummy-proof.”. Resale Versus Rental. “I But it wasn’t always that way. Dummy Proof.

Strategy 192
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Biometrics Changes Tempt eCommerce Companies As Fraud Defense

PYMNTS

If a user opts to use them (and not all eCommerce platforms allow this) the system will only allow access to an account with an exact match. There is a misconception that biometric authentication automatically translates into identifying exactly who the user is,” says BiometricUpdate.

Fraud 164
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E Pluribus Unum: One Payment Stack To Rule Them All?

PYMNTS

The user experience suffers, he said, and fraud is still getting through despite all the defenses in place. By comparison, he said, the layered approach creates pain points for businesses and customers alike while leaving money on the table with high false positive rates. For everything else, there’s the zero-fraud guarantee.

Payments 122