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News

LivingSocial adds communication platform for merchants

November 17, 2014

LivingSocial has launched Connect, a communications toolkit for merchants to engage and build relationships with customers acquired through its platform.

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Trade association set to host mobile payments session in DC

November 14, 2014

The Merchants Payments Coalition wants to educate Congress members and their staffs about upcoming innovations in payments.

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Holiday shoppers not afraid to buy as Halloween leads strong October spending

November 13, 2014

A Friday Halloween spurred early holiday spending; leisure spending growth is up 4.6 percent; credit and debit spending show healthy increases over September.

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Research suggests online retailers lose sales through irrelevant promotions, poor follow-up

November 13, 2014

Survey underscores retail's disconnects: Three quarters of online retailers promote irrelevant products, while others fail to build customer relationships that…

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Survey says: 9 out of 10 have been frustrated by self-service tech

November 13, 2014

Many customers report being frustrated by self-service technology; is human interaction still the key to getting customer service right?

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Holiday shoppers set to spend more than $31B on gift cards this year

November 13, 2014

According to NRF survey, more than half of buyers cite practicality as reason to buy gift cards as gifts.

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Versatile Credit kiosks and Crest Financial to 'simplify' credit app for retailers

November 13, 2014

Draper, Utah-based "no credit needed" financing company Crest Financial has announced a partnership with financial kiosk provider Versatile Credit in an effort…

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Networld Media Group to launch Virtual Currency Summit in Boston, April 2015

November 12, 2014

Renowned economic strategist Bruce Fenton, Managing Director of Atlantic Financial, has been confirmed as a featured Summit speaker.

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One-third of Americans changing their savings plan to spend more this holiday season

November 12, 2014

According to the Holiday Spending and Savings Study conducted by financial services firm Edward Jones, 35 percent of Americans plan to shift their saving and…

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Shopping activity rebounded slightly in October, but not enough for year-over-year growth

November 12, 2014

Traffic increased only marginally compared to last year, despite a much better macro-economic environment than last October, and repeat visits were down…

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Nearly half of holiday shoppers say they haven't started yet

November 12, 2014

Bargain hunters are holding out for holiday deals, according to a new NRF survey.

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Kiosks among technologies to 'dramatically alter' businesss-to-consumer landscape

November 12, 2014

A new report has been issued from Kent State University's School of Journalism and Mass Communications titled "Business on Demand," a collaboration between the…

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REI appoints Ben Steele as Chief Creative Officer

November 12, 2014

Steele most recently served as executive creative director at Hornall Anderson in Seattle, a brand experience design agency with additional offices in London…

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Square begins pre-orders for EMV products

November 12, 2014

Company will release a standalone chip card reader for $29 and a Square Stand accessory for $39.

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Survey says mobile use to be high this holiday season

November 11, 2014

The report found shoppers are using their phones mostly to compare pricing and read product reviews, but retailers' tech-enabled associates are using mobile…

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Half of Americans opposed to stores being open on Thanksgiving

November 11, 2014

Iconic retailer Macy's plans to launch Black Friday shopping at 6 o'clock Thanksgiving evening, down from 8 p.m. last year, and from midnight in 2011. Other…

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ARTS announces major update to data model standards

November 11, 2014

The ARTS Operational Data Model is a retail-specific roadmap that allows a company to plan how it organizes and uses its transaction data.

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NCR Silver POS adds bitcoin compatibility

November 10, 2014

Bitcoin support, which will be integrated with NCR Silver by the end of 2014, will be free to merchants.

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Coupons.com, Samsung partner on mobile deals

November 10, 2014

Shoppers can now add Coupons.com's Card Linked Offers via their Samsung Wallet for automatic redemption at checkout.

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Survey says holiday shoppers will spend more of their budget in-store than online

November 10, 2014

Respondents with incomes less than $100,000 spend more of their total holiday budget in-store than those with higher incomes, 54 percent versus 46 percent.

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