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...
Oh, what a five years it has been! On October 20, 2009, Warren Buffet (via a recorded video interview) helped us launch a new way to talk about “What’s Next” in an ecosystem that was just beginning to pay attention to the power of the...
The U.S. government will replace roughly 9 million government-issued payment cards with EMV chip-and-PIN versions early next year in a push to increase awareness and use of the more secure cards, President Barack Obama announced on Friday (Oct. 14). Between 5 and 6 million prepaid...
Twitter’s long-anticipated Buy button will go live next year, no later than March, VentureBeat is reporting. “The Buy button officially debuted last month with Twitter testing its functionality with only a handful of businesses, celebrities, and non-profit organizations. The button, available for those browsing from...
As Apple Pay rolls out Monday (Oct. 20), it will suffer from two holes in its card acceptance system: corporate cards and prepaid cards. Although those absences may be short-lived, it plays into a very slow initial run for the Apple mobile pay play. Piper...
From his lips to your ears. It’s official. Tim Cook, Apple CEO, said that Apple Pay with be released on Monday (Oct. 20) along with the iOS 8.1 update. Apple Pay will be available on the new iPhone 6 and 6 Plus via Passbook and the...
So here’s the good news: Famed venture capitalist Marc Andreessen thinks Apple, as a tech company, will do “extraordinarily well” over the long term and is gaining strength. But in an interview with Bloomberg West, that’s sort of where the kudos stopped. When the conversation...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
American Express on Wednesday (Oct. 16) reported third-quarter net income of $1.5 billion, up 8 percent from $1.4 billion a year ago. The card brand also reported that diluted earnings per share was $1.40, up 12 percent from $1.25 a year ago. Overall, the business...
