NRF Roundup: The Latest Announcements From ‘Retail’s Big Show’

NRF 2016, the annual retail event held by the National Retail Federation, kicked off this week in New York City and, as expected, is already abuzz with plenty of big announcements out of payments and commerce companies — both big and small.

In case you didn’t get the chance to stop by NRF, or if you just need a refresher of what you may have missed, PYMNTS has gathered a roundup of some of the biggest news out of NRF so far.

Ingenico ePayments Brand Launches

Ingenico, a Paris-based payments provider, announced the rollout of its new brand today (Jan. 18), officially known as Ingenico ePayments.

This new online and mobile commerce division is aimed at bringing merchants end-to-end products and services that connect merchants and consumers. According to the company’s news release on the launch, Ingenico ePayments enables over 150 different payment methods in more than 170 countries.

It offers merchants advanced data analytics through its business intelligence tool, Elevate, as well as fraud management solutions and cross-border commerce assistance. Ingenico ePayments is also designed to provide integration and mobile-optimized checkout solutions through Ingenico Connect.

“This brand will undoubtedly solidify our position within the eCommerce industry, taking us a step further towards becoming an omnichannel player and bringing added benefits to our merchants,” Philippe Lazare, Chairman and CEO of Ingenico Group, noted in the release.

Mozu Enterprise eCommerce Marketplace Launches

Mozu, a cloud commerce platform, announced the rollout of its new enterprise eCommerce platform, Mozu Marketplace.

This platform offers apps, accelerators, widgets and extensions from more than 80 commerce tech companies, including Google, PayPal and Salesforce. The marketplace offers one-click and integration of retail commerce technologies.

“Often, the overwhelming amount of technology options can actually get in the way of retail innovation,” said Jason Wallis, CTO of Mozu. “We’ve set up the Mozu Marketplace as a go-to resource for retailers to quickly integrate with the industry’s leading commerce technologies through our one-click integration. We focused on taking the guesswork out of eCommerce, so that retailers can focus on running their business, and increasing revenues and profitability.”

Elo Adds EMV/NFC Support To Verifone Payment Devices

Elo, a supplier of interactive touchscreen solutions, announced that it has integrated its self-service platform with one of Verifone’s payment devices.

What this integration does is bring support for loyalty programs, along with EMV, NFC and mobile wallets, into retail self-service and endless aisle environments. The integration includes Verifone’s e355 all-in-one tablet solution with Elo’s touchscreen offerings that aims to simplify and reduce costs for new payment and loyalty methods in self-service and endless aisle retail environments.

“From gift registry or loyalty programs to endless aisle and price checkers, any in-store fixed digital touchpoint now becomes another point of commerce for your customers,” said Dan Ludwick, vice president and general manager of Elo. “Retail customers expect streamlined self-service options in-store, and competitive retailers are quickly embracing integrated payment solutions with every digital experience.”

NCR/Invenco Bring EMV Payments To The Pump

NCR announced a new partnership with Invenco, a global supplier of automation and transactional payment systems in the retail petroleum market, to bring its EMV-enabled touchscreens to the pump.

What this means, is that retailers who use the NCR Outdoor Payment Terminal will be able to engage with consumers at the pump to connect them to sales in the store, the ability to order food items, buying lotto tickets and the ability to interact with loyalty program rewards.

“With EMV compliance guidelines looming, convenience store operators are looking closely at their consumer experience at the pump,” said Jason Groff, director of Petroleum and Convenience Retail at NCR. “Through our new relationship with Invenco, we are able to provide c-stores with a compelling change to their existing technology so that they can be EMV compliant and drive new revenue through enhanced engagement with their fuel consumers.”

Intel’s Retail-Driven IoT Platform 

Intel’s IoT ambitions were further revealed as it announced details behind its first IoT platform, specifically designed for retail.

As of Jan. 18, Intel’s new Retail Sensor Platform is available and offers IoT platform solutions that combine an Intel-based retail sensor, an Intel-based gateway, and the Intel Trusted Analytics Platform, designed to provide retailers with a more seamless way to collect actionable, near-real-time intelligence. This is currently being tested in Levi Strauss & Co.

At NRF, Intel unveiled a series of innovations aimed at the customer experience and connecting shoppers with new technologies to make their purchasing decisions easier using the power of Internet of Things. What this includes for Intel is:

  • Digital scanning with Intel RealSense technology for body measurement to make a custom Brooks Brothers shirt using Size Stream.
  • Precise foot scanning solution at Nordstrom using Volumental technology to give recommendations for shoes that are a great fit.
  • A Capgemini solution that uses Intel RealSense and Intel Core processors to instantly translate small-scale physical building blocks into customizable 3-D room or store layouts to allow customers to enter a virtual reality model and design their spaces how they want.

“Retailers seem to be turning a corner in terms of using new technologies to better understand their business and connect with customers,” said Joe Jensen, vice president of Intel’s Retail Solutions Division. “In fact, Lightspeed POS recently found that, compared to last year, twice as many independent retailers are currently investing in technology that uses data analytics and software to make smarter buying decisions.”


New PYMNTS Report: Preventing Financial Crimes Playbook – July 2020 

Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. Chris Tremont, EVP at Radius Bank, tells PYMNTS that financial institutions (FIs) can beat such highly organized fraudsters at their own game. In the July 2020 Preventing Financial Crimes Playbook, Tremont lays out how.