China-based retailers selling more overseas
China's cross-border e-commerce business is growing rapidly and Chinese retailers saw a huge boost last year from foreign shoppers, according to Internet Retailer. Until now, a majority of China's...
View ArticleAndroid Pay and Apple Pay announce big new initiatives
Both Android Pay and Apple Pay announced new initiatives and partnerships in the past several days: Android Pay is testing a rewards program in a limited capacity. The program, which is called “Tap...
View ArticleSmartphone sales doubled during the holidays
Sales made from smartphones nearly doubled year-over-year in the US during the recent holiday season, according to the Adobe Digital Index. Moreover, while the desktop was still the preferred device...
View ArticleVisa Checkout adds major retail partners
Last week, Starbucks added Visa Checkout, Visa’s one-click online and mobile checkout solution, to its mobile app as an option for users to reload their stored value Starbucks cards. Visa announced...
View ArticleAndroid Pay and Nexus just announced a new holiday season incentive
Android Pay and Nexus announced a promotion that will give any Nexus smartphone user who tests Android Pay during the holiday season a Best Buy gift card worth $20. Last month, Google also ran a...
View ArticleMasterCard doubles down on payment security
MasterCard introduced a new suite of security products called MasterCard Identity Check. The products aim to simplify the process of identity verification for digital transactions, particularly those...
View ArticleWhere consumers plan to shop during the holidays
Digital is almost on par with brick-and-mortar as a preferred channel for US consumers during this holiday season, according to a new Experian survey of more than 1,000 adults. Stores barely edge out...
View ArticleWalmart launches mobile payments processor
Walmart announced the debut of Walmart Pay, a proprietary, QR-code based mobile wallet, on Thursday. Users access the wallet function within the pre-existing Walmart app and then scan a QR code at the...
View ArticleTHE MOBILE CHECKOUT REPORT: How retailers and tech giants are pushing...
As millennials and younger consumers become larger parts of the key spending demographic, mobile devices like smartphones and tablets are quickly becoming consumers' primary computing device. But for...
View ArticleStore cards are driving loyalty at big brands and hitting mobile wallets next
Over half a century after they fell out of favor to general credit cards, store cards — or private-label cards — are still an important component of the payments landscape. For many merchants, they...
View ArticleCoinbase introduces Bitcoin debit card
Coinbase, one of the largest Bitcoin wallet providers, debuted a Visa-branded Bitcoin debit card Friday. The card will be the first widely-available Bitcoin debit card in the US, according to Wired....
View ArticleVisa Checkout expands its merchant network
This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. At the Shoptalk retail trade show, Visa announced that several major...
View ArticleTravel agencies launch messaging apps with live agents
Travel agencies and startups are focusing on building up messaging apps and services that allow customers to chat with live agents, reports Skift. Online bookings have diminished the need for travel...
View ArticleHow retailers and tech giants are pushing consumers to do more of their...
As millennials and younger consumers become larger parts of the key spending demographic, mobile devices like smartphones and tablets are quickly becoming consumers' primary computing device. But for...
View ArticleTHE MOBILE PAYMENTS REPORT: Market forecasts, consumer trends, and the...
Although the mobile wallet ecosystem is maturing, in-store mobile payments haven't yet taken off. Consumer disinterest, coupled with delays in fully implementing the necessary infrastructure, are...
View ArticleThis is how Taco Bell, Starbucks, and other fast-food chains are using mobile...
BI Intelligence Mobile has gained legitimacy as a commerce channel. Millions of retail locations in the US now accept mobile in-store payments and are also developing e-commerce businesses that support...
View ArticleDunkin’ Donuts pilots new mobile services
Dunkin’ Donuts launched pilots of two new mobile services Wednesday. The pilots were announced in the company's October third quarter earnings call. Mobile order-ahead: Dunkin's mobile order-ahead...
View ArticleHow beacons — small, low-cost gadgets — will influence billions in US retail...
Traditional retailers have become much more adept at using technology to push back against online-only e-commerce sites. Beacons are among the most important new mobile technologies helping real-world...
View ArticleTHE PAYMENTS ECOSYSTEM: Everything you need to know about the key players and...
The way we pay is changing dramatically. For example, people are beginning to use their smartphones for every kind of formal and informal transaction — to shop at stores, buy songs online, and even...
View ArticleIt’s time for retailers to start paying close attention to social media
Social media may still only drive a small share of total online retail sales, but its impact is becoming impossible to ignore. Social-driven retail sales and referral traffic are rising at a faster...
View ArticleCard fraud costs the US billions each year — here's what card networks are...
Payment card fraud cost the US $7.9 billion last year alone, an increase of almost 60% from five years earlier. In response, major US card networks have implemented a set of security standards called...
View ArticleWells Fargo and American Express launch third combined card
Wells Fargo recently introduced the Wells Fargo Propel American Express Card, the third in a suite of combined Wells Fargo-Amex products. The card, which carries no annual fee, offers rewards for gas...
View ArticleMeet the top 100 business visionaries creating value for the world
At Business Insider, we believe capitalism can and should be a force for good. With this inaugural edition of Business Insider 100: The Creators, we are celebrating leaders who embody this spirit. Many...
View ArticleTHE NEW RETAIL: The top trends disrupting retail at each stage of the...
No time offers a clearer window into how consumer and retailer shopping trends are shifting than the holiday season. The fourth quarter is always the busiest time of year for brands and retailers —...
View ArticleWhatsApp scraps subscription fee
Facebook-owned chat app WhatsApp is eliminating its $0.99 annual subscription fee and focusing instead on building out its commercial services, including a feature that enables businesses to...
View ArticleBest free iPad apps 2017
OK - you've probably noticed on the Apple App Store that iPad apps cost more - sometimes a LOT more - than their iPhone equivalents. But trust us, it's worth the extra cash. Many of the best free...
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