News

B2B Payments
BioConnect Augments Voice Recognition Capabilities
October 24, 2016

FinTech players are beginning to develop and integrate biometric authentication technologies into digital banking and finance platforms. And while the tool is seen as a more sophisticated way for corporate clients to ensure security in their digital transactions, for some, biometric authentication is too futuristic...

B2B Payments
Visa’s Massive Bet On B2B Blockchain Payments
October 24, 2016

The FinTech space is oversaturated with talk of blockchain technology. Today, industry players seem to agree that innovators are slowly moving from conceptualization towards testing actual solutions. But late last week, Visa announced that it will be rolling out Visa B2B Connect, a platform for...

Then And Now, PYMNTS’ First Seven Years Of Tracking Innovation
October 22, 2016

If one were to ask the average person if 2009 feels like it was a very, very long time ago, odds are the answer you would get is “no.” At a quick glance, the world we live in today seems to be more or less...

Data Enablers: Motionloft, For Retail Traffic And More
October 21, 2016

People are always moving. They’re going in and coming out of buildings every day. But how does a retailer know how many people are coming in and out of its space? Motionloft has those numbers. Motionloft’s mission is to be a “pioneer in the physical world...

Retail
The Countdown To Alibaba’s Singles’ Day Begins
October 21, 2016

Chinese eCommerce giant Alibaba officially kicked off the countdown to its annual one-day shopping bonanza, Singles’ Day. The company promised that this year’s event, held annually on Nov. 11, will include live-streamed fashion shows, virtual reality shopping and a performance by U.S. pop sensation Katy...

Retail
Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market
October 21, 2016

It’s rough out there on the retailer high seas. “Challenging” is the word used by Sears CEO Edward Lampert and Levi Strauss to describe the industry, and many retailers are struggling to keep up with the growth in eCommerce, the costly process of digital transformation...

Walmart Launching 2-Hour Delivery In China Through JD.com
October 21, 2016

Chinese consumers are about to get their purchased items sooner. Walmart is pairing up with JD.com — Alibaba Group’s competitor — for a two-hour delivery service. Walmart has had an online presence in China since 2011 after buying part of the Yihaodian supermarket business. Unfortunately,...

Retail
Retailers Lag When It Comes To Mobile, Says Study
October 21, 2016

The movement toward mobile payments has been a strong one, but brands and retailers have been slow to adopt to that change, according to a recent report, NewStore’s eponymous and inaugural NewStore 2016 Mobile Retail Report. According to the findings, which looked at the adoption and...

Retail
Black Friday Will Be Big, Super Saturday … Has Some Issues
October 21, 2016

While Black Friday may not be the automatic frenzy inducer it has been in years past, the expectation is that it will perform at least as part this holiday season. Super Saturday, on the other hand, probably not so much due to an unusual quirk...