As Walmart is conceding lower expected revenues this year, along with what appears to be a challenging holiday shopping season, it is moving to boost investment in E-Commerce and pull back from opening new physical stores. Walmart has historically been aggressive with new store openings,...
From his lips to your ears. It’s official. Tim Cook, Apple CEO, said that Apple Pay with be released on Monday (Oct. 20) along with the iOS 8.1 update. Apple Pay will be available on the new iPhone 6 and 6 Plus via Passbook and the...
So here’s the good news: Famed venture capitalist Marc Andreessen thinks Apple, as a tech company, will do “extraordinarily well” over the long term and is gaining strength. But in an interview with Bloomberg West, that’s sort of where the kudos stopped. When the conversation...
According to Digiday, Apple will be adding the ability to track what users do inside applications in order to display targeted in-app ads across iOS devices. Apple has been pitching the new capability to ad agencies since last month. Apple isn’t just worried about their...
The rollout of Ventra contactless transit payment cards in the Windy City market wasn’t a smooth one in 2013, but details from the Chicago Transit Authority released Wednesday (Oct. 14) reveal plans that will introduce a new mobile ticket smartphone app into the market. The first...
PayPal’s third-quarter earnings reported Wednesday (Oct. 15) climbed 20 percent to $1.95 billion, gaining 4.4 million new active registered accounts to end the quarter at 157 million active registered accounts (14 percent growth from last year). PayPal’s mobile payment volume grew 72 percent to $12 billion while its net...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
Apple Pay training documents are now again pointing to Monday (Oct. 20) as the date when Apple wants retailers to start offering shoppers Apple Pay, according to a MacRumors story. This seems to be verified by a 9to5Mac story that quoted from a memo from...
By nature Washington, D.C., is a fast-paced population who like restaurants but don’t like to wait. With the launch of Pay with Open Table mobile payments option, there’s a solution to appease both consumers and owners in cutting out the wait to pay the bill....