Oh, what a tangled web we weave when EMV data we receive. As more major retail chains fully accept EMV payments, Apple Pay is being dealt some serious experience setbacks, such as being asked twice for price verification and being asked for fingerprint biometric authentication and then, a few screens later, a signature. Neither of […]Read more "EMV Really Screwing Up Apple Pay"
An interesting MasterCard experiment is going on now at some Pizza Hut restaurants in Asia, where life-size robots take orders and process payments, with the intent of letting more store associates perform more involved customer tasks. (If you’ll recall, that was the same argument made for early self-checkout systems.) But what makes this effort different […]Read more "In Pizza Hut Asian Restaurants, A MasterCard Robot Takes Orders And Payments-With An Attitude"
At best, sophisticated analytics software can deliver good answers if the underlying data is accurate and-most critically-is the right data. For a lot of merchants, that is often not the case. Ralph Dangelmaier, CEO of payment facilitator BlueSnap, is proposing what he sees as a better way, at least for extracting useful answers from […]Read more "Good Analytics Won’t Help If Your Data Sucks"
Believers herald 3D Printing as a revolutionary and disruptive technology, but how will these printers truly affect our society? Beyond an initial novelty, 3D Printing could have a game-changing impact on consumer culture, copyright and patent law, and even the very concept of scarcity on which our economy is based. From at-home repairs […]Read more "PBS Special On 3D Printing – Will 3D Printing Change The World?"
Now that Walmart no longer has to pretend to be support CurrentC-thanks to its effective demise, courtesy of MCX’s concession to reality-the largest retail chain announced Monday (May 16) that it had rolled out Walmart Pay across 110 Walmart stores in Arkansas and 480 Walmart stores in Texas. Walmart Pay the concept was announced by […]Read more "With A New Mission, Walmart Pay Goes Live In Arkansas, Texas"
When MCX on Monday (May 16) issued a statement that “MCX will postpone a nationwide rollout of its CurrentC application,” it was akin to U.S. presidential candidates who suspend their campaigns. It’s a polite way of saying “it’s over” without having to say those words outloud. But for many reasons, CurrentC never had much […]Read more "MCX Concedes The Obvious: CurrentC Is Dead. Indeed, It Was Never Really Alive"
A report Tuesday (May 17) that J.P. Morgan Chase “has limited some employees’ access to the Swift global interbank messaging service amid questions about security breaches at a pair of Asian banks that used the funds-transfer platform” raises some concerns, but it appears to be just enforcing a stricter “need to know” and “need to […]Read more "Chase Makes The Right Security Move After Swift Breaches"