The next year will be huge for fraud and security in retail. Most concern around risk management for the year ahead is focussed on system security and fraud management, which is crucial to today's transactions.
Data breaches have hit many retailers hard over the past year or so, and Stage Stores is doing everything it can to make sure customer payment data can't be exposed.
Many companies are fed up with passwords, but the next step isn't so clear. Biometric authentication is winning favor, but LiveEnsure contends there is a less intrusive way to verify identity.
The Starbucks gift card is the foundation the coffee chain's mobile and rewards strategy, and for good reason. In 2013, one in eight Americans received a Starbucks gift card as a holiday gift. In 2014, it was one in seven.
As their financial lives have become more digital, consumers have embraced technology like online bill pay and mobile check deposit.
New, experimental consumer marketing programs have played a significant role in the way technology has upended the payment business in recent years. And Visa is looking to get in on the action.
2014 ended roughly for some of the biggest payment companies, and 2015 will bring even more challenges from rapidly changing technology and nimble startups.
As he assumes the role of CEO of 'buy local' offers company Buzz Points, Dwayne Spradlin predicts that certain trends in technology and consumer habits will breathe life into a loyalty model that has stagnated in the past.
Let this be the year that the financial industry stops using the phrase "big data" and remembers that the goal of technology is to make people's lives simpler. read more »