Merchant Innovation

Apple Pay Picks Up Ten New Merchants
April 10, 2015

A mid-week update to the Apple Pay page indicates that another 10 physical retailers joined the Apple Pay party this week. Acme, Davis Food & Drug, Firehouse Subs, GameStop, Luby’s, Rubio’s and T-Mobile all joined the Apple accepting list this week – as did the Phoenix...

Merchant Innovation
AmEx Experimenting With Facial Recognition Tech
April 10, 2015

After a tough 2015 so far, American Express Co. is experimenting. In particular, AmEx is taking a closer look at facial recognition and wearable technology with an eye toward developing new capabilities for some of its mobile apps. Those products could be used to reach...

Merchant Innovation
Millennials May Be Waste Of Retailers’ Time
April 10, 2015

Is all this catering to millennials a waste of retailers’ time? That’s what a new report from Forrester Research suggests. The problem? Millennials and other consumers under the age of 45 don’t have much money and don’t respond to conventional marketing, while older consumers have...

eBay Updates Post-Split Operating Agreement
April 09, 2015

eBay and PayPal’s evolution toward two separate entities took a big step forward today (April 9) with the filing of the updated Form 10 – which details what the operating futures of the two firms will look like once eBay and PayPal split. The goal,...

Cool
Alipay’s ePass – A Simple Premise With Big Promise
April 09, 2015

There is more meaning than there used to be in the phrase “just one more thing.” Steve Jobs can be thanked for this. After all, he used those words to introduce the very special “i” line of products over the years, and it is a recognizable...

P2P Lender Prosper Valued At $1.9B
April 09, 2015

The United States’ second biggest P2P lending market has closed out a financing round that pushes its valuation to $1.9 billion – rocketing it into the “unicorn” strata of startups and nearly tripling up its last valuation of a year ago. This all comes while Prosper...

Square Adds Fastbite Service To Its Delivery Service Menu
April 09, 2015

Even given the tech sector’s nearly universal drive to make sure that no American with a smartphone will ever be hungry again, Square’s acquisition of food delivery service Caviar last summer seemed like something of a puzzler. Square’s main corporate MO had been centered on payments...

Macy’s Adds Product Proximity Search To App
April 09, 2015

Macy’s has been known for testing the omnichannel waters, which seems to be paying off for the major retailer. And while Macy’s already allows its customers to sort products by store location to see where they are available, the retailer has recently added the option to...

Taco Bell May Soon Deliver To Consumer’s Door
April 08, 2015

Taco Bell wants to inverse the drive-thru and bring your food to you. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....