In the global payments conversation, retailers tend to get short shrift. A survey from ACI Worldwide and Ovum gave retailers around the world their chance to be heard…and what they said ought to upend the status quo in payments.
It’s the million dollar retail question. Why do consumers choose a particular merchant for their digital shopping? Product? Price? Selection? Not exactly. It’s trust. And, overwhelmingly so. At least that’s what the August Vantiv Omnicommerce Tracker research revealed. MPD CEO Karen Webster caught up with Jason...
From Shutter Island (last week) to Bitcoin Island today. Bitcoin is second nature at this quirky tiny self-governed land called the Isle of Man. Find out why, not to mention why Visa is backing the blockchain, how bitcoin blackmail is an increasing threat to banks,...
Why do retailers keep shoveling promotions to consumers when only 18 percent of them consider them critical drivers of their purchase decisions? That’s just one of the insights from a new MasterCard report on what motivates the “omnishopper” to shop and buy. Want to get...
Innovative: Featuring new methods, ideas or technology that are advanced, original and creative. Synonyms: new, novel, unusual, unprecedented, avant garde, fresh, experimental American industry has fallen head over heels in love with the concept of innovation. And we mean all of industry — tech products,...
Last week a federal court made the decision to endorse the Federal Trade Commission’s power to hold companies accountable if they fail to provide “reasonable protections” and cybersecurity measures.
The Obama Administration is reportedly taking a step toward holding China’s companies and individuals who have benefited from their government’s cyber theft accountable with economic sanctions.
It’s been a bad couple months for Ashley Madison and its parent company Avid Life Media. Reports about the company are now showing that things appeared to be getting bad for the company even before the hack hit. Fortune reported that the the hacking of Ashley...
What do theme parks and retail have in common? They’re both about creating experiences that consumers enjoy, want more of and don’t scrimp on when buying that “experience.” Turns out, retailers can learn a lot from theme parks, the savviest of which actually operate sophisticated...
