The Wall Street Journal reported last month (April 7) on the evolution of self-checkout systems, focusing on Uniqlo’s parent company, Fast Retailing, and its introduction of radio frequency identification (RFID) technology into the process. In stores where the system is implemented, shoppers can simply drop...
France’s president is due to unveil billions in investments in his country by global businesses. Emmanuel Macron has invited around 200 business leaders to Versailles on Monday (May 15), according to a report Sunday (May 14) by Bloomberg News. The meeting — which will include the...
As consumers cut spending, investors are reportedly worried Target’s next earnings will miss the mark. The retailer is set to release quarterly figures Wednesday (May 17), and expectations for what those numbers will show have been set low, Seeking Alpha reported Saturday (May 13). The report quotes Morgan Stanley analyst...
Twitter’s new CEO says she’s excited to “transform” the social media platform. Linda Yaccarino, named chief executive last week by Twitter owner Elon Musk, tweeted on Saturday (May 13) to thank her new boss. “I’ve long been inspired by your vision to create a brighter future,” Yaccarino wrote....
Fraudsters stole more than £1.2 billion ($1.5 billion) in the U.K. last year, down 8% since 2021. That’s according to new findings from UK Finance, which also concluded that 78% of authorized push payment (APP) fraud begins online, with another 18% starting via telecommunications. The report also found...
Inflation might be cooling but it hasn’t worn off yet, especially as consumers continue to purchase products that can essentially be dubbed “in demand.” Take Olay’s new SPF 30 mineral sunscreen for sensitive skin, which was reportedly found to retail for $50 in stores. In...
Salsa has raised $10 million to help software platforms embed payroll features inside their own products. By embedding Salsa’s application programming interfaces (APIs) in their platforms, developers can enable businesses to handle payroll within the same software platform they use to manage their business and employees every day,...
Ahrvo Labs has launched a platform that allows any authenticated bank account to be used for cross-border transactions. The company’s new Cross-Border Open Banking platform supports transactions in 185 currencies and eliminates the need for traditional layers of onboarding, Ahrvo Labs said in a Thursday...
The value proposition of online commerce is, above all else, convenience. “Building a Better Online Checkout Experience: The Key Features That Matter to Customers” a PYMNTS and Checkout.com collaboration, surveyed 2,030 U.S. consumers and found that the biggest barrier preventing smooth, seamless checkout online is an overall...