POS and Retail

Amazon wants you to marvel at its broad sales figures, but the details should be far more alarming to traditional retailers.

Trump’s nominee for head of bank supervision at the Fed may tackle Volcker Rule revision; rising home prices and improved job market give borrowers more options as lines of credit reset.

Advanced operating systems can run marketing and support services such as Apple Pay. Merchants would be well served to consider the diverse options of new terminals, writes Ben Wagner, director of solutions at Ingenico Group, North America.

Amazon's third annual Prime Day will likely share the immense success of its two first years, but Amazon's goal with this invented holiday isn't just about driving sales.

JCPenney and Dick’s Sporting Goods were among the first to launch the new SyPi plug-in technology, with others expected to come on board soon.

Shoppers will not buy products they can’t find, no matter how quick and seamless the checkout process may be, writes Trevor Legwinski, chief strategy officer at SearchSpring.

U.S. retailers have been shutting stores at a record pace as shoppers opt to make more purchases online.

Long wait times and improved marketing are a couple of reasons retailers should consider their own apps, writes André Stoorvoge, director of product marketing for payments at Rambus.

The ability to use balances toward Apple Pay payments will be attractive for retailers, writes NewStore founder and CEO Stephan Schambach.

Consumers using the Alipay app will be able to find nearby merchants that accept the popular Chinese mobile wallet, and receive coupons for local deals.

EMV chips can take a company only so far, leading Oberthur to consider Morpho's expertise in biometrics and embedded security methods.

Both Vantiv and JPMorgan have a strong merchant acquiring business in the U.S., while Worldpay has a large market in Europe.

At Ingenico, Nicolas Huss will help lead omnichannel payments strategy. Huss led Visa Europe starting in 2013, and in 2015 Visa announced plans to reunify the unit it had spun off a decade earlier.

Retailers are worried about the online giant’s move into bricks-and-mortar retailing. For example, Amazon's $13.7 billion acquisition of Whole Foods Market Inc. wiped $17 billion off the value of Walmart.

Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for banks to improve their communication about the benefits of location data.

Led by Starbucks and Apple's mobile payment apps, there's a boom underway and retailers need to act fast to avoid being left behind.

Mastercard has expanded its relationship with Pizza Hut to support mobile ordering in Japan.

Square has long been considered at the vanguard of digital payment innovation, so it may be a little unexpected to see the company take a step backward into physical card issuance.

Retailers should focus on creating a premium experience for a broad range of customers, writes Tom Caporaso, CEO of Clarus Commerce.

Mobile commerce must support larger and more complex shopping categories to take the next step, and some companies are looking to enable this through alternative financing.