News

Retail
Instacart And The Food Network Team Up On “Recipe-Ready” Delivery
June 03, 2016

Perhaps given the volume and variety of food delivery services out there, it was only a matter of time before the great consolidation got underway. Especially when the arena is one as randomly (and as given to somewhat strange pairings) as recipe-ready food delivery. The...

Europe
European Commission Approves Visa-Visa Europe Takeover
June 03, 2016

It looks like Visa and Visa Europe will be a single entity by the end of the month. The proposed takeover deal has cleared its last major hurdle with the announcement today that the European Commission has given the deal full regulatory approval. The move...

Mobile Commerce
Is 3D Touch A Secret Checkout Conversion Weapon?
June 03, 2016

Retailers have looked everywhere for the silver bullet to mobile checkout conversion. For a hot second, the key was in smart and efficient site design. When apps become the platform du jour, a new host of promotions, targeted ads and other add-ons were thought to have...

Retail
Walmart Inches Closer To Drone Delivery
June 03, 2016

The race for drone deliveries among eCommerce companies is getting tense with Walmart inching closer to its drone ambitions. The retail giant said it is a mere six to nine months away from deploying drones for superior management of its warehouse inventories in the United States, Reuters reported....

EU Sets Guidelines To Support Sharing Economy
June 03, 2016

The sharing economy, regardless of country, has ruffled a lot of regulatory feathers. The question in the debate always comes down to one theme: to ban or not to ban. And recently, the European Union set out guidelines about its thoughts on how the sharing economy...

Digital Banking
Why Jamie Dimon Thinks JPMorgan Could Be More Like Amazon
June 03, 2016

Of late, banks have seen themselves competed against on many fronts — one of which is the world of investing. These days, banks are in somewhat of a technology arms race when it comes to holding investor customers’ loyalty, and an army of new entrants...

Alternative Finances
Dumiao Chinese Lender Automates Loans At POS
June 03, 2016

Alongside any story on retail in China comes a prefunctory statement on the rising spending power of the country’s nascent middle class. However, even if those consumers can’t seem to find their newly created wealth when they walk up to the checkout counter, Dumiao wants...

Visa’s NFC Payment Ring Comes To Olympics
June 03, 2016

Visa just rolled out the next generation of payments wearables: an NFC-enabled payment ring. And it’s bringing it to the Olympics for the Visa-sponsored athletes to use at the Rio 2016 Olympic Games. This is the first prototype of its kind to be backed by Visa....

Merchant Innovation
How Walmart Is Using Uber/Lyft To Compete With Amazon Fresh
June 03, 2016

When the going gets tough, the tough get creative. And ever since Amazon stole the top retailer in the world by market cap crown, the going has been tough for Walmart. And so, Walmart has gotten creative, and it looks like it is about to...