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Amazon's $13.7 billion acquisition of Whole Foods will make it a force to be reckoned with in the grocery vertical, but its rivals have been preparing for this day for a long time. Here are some of the biggest competitive threats to Amazon's digital take on food sales.
June 23 -
As the U.S. chip card migration crawls ahead, companies that have not made the switch are at a particularly high risk for fraud.
June 23 -
As self-checkout gains steam, so does the risk for shrink, or intentional underscanning. There are some things retailers can do to mitigate the problem, including appealing to consumers' own morality.
June 22 -
Moves like Amazon Go and the e-commerce giant's acquisition of Whole Foods require banks to abandon their "defensive" innovation posture, write Richard Oglesby and Brad Margol from AZ Payments Group.
June 22AZ Payments Group -
When brewery software provider OpHouse strated to grow, it turned to its CEO's connections in the tech incubator community to find a new payments gateway
June 21 -
E-payments are growing fast in China, but a one-size-fits-all approach won't be a winner for merchants, writes Franklin Chu, a managing director at Azoya International.
June 21Azoya International -
Theresa Dold joins LevelUp in the new role of vice president of agency strategy to head the company’s focus on restaurant engagement. Dold previously was director of product at sweetgreen, a fast-casual salad chain that last fall stopped accepting cash payments at some of its stores.
June 21 -
Total System Services has extended a multi-year agreement to support Tesco Bank's credit card business in the U.K.
June 20 -
Most small U.S. companies don't have the brand awareness in China to stand out among the millions of goods on Alibaba's websites. Alibaba is the virtual mall that houses the brands, but sellers are in charge of production and distribution with little clarity on the demand for their wares.
June 19 -
Getting a new payment terminal with advanced capabilities is not unlike getting a new phone or computer with its bells and whistles — there's so many new features that some will no doubt go ignored.
June 19