Online retailers are worrying less about infrastructure and more about marketing and customer service for the 2014 holiday season, according to a survey of more than 1,000 U.S. ecommerce professionals by eBay Enterprise. The 2014 Holiday Retail Audit found that retailers are beefing up spending...
Online home furnishings retailer, Wayfair Inc., has set its value at more than $2 billion in documents filed in advance of its initial public offering of stock. Wayfair is projecting an initial share price of $25 to $28 and 82,756,943 shares outstanding after the IPO. If Wayfair...
Perhaps it is the snobbery that associates sophistication with living on one of the two coasts, but when most people think about cities that are being innovative when it comes to mobile payments, Minneapolis probably isn’ their first thought. New York, San Francisco or London...
Say what you will about Apple, but it sure knows how to sell phones. The first weekend for sales of its new iPhones—the 6 and the 6 Plus—moved some 10 million of the larger-screened devices, which did not come close to keeping up with demand....
With Alibaba last week having gone through the largest initial public offering in U.S. history, expect continued growth in international eCommerce trade coming out of China. Alibaba already is saying it wants to create more online sales between China and other Asian businesses and consumers,...
Much discussion has been made about the ability of the new iPhone 6 and iPhone 6 Plus to support contactless payments at Some 200,000 participating stores. But perhaps an even bigger development is how the phones could produce millions of safer online transactions. Earlier this...
Is a vague comment from the CEO of SoftCard (formerly ISIS, the AT&T, Verizon and T-Mobile mobile payment effort) that his group is “actively working with Apple” to be permitted onto the iPhone in 2015 “using integrated secure SIM-based hardware” an indication of a future...
Though Apple gets all the press and glory, Samsung’s smartwatch is out there and may soon include a payments feature much like its Cupertino-born rival. A high-ranking official at Samsung Electronics commented, “We are currently developing the smart watch equipped with fingerprint identification technology and...
Who wants a wearable? So far the answer to that questions has been “almost no one,” as smart watches have failed to gain traction in the marketplace. That could, however, see a change with the release of the Apple Watch. And if Apple can pull...
