Archives by: Jeff Domansky

Jeff Domansky

Jeff Domansky Posts

Markdowns cost US retailers $300 billion in lost sales in 2018

poor inventory management
Disruptive Technologies E-commerce Retail Slider
A study by Coresight Research and Celect estimates non-grocery retailers lost more than 12% of annual sales or more than $300 billion due to markdowns in 2018. Just ...
Read more Comments Off on Markdowns cost US retailers $300 billion in lost sales in 2018

Feb 8 Global payments news roundup

global payments news
E-commerce Mobile Payments Payments Technology Payments Trends Retail Slider
In this week’s payments news, we’ve got an NRF prediction for 2019 retail sales growth of 4.4%. The Anti-Phishing Working Group says 38% of phishing attacks targeted payments ...
Read more Comments Off on Feb 8 Global payments news roundup

Will the cashless movement lose momentum?

cash-free movement growing
Banking Mobile Payments Payments Research Slider
Advocates of the move towards cashless payments are excited about its possibilities but there’s push back from critics who say it disenfranchises people without access to banking services. ...
Read more Comments Off on Will the cashless movement lose momentum?

New India e-commerce rules upend industry

India e-commerce growth
E-commerce Fintech Payments Trends Slider
New Feb 1 Foreign Direct Investment (FDI) regulations on e-commerce have the online selling business in turmoil in India. The new government regulations prohibit foreign-owned companies from restricting ...
Read more Comments Off on New India e-commerce rules upend industry

Nearly half billion US personal records stolen in 2018

data security
Credit Card & Online Fraud Cybersecurity Slider
There’s good news and bad news about identity theft in 2018 according to a new report from the Identity Theft Resource Center (ITRC). The good news is the number ...
Read more Comments Off on Nearly half billion US personal records stolen in 2018

Feb 1 Global payments news roundup

Feb 1 Payments News
Banking E-commerce Mobile Payments Payments Trends Retail Slider
Our global payments news roundup is truly worldwide this week. Visa and MasterCard reported solid year-end financials, although both cards remain locked out of China during the trade ...
Read more Comments Off on Feb 1 Global payments news roundup

Reducing shopper pain points for e-retail success

Juniper Research shopper's journey
E-commerce Mobile Payments Payments Research Payments Trends Retail Slider
New research identifies key ways online retailers can increase sales by reducing friction and making the shopper journey smoother. In the whitepaper – Addressing the Pain Points in ...
Read more Comments Off on Reducing shopper pain points for e-retail success

Fast payments roll out nationally down under

Australia NPP Payments via PayID
Banking Payments Technology Payments Trends Slider
The four major Australian banks reached a tipping point in the roll out of fast payments via the country’s new payments platform (NPP). ...
Read more Comments Off on Fast payments roll out nationally down under

Jan 25 Global payments news roundup

Payments NEXT news
E-commerce Fintech Mobile Payments Payments Trends Retail Slider
Happy Friday. As always, we’ve got a roundup of the week’s best global payments news to keep you up-to-date and one step ahead of the competition. MasterCard and ...
Read more Comments Off on Jan 25 Global payments news roundup

Amazon Scout: Robot delivery to your front door

Amazon Scout robot delivery
E-commerce Payments Technology Slider
It’s official. Amazon announced a pilot program for Amazon Scout – a robot that will deliver your Amazon purchases to your front door. Six of the cooler-sized robots ...
Read more Comments Off on Amazon Scout: Robot delivery to your front door