PYMNTS

NOVEMBER 9, 2018

For retailers, the holiday season is both a busy and profitable time, but it’s also when cybercriminals seize the opportunity and target those increased retail revenues. Fraudsters are using this data to pull off card-not-present (CNP) fraud schemes, such as account takeovers. About The Report.

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Trends CA Security Retail 190

PYMNTS

OCTOBER 9, 2020

Brick-and-mortar commerce has rebounded in recent months, but consumers are still heading online for many of their purchases, maintaining trends set in the early months of the pandemic. Payment trends are expected to continue to tilt toward eCommerce through the remainder of 2020 as well, with some experts predicting that more than 2.1

Fraud 188

Fraud Retail Report Online 188

PYMNTS

OCTOBER 14, 2020

The approach bucks a recent technology industry trend to move away from offering free subscriptions. Apple TV+ and Apple Card also are sold as part of the Apple One bundled subscription offering, which the company in its marketing materials calls “the ultimate collection of Apple services for one low monthly price.”.

Apple 176

Apple Trends Industry United States 176

PYMNTS

JUNE 17, 2019

Is the store register on its way out in favor of other retail and payments innovation? In case you didn’t hear, Target faced a register outage that lasted for about 90 minutes on Sunday (June 16), which meant the retail chain couldn’t process cards or other forms of payment.

Retail 138

Retail Payments Metro Software 138

PYMNTS

AUGUST 9, 2019

In an interview with PYMNTS, Tim Moran, senior vice president of product and marketing at Worldnet , told PYMNTS that the age of automated retail is dawning — but there is no one-size-fits-all approach. Moran said the overall trend toward automation is being driven by the consumer, and in particular, by millennial consumers.

Retail 181

Retail Analytics Millennials Online 181

PYMNTS

JULY 31, 2018

s Fa ster Payments Support Everyday Retail? retailers are looking for cheaper, faster alternatives to card-based payments, and some financial players think the Faster Payments rail could be key. Can The U.K.’s A number of U.K. The Faster Payments Tracker is the go-to resource for staying up to date on a month-by-month basis.

Retail 148

Retail Trends Payments Regional 148

PYMNTS

DECEMBER 21, 2020

Kroger customers can now expediently and simply order gift cards for curbside pickup in addition to their supermarket items at 1,900 of the chain’s locations throughout the nation, according to a Monday (Dec. 21) announcement from Blackhawk Network.

Cards 159

Cards Branding Customer Experience Innovation 159

PYMNTS

JANUARY 15, 2021

The holiday shopping season is the most wonderful time of the year for the retail industry. Brick-and-mortar merchants and online retailers alike often rely on end-of-year sales to generate up to 40 percent of their annual revenues and start the new year on a positive note. A notable $730 billion in U.S. A notable $730 billion in U.S.

Retail 159

Retail Online Fraud Cards 159

PYMNTS

JANUARY 15, 2021

In the inaugural QR Code Payments Tracker® , PYMNTS explores the latest in the world of QR codes, including new implementations at retailers and payment providers, the security concerns facing this payment method, and the pandemic’s effect on the development and rollout of QR code-enabled payment options. Retail Environment.

Retail 207

Retail Security Payments United States 207

FICO

JANUARY 12, 2022

I recently sat down with Sidhartha Dash, Research Director at Chartis Research, for a conversation about the technology and trends in enterprise fraud management. Fraud and Financial Crime Technology Convergence. Should you centralize or converge fraud and financial crimes operations and technology?

Fraud 52

Fraud Technology Management Trends 52

PYMNTS

JUNE 12, 2019

One example in retail and payments is tech incubators — specifically, those run by specific companies and brands, a trend that shows signs of growing even more in the 2020s (which, let us remind you, are only a few months away). This QR code can lead to a more expensive transaction and a less seamless experience compared to NFC.”.

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Innovation Retail Metro Case Study 192

PYMNTS

JULY 9, 2019

Automated retail might conjure up images of robot cashiers, but beyond a few convenience stores in Japan and Korea, that sci-fi development hasn’t yet become reality for the wider world. The latest Automated Retail Tracker explores these trends and new developments in the unattended retail space.

