The Case Of The Vanishing Department Stores

  After a seemingly busy shopping season, a couple of large retailers have decided to shut down a number of their stores, citing disappointing holiday sales as one of the biggest reasons. Macy’s and Sears announced shortly after the new year that they would be downsizing. Both stores are facing an unfortunate reality: the health of the retail industry and […]

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False Declines Hurt Card Issuers, Too

  In 2015, an estimated $40 billion in total was lost globally due to fraud. Of that, $18 billion were losses associated with false declines, as Card Not Present reported a couple of days ago. Perhaps even more interesting was the fact that it was a 29% increase from the year before. As National Merchants reported in a December 2016 […]

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Samsung Pay Making Its Mark

  Nearly a year after the launch of Apple Pay, Samsung unveiled Samsung Pay, their mobile payment solution. That was in 2015. How is Samsung Pay faring so far in 2017 and what does the future hold, anyway? According to an announcement made by Nana Murugesan, Samsung America’s Vice President and General Manager of Services and New Business at CES […]

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Mobile Point Of Sale Systems Served Up In Restaurants

  Small business owners typically open their shops and stores because they’re passionate about what they do and want to do it better than anyone else. The only problem is that sometimes they don’t have the knowledge, know-how, or time to stay on top of technological advancements to improve their business processes. Restaurant owners are no different and they also […]

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Diminishing Returns? Not Really When It Comes To Online Holiday Orders

  Now that the busy holiday shopping season is officially over, ecommerce retailers can relax, right? Not so fast. As a record number of purchases were made online this past holiday, likewise, post-holiday returns are expected to reach unprecedented levels. Shipping carrier giant, United Parcel Service Inc. (UPS), is gearing up for an influx of after-holiday returns and as ecommerce […]

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Payment Industry Predictions for 2017

  Now that 2016 is in the rearview mirror, it’s time to take a look at 2017. What does the future hold for the payments industry? CardNotPresent.com asked several merchants and service providers in the card not present (CNP) space to examine the current environment and comment on what they think is likely to happen in 2017. On most minds […]

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The State of Cross-Border Commerce

  As first noted on PYMNTS.com, the recent Q4 X-Border Payments Optimization Index showed that in 2016, American merchants beat the rest of the world once again. Reporting a high score of 67.8. U.S. merchants came in first with China (66) and the U.K. (65) rounding out the top three. The global average was 58. According to the study, in-depth […]

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Are Biometrics Ready For The Big Time?

  Furthering the security discussion when it comes to authenticating identity, especially in the online world, biometrics have emerged as the latest measure for protecting and safeguarding privacy. Keeping sensitive information about someone, including passwords and valuable data like credit card numbers private is of the utmost importance to card issuers, banks, and consumers alike. According to Penny Crosman at […]

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The Death of Desktops? Not So Fast

  With so much focus on smart phones recently, merchants are making shopping easier than ever for consumers with mobile devices. But whatever happened to the good old PC? Is online shopping using these archaic machines a thing of the past? Believe it or not, hardware is not dead, at least when it comes to clicking and ordering. Mobile may […]

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