Tech company NCR Corp. announced this week that it had developed a new way to prevent customers from “show rooming” in brick and mortar stores, which will ideally lead to better sales for those retailers. Show rooming is when customers visit stores to see items...
Earlier this week, Morningstar announced that it had acquired the web and mobile application HelloWallet for $53.5 million. Morningstar already had a majority stake in HelloWallet, so it will only need to pay $39 million to complete the transaction. The acquisition is expected to create...
Lilly Pulitzer’s In the Pink stores are currently the design chain’s largest string of retail stores in the U.S. Recently, the elite retail option took an important step forward in terms of its payments processing. Last month, In the Pink launched a mobile point-of-sale (POS)...
Authorities reported on Monday that they had taken down two major computer malware enterprises that had been used to steal millions of dollars from people and small businesses around the world. The take down included The Gameover Zeus botnet and Cryptolocker. Gameover Zeus, despite a magnificent...
Bitcoin’s promising South American development has hit a bump in the road with Argentinian Central Bank having gone and issued a warning on the perils of getting involved with digital currencies. Though bitcoin is not the only digital currency, it is the largest one. The...
All the cool kids are doing mobile point-of-sale systems, right? Well, that was potentially part of the thinking process for investors that helped finance the Austin, Texas-based startup called Mozido. According to an Austin Business Journal article, the mobile payments startup Mozido recently reported a...
Singapore consumers looking to end the never-ending cycle of entering billing and shipping information that comes part-in-parcel with online shopping now have a new tool in the box to make shopping easier. MasterCard has launched its MasterPass program, which will allow Singapore’s shoppers to store...
Once again, Apple has disappointed those theorizing this is the year the maker of iPhones and iPads launches its own payment scheme. Discussions at the opening of the company’s WWDC made no mention of hardware changes, and the likelihood of a payments scheme appears not...
European shoppers who are looking for fashion on the go can now make their purchases in 20 seconds or less using their smart phones. Fast Retailing Co.’s Comptoir des Cotonniers division has paired with Powa Technologies, a London-based app maker, to make it possible for...
