Credit cards and debit cards are still the preferred methods for countless consumers, but the Bank of America June 2016 Consumer Spending Snaphot shows they are using their cards increasingly for small payments. That is resulting in the average purchase amount per active account decreasing or...
April 30, 2024
Sam’s Club said its artificial intelligence (AI)-powered exit scanners are now in 120 stores. The technology, first announced in January, eliminates the practice of having customers wait in line as they exit the bulk retailer to have their receipts checked by employees. “Sam’s Club’s rapid deployment of its exit technology represents the largest-scale implementation of member-facing AI-powered technology in […]
July 29, 2016
Credit cards and debit cards are still the preferred methods for countless consumers, but the Bank of America June 2016 Consumer Spending Snaphot shows they are using their cards increasingly for...