The Australian Competition and Consumer Commission (ACCC) is considering standards that would affect the mobile wallet industry in Australia, but negotiations are messy. First, standards for consideration by the ACCC were not outlined — not to mention that Australian banks want open access and competition,...
For this eCommerce roundup, reports are showing increased eCommerce activity in Moscow, France, Malaysia and the U.S., specifically for Best Buy. In South Asia, India’s eCommerce is sputtering, and there are plenty of layoffs in a nation where mobile phones are popular but retail spending...
Online shoppers may have noticed a quicker, more seamless experience recently. Savvy merchants are striving to make the online shopping experience, from discovery to final payment, easy for the consumer, and their efforts are paying off, according to the latest data from the most recent...
Retail’s a tough racket. One minute, you can have the hottest product or store on the block — think Aéropostale about a decade ago — and the next, no one wants to buy the product any longer, the brand is now suddenly considered uncool and...
In an effort to get back into the home improvement market, Sears announced on Tuesday (Aug. 30) that it is bringing back paint sales to its stores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
How consumers interact and respond to celebrities pitching branded products in China is very different than the way consumers in the U.S. do, but a new study takes a look at how brands are using popular Chinese celebrities as influencers to reach potential customers. Get...
Uber is getting a president, CEO Travis Kalanick is getting a deputy to oversee his firm’s operations and Target is losing a marketing executive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Trevor Rich, Lovell Minnick principal, sees change and opportunity ahead for strategic (and private) merger activity in the payments space.
Earlier this year, India took a major step toward giving its cash-driven economy a mobile payment spin. The country’s Reserve Bank of India (RBI) announced in April the launch of a new mobile-powered system called “Unified Payment Interface” (UPI), which is designed to facilitate money...
