September 29, 2014
ShopKick’s $200M Payday
U.S.-based Shopkick is heading toward full acquisition by South Korean wireless company SK Telecom. SK has agreed to pay about $200 million for the shopping loyalty app, reports The Wall Street Journal. ...
September 22, 2014
Who Will Run “Android Pay?”
While the world’s now focused on Apple Pay, there’s another “A” player that’s just as capable of shaking things up in mobile payments. Android. Except that there’s just one problem,...
September 17, 2014
Macy’s Latest Showrooming Weapon
Macy’s is launching its own mobile image-recognition app designed to let customers easily search for items on its ecommerce site by submitting a photo of an item from daily life,...
September 17, 2014
Debt Collection StartUp Gets Boost From Khosla and Max Levchin
Debt-collection startup TrueAccord was launched after co-founder Ohad Samet started getting phone calls at random times from a number he didn’t recognize — which turned out to be a debt-collection...
September 08, 2014
Innovation … You Know It When You See It
How Innovative Is Payments? No one really knows how to consistently define or measure innovation. Hear me out. Tuesday (Sept. 9) is finally the day that Apple, a company that...
September 08, 2014
Rakuten To Pay Almost $1 Billion For Ebates
Coupon/rebate site Ebates is being pursued by Japanese E-Commerce giant Rakuten, which is prepared to pay $950 million to take the site over, according to a report in The Financial...
August 21, 2014
Merged Channel Strategies Continue To Boost Macy’s Results
The retail world is changing and Macy’s is transforming with it according to reporting in Retail Information System News. The retail giant putting its money where its intentions are, and...
August 16, 2014
How Is Retail Doing This Quarter?
Earlier this week, the National Retail Federation reported that July retail sales, excluding automobiles, gas stations and restaurants, were flat, growing just 0.1 percent from June. Similarly, consumer confidence, which...
August 08, 2014
Smile! You’re On Stupid Payment Thief Camera
One of the challenges for payment card security professionals is that, very often, these thieves are professionals who are highly trained, have substantial operating budgets and are very intelligent. This...