Retail 180

Retail Houston Minnesota Austin 180

PYMNTS

JULY 3, 2019

That’s when there is generally another point of frustration and friction: checking out after the dental work, perhaps giving over a payment card and signing up for another appointment. In fact, the vast majority of the growth NMI is seeing is happening almost entirely outside of retail. She was able to simply go home. “It

Retail 133

Retail Software Mobile Payments 133

PYMNTS

OCTOBER 22, 2020

That compares to 34 percent saying they would not buy from merchants at all if QR code-enabled payments were unavailable, 40 percent of consumers who prefer digital wallets and won’t buy from merchants that don’t accept them, and 37 percent who won’t shop someplace unless their contactless card is accepted. Klarna’s Growing Partner Roster .

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Trends Payments Retail Meeting 193

PYMNTS

OCTOBER 21, 2020

One recent study found that 29 percent of customers would stop shopping with retailers that they felt offered inadequate public health or safety measures, for example. Merchants are used to keeping up with shifting trends and adjusting their products and marketing to engage consumers chasing after new items and experiences.

Retail 174

Retail Payments Report Trends 174

PYMNTS

AUGUST 27, 2019

When it comes to retail innovation — changes that promise to influence commerce not only this year, but in the 2020s — cameras could have a significant role. Some of the latest developments provide evidence to support that trend. That’s not the only way innovation with cameras can help retailers. Data Blocks.

Retail 118

Retail Innovation Video Data 118

PYMNTS

MARCH 11, 2020

The advance of Amazon’s cashierless technology is not a new story to the retail beat as of 2020. We’re not trying to replace them,” Cameron Janes, vice president of Amazon’s physical retail division, told CNBC. “I Shoppers enter the store using a credit card. What does Amazon’s technology cost?

Retail 130

Retail San Francisco Technology Data 130

PYMNTS

JANUARY 22, 2020

For retailers, nothing really ever comes easy — and things aren’t getting any easier, at least when it involves gaining and retaining customers. Indeed, as the recently completed National Retail Federation (NRF) retail show in New York City demonstrated, commerce keeps moving to what Webster called in the webinar a “customer-centric approach.”

Retail 137

Retail Millennials New York City social media 137

PYMNTS

APRIL 30, 2019

According to Will Byrne, CEO of Worldnet Payments , the kiosks and smart shelves that are gaining traction across any number of commerce and retail settings may even shift the employment picture a bit. This has become an irreversible trend,” he said. The Changing Retail Footprint. For example, in the U.K., percent.

Retail 138

Retail Data Operations Payments 138

PYMNTS

OCTOBER 29, 2020

According to FIS, the minimal increase was due to consumer spending trends associated with the pandemic. Norcross told the earnings call that technology and digital-first solutions were a key to Q3 and will be important in Q4. “We Net earnings were $20 million. billion, primarily due to the Worldpay acquisition.

Technology 101

Technology Cards Retail US 101

PYMNTS

MARCH 25, 2020

While there are some segments of the retail economy that are enjoying what can only be described as boom times , for most retail — particularly physical retail — times are slow. The reality is that unattended retail is also taking a big hit. Completing The Retail Triangle .

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Retail Technology Training Mobile 116

PYMNTS

AUGUST 13, 2019

Not only is it a big time for retail but, in a sense, a kind of dress rehearsal for the upcoming all all-important holiday shopping season. Retail back-to-school spending for families will hit an average of $696.70 last year, according to the National Retail Federation , a trade group. this year, up from $684.79 Amazon Effort.

Retail 127

Retail Innovation Course Trends 127

PYMNTS

JANUARY 13, 2020

The launch of EMV chip cards in the U.S. Despite their success, the use of EMV cards with no required PIN codes has left a door unlocked for crooks. The heightened risk to merchants and issuers is being keenly felt – someone pays when cybercrooks succeed, and it’s often the retailer. It’s not all good news.

Trends 136

Trends Fraud Cards National 136

PYMNTS

OCTOBER 23, 2018

Scotland, meanwhile, is looking to distributed ledger technologies (DLTs) to develop secure digital identity credentials. The country’s government recently announced a partnership with California-based firm Everest Technologies. Europe isn’t alone in its pursuit of digitizing identification, though — just ask Indonesia.

Trends 134

Trends blockchain California Security 134

PYMNTS

NOVEMBER 21, 2018

In one recent move, for example, Avtex , a call center customer experience consulting and technology company, partnered with biometric identity company Daon. CallVU , a mobile digital engagement platform provider, recently announced that its biometric authentication offering was selected for use by an international credit card provider.

