Since its rather dramatic dethroning by Apple as the go-to smart phone of choice, it’s been a long strange trip over the last year for Blackberry, with the will-the-won’t-they possibility of acquisition of the Canadian company by a stronger player. The rumor mill, it seems,...
With the launch this week of Apple Pay and the coming spinoff of of PayPal from eBay, Square faces the prospect that its customers could be lured away by rivals’ lower fees, easier transactions and a deeper pool of buyers and sellers, according to Bloomberg...
In the struggle between online and in-store shopping, the advantage has shifted to bricks-and-mortar retailers, according to GfK’s 2014 FutureBuy shopping habits study — at least in the U.S. Customers reporting that they engaged in “showrooming” — seeing a product in-store, then buying it online...
Amazon, which at one time had the reputation for undercutting other e-tailers with slightly lower prices, has lost the online pricing edge to both Walmart and Target. “Both big-box retailers generally offered lower prices online than Amazon in the clothing and shoes, electronics, housewares, and...
Two Major League Baseball stadiums will be accepting Apple Pay and will do so just in time for the World Series Tuesday (Oct. 21). “MLB Advanced Media, the digital media company of Major League Baseball, announced that MasterCard is bringing contactless acceptance to ballpark food...
Henry Ford didn’t invent the car, the internal combustion engine or the wheel— those honors go to Karl Benz, Nikolaus Otto and Eugene Langen (or Eugenio Barsanti and Felice Matteucci) and an unknown early human who lived before the era of patents. And yet when asked about...
Financial service companies are expected to invest about $110 billion in various payment technologies by 2017, with mobile getting a very healthy percentage of those funds, projects Frost & Sullivan. “By aligning innovative payment technologies – particularly those based on mobile usage and new mobility...
Nobody in the real world likes failure. When new business ventures are launching, entrepreneurs talk about the great and potent success they plan to enjoy, not the many valuable lessons they will learn in the wake their inevitable failure – a reality is that 99.99...
Apple Pay is probably the best positioned mobile payments solution to emerge in a long time. When Apple announced Apple Pay it did in ‘two hours’ what no one else could do in ‘ten years’ – most notably brought NFC back into the map. Consumers...