US retail sales rose 0.6 percent in March 2018 according to the US Census Bureau. Not great, but not negative. More interesting and telling was the recent newsletter from loyalty marketing group Colloquy which profiled eight brands succeeding despite the challenging US retail environment. Several ...
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Today, we’re looking at PayPal’s campaign to bring in new customers from the nine million “unbanked” US residents who either don’t use a bank or don’t like using banks. We examine how traditional banks are losing mobile customers because their user experience on bank mobile ...
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A new report from Javelin Strategy & Research suggests banks may be failing to pivot fast enough to keep up with the changing demands of consumers for mobile banking. Nearly a third (32%) of checking account applications start on a mobile device – more than those ...
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Got no bank? You may be just the customer PayPal is looking for. Of course, more than 227 million worldwide customers know and likely use PayPal often for payments services. PayPal doesn’t have a US bank license but that hasn’t stopped it from moving further ...
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We’ve got a couple of quick stories for you today, starting with the demise of signatures on credit cards by the major credit card networks. That’s way overdue. Also, South Korean cryptocurrency exchange Bithumb will let users pay by cryptocurrency for products and gifts using ...
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When was the last time you used a pay phone? I can’t remember either. In the same way, by the end of this month, credit card signatures will no longer be required on four major credit card networks, including – American Express, Discover, Mastercard and ...
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Yandex.Money launched 'Pay in Parts' – a new service for online buyers in Russia and around the world. ...
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Sears and Delta Airlines have both suffered a breach of their data payments through a systems hack of software provider [24]7.ai. [24]7.ai, which provides online support services to Sears, Delta Air Lines and other major companies, said the hack resulted in the unauthorized access of ...
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Word is out that Amazon is preparing to enter the payments business, and that’s got to be making PayPal, Venmo and Square nervous. ...
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Our newsletter today has an extensive roundup of global e-commerce and retail news about Amazon, Newegg, Toys “R” Us, Saks Fifth Avenue and Under Armour. We also take a look at Bancor’s new cryptocurrency wallet, which automatically converts digital coin values and allows users to ...
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