Explanation for Why Fiserv Has Gone South Thanks to Reforming Retail — We recommend subscription — All of us in payments noticed Fiserv falling off cliff last week. Fiserv’s stock price collapsed last week due to an unexpected earnings miss, sharp guidance cuts for both revenue and profit, and a major leadership shake-up, all of which shocked investors… Read More »
Nancy Daniels of Hyosung describes evolving ATM regulations. NAC 2025: Regulatory update As ATM technology advances, operators face increasing regulatory requirements. In particular, the ability to accept cash in addition to dispensing it creates more opportunities for ATMs, but more regulatory requirements as well. Nancy Daniels, COO of Hyosung, an ATM manufacturer, offered an overview of the expanding… Read More »
NAC 2025: NFC for retail ATMs Tap-and-go transactions have made life easier for millions of consumers in the last few years, but are ATMs getting their fair share of this customer convenience? The status of tap-and-go, which requires a near field communication (NFC) reader on an ATM, was explored during a panel discussion at the recent NAC conference… Read More »
NAC 2025 Serves Up Innovation In Las Vegas Attendees who converged on Caesars Palace for last week’s NAC 2025 conference and expo came in search of a better understanding of the role of ATMs in a changing world economy. Three days of education, exhibits and networking in Las Vegas hosted by the National ATM Council certainly delivered plenty… Read More »
Keeping Up With Expanding Retail Technology AI revolution calls for vendor/reseller partnerships Keeping up with retail technology has never been more challenging. Tech innovators continue to improve management tools at an alarming pace, making it harder for retailers to decide what tools to invest in. Big thanks to OptConnect for providing the KMA booth with wonderful WiFi! As… Read More »
Payment Processors – Shift4 is really Shaft4? Thanks to Jordan at Reforming Retail. Nice article. If you are interested in the full picture when it comes to payments, subscribe to Jordan is our very strong recommendation. We have no financial relationship. RR simply grants us permission to provide education and information via their articles. Note that the kiosk… Read More »
News on BNPL and Visa in Canada as well as new Scan and Go for Sam’s Club Visa rolls out BNPL for merchants The credit card network company is making the new installment payment option available to merchants in Canada, where buy now-pay later adoption has been growing fast. Sam’s Club expands Scan & Go payment app The updated app… Read More »
Amazon Palm Payment Posted on GroceryDive Apr2021 — Dive Brief: Amazon announced on Wednesday that it is expanding Amazon One, which lets users pay with their palm prints, to Whole Foods Market stores. The payment technology is now available at Whole Foods’ Madison Broadway location in Seattle and will expand to seven other area locations in the coming months, Dilip Kumar, Amazon’s… Read More »
Noted on DailyMail A security loophole is allowing fraudsters to break the £30 spending limit for contactless bank cards. Banks and retailers are allowing customers to cover a single bill of more than £60 by making several ‘tap-and-go’ payments of £30 each. Experts have warned this is making it easy for criminals to make more expensive purchases on… Read More »
Excerpt: Connectivity Shoplifting in a Smart Store without Cashiers and Here’s What Happened Checkout systems are going autonomous. by Rachel Metz September 6, 2017 Say goodbye to the glitchy self-checkout scanners in your local retail store. Grocery buying is about to get a big boost from artificial intelligence. At a prototype store in Santa Clara, California, you grab a