It appears Cyber Monday’s hype was justified. According to data from HookLogic, traffic increased six times and conversions increased nine times when compared with a daily average for major retailers like Walmart, Target, Best Buy and Macy’s. Cyber Monday also saw a surge of shoppers turning...
Could the Black Friday/Cyber Monday retail sales be Apple Watch’s saving grace? The latest analyst report from Daniel Ives, of banking firm FBR & Co., suggests that Apple Watch sales could double due to a surge in purchases this holiday season, sparking total sales of 12 million units in...
Big changes are afoot in Samsung’s mobile division. J.K. Shin, co-CEO and mobile division chief of Samsung Electronics, will be handing over day-to-day operations of the division to Dongjin Koh. Koh, until now, was the head of Samsung’s mobile R&D and is widely credited with the...
Entrepreneurs and industry standbys from South Korea have been at the forefront of developments in the consumer electronics and mobile device markets, but recent news from a regulatory group could soon have South Koreans leading the race toward online-only banking as well. Reuters reported that...
While consumers in the Western world live in a veritable web of connected devices, shoppers in emerging markets don’t quite have the range of digital amenities that make entering into the mobile payments world a smooth transition. However, Chinese telecom giant Tencent recently unveiled plans to...
Earlier today, TSYS released its inaugural German Consumer Mobile Payment Study, containing valuable insights into key consumer mobile payment preferences and a range of relevant industry topics. The goal of the report was twofold: 1) to investigate consumers’ current behavior; and 2) to understand how...
Retailers and their increasingly complex logistics networks are only as strong as their weakest links, and there’s no day like Cyber Monday to put just about every brand under a stress test of the highest order. However, with more and more customers staying home on...
Swatch’s smartwatch that will enable payments from Visa cardholders in the U.S., Switzerland and Brazil is set to launch in early 2016, the company confirmed. Details about the Swatch Bellamy smartwatch partnership with Visa and Visa Europe were initially reported last week (Nov. 24), but...
“Frictionless” may turn out to be 2015’s payments and commerce word of the year. It’s the word that merchants use to describe the user experience they seek for their customers online. And, not surprisingly, it’s how innovators describe what their mobile payments and commerce solutions...
