Governments are exploring options for developing nationwide digital ID systems, while financial institutions (FIs) and merchants are improving their authentication procedures for digital IDs. In faster payments news, the Fed is planning to build its own instant clearing and settlement rails. And, in retail, malls are looking for innovations with new uses for old commerce spaces....
Payments can help merchants fight app fatigue, with the App Store and Google Play collectively offering over five million apps. In retail, NakedPoppy taps into digital technology and artificial intelligence (AI)-screened data to turn makeup into a “set it and forget it” kind of setup. And self-driving vehicles stand to be among the next...
Feeding the world is a noble goal – and in the digital era, it’s not a bad line of business to be in, either. Hence the ever-shifting competition to be the firm that delivers deliciousness to consumers’ doors. But with every innovative march forward there...
The U.S. is known for, among other things, being a “more is more” kind of place. Sometimes that is a good thing (case in point: our $1 trillion-a-year restaurant industry). Sometimes, not so much (check out our student debt numbers). The question for U.S. merchants and...
As 2019 is entering into its second half, there is no shortage of investments in the future of the consumer experience. FIs are investing in building the next generation of services for consumers and small businesses, and VCs are investing in the FIs that are...
The world of payments and commerce appears to be growing quite literally in every direction at once: across borders and into experiences as large and important as paying for college, or as small and day-to-day as buying a pizza. So where’s the challenge? Although those...
Are consumers looking for a centralized app experience – one app to rule them all that streamlines access to any and every function a consumer could want, such as shopping, banking, entertainment and socializing? The data is mixed: A little under one-third of them do,...
Mobile order-ahead is on the rise, as new players enter the delivery scene and voice assistants take hold. In automated retail, merchants are updating their sales models with new takes on vending machines and delivery approaches. And, in earnings news, Starbucks reported better-than-expected financial results for the third quarter. All this, Today in...
Internet of Things (IoT) devices continue to grow in popularity, but security and privacy issues continue to make headlines. In security news, fraudsters are tapping into mobile and app-based channels for fraud attacks. And in retail, Chipotle Mexican Grill beat analysts’ expectations for second-quarter earnings. All this, Today in Data. Get the...
