The subscription model has its lures – especially for retailers and other consumer-facing customers. Chief among them: steady top lines that translate into cash flow, and relatively lower marketing costs. But to get there, retailers need to be judicious in how they provide payment experiences...
The battle for proper identity verification is an ongoing – and perhaps eternal – one. Knowing who’s on the other side of a transaction – and being certain that they are who they say they are – is critical, especially for merchants. In the latest...
The deadline for strong customer authentication (SCA) came last month, and the new standards are among the final mandates of the revised Payment Services Directive (aka PSD2). But as the latest edition of the PSD2 Tracker noted, European merchants and payment providers are still scrambling...
Digital platforms are driving innovation in the health and wellness space. ClassPass, for instance, was designed as a one-stop digital shop that allows consumers to access gym classes and related programs. In other digital innovation news, Amazon is growing its 4-star store footprint, showcasing items rated four stars or higher by online...
Taco Bell is among the major restaurant brands that has teamed with delivery service provider Grubhub to reach customers. Beyond its delivery efforts, the company is bringing self-ordering digital kiosks to its restaurants across the country. And, in other retail news, Postmates is working with merchants beyond restaurants such as Walgreens. All this, Today in Data. Get...
Maps are pointing the way toward innovations, disruptions and trends that could dominate the 2020s. In disbursements, instant payments and solutions are changing rebates, while in innovation, NEXT Trucking is tapping into digital technology to connect shippers with drivers and trucking companies. And in retail, BN3TH is innovating with men’s underwear, which is a field...
Neighbor.com aims to bring digital and mobile efficiencies to the self-storage industry with an Airbnb-like model. In digital fraud news, new global regulations and solutions are being deployed to keep consumers, merchants and banks safe as fraudsters become more aggressive. And in retail, pizza’s popularity constitutes a driving force for ongoing innovation in the...
Technology offers the benefit of helping QSRs leverage knowledge about their customers’ preferences into stickier relationships. As voice ordering, inventory management and self-service kiosks are becoming more commonplace, artificial intelligence and machine learning let firms automate inventory management and other functions. And, as noted in the...
The world may not feel like a radically different place than it was 25 years ago – but in terms of what consumers can buy, how they shop, how they pay, where they travel and what taxes they face – it is a whole new ballgame. But while the front-end...