Trends 190

Trends Fraud Customer Experience System 190

PYMNTS

OCTOBER 14, 2019

If so, you’ve been at the site of one of the hottest areas of retail innovation. The general idea, of course, it to further personalize the consumer experience and also save customers the trouble of pulling out credit cards or phones to make purchases. Been on a fast food drive-thru lately? are now looking to follow suit.”.

Innovation 125

Innovation Retail Google Course 125

NCR

SEPTEMBER 22, 2017

In the retail industry, like many other sectors, the maxim ‘innovate or die’ seems to be growing in authority and relevance by the day. Bricks-and-mortar-only retailers, by comparison, have experienced a decline of 0.41 ‘Digital dinosaurs’ at risk of extinction? percent on average in the past year.

Retail 80

Retail Technology Comparison Trends 80

PYMNTS

DECEMBER 19, 2019

That’s because cameras are playing a much bigger role in retail, a trend that will keep gaining steam in the new decade. The Associated Press reports that cameras are, at least somewhat quietly, making inroads into a number of retail outlets in a bid to, well, get to know you. are now looking to follow suit.”.

Retail 131

Retail Software Video Course 131

PYMNTS

SEPTEMBER 25, 2019

Can a person’s ear serve as one of the next frontiers of retail innovation? News has recently emerged that a computer scientist has developed what Geek.com called a “novel way of unlocking your phone,” which, in turn, could one day find its way into retail uses as a new form of biometric authentication. China Example. Other Players.

Retail 152

Retail Innovation System Examples 152

PYMNTS

NOVEMBER 13, 2019

Sustainable notions of commerce are moving ever more to the forefront of retail, and judging by shifting consumer trends — especially the preferences of younger consumers coming into their own — you can bet the trend will only get more intense in the coming years. And recent retail innovations would seem to bolster that point.

Retail 135

Retail Trends Innovation Cards 135

PYMNTS

JANUARY 17, 2019

17), for instance, Square announced the Square Card , a business debit Mastercard aimed at helping businesses manage cash flow. The motivations behind that new card help illustrate why other companies see Square as a threat. The new debit card can be used anywhere Mastercard debit cards are accepted. On Thursday (Jan.

Cards 175

Cards Data User Experience Trends 175

FICO

FEBRUARY 21, 2023

Inflation is easing as funding rates have risen to 15-year highs, but the technology sector is beginning to lay off employees in masses – through 2022 low levels of unemployment kept the U.S. Increasing of the fed funding rates leads to higher interest rates when seeking new credit or carrying balances on credit cards.

Trends 52

Trends Industry US Cards 52

PYMNTS

JUNE 21, 2019

Retailers, too, have higher education on their minds. It has long been a significant presence in the lives of many college students, and that trend is sure to grow even more in the coming months and years. The effort to get that right on college campuses involves tokening credit card payments and providing seamless sign-in services.

Retail 100

Retail Innovation Mobile Course 100

PYMNTS

OCTOBER 30, 2020

We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. The “whose customer is it” question is now at the core of a number of the platform dynamics at play today and experiences that shoppers and retailers have with those platforms. Trackers And Reports .

Technology 161

Technology Apple Payments Capital 161

FICO

FEBRUARY 16, 2023

Now that we have data from the entire year to review, we are seeing the alarming trend continue. For 2022, we saw a significant increase in compromised cards resulting from skimming activity. Total compromise cards were up 368% from 2021, with more than 161,000 impacted cards identified — nearly a 5x increase over 2021.

Cards 98

Cards US Data Fraud 98

PYMNTS

DECEMBER 7, 2016

In an interview with PYMNTS’ Karen Webster, Mike Lawlor, chief services officer of USA Technologies, dove into the innovations that have marked the unattended retail space. Payment methods have also evolved and embraced new technology.

Retail 100

Retail Trends Technology Operations 100

PYMNTS

MAY 25, 2017

USA Technologies (USAT), a payment technology provider of cashless and mobile transactions in self-serve retail , announced Wednesday (May 24) a strategic agreement with Five Star Food Service, a full-service vending, micromarkets, office refreshment services and corporate dining company, to expand their partnership.

Technology 101

Technology Digital Strategies Leadership Retail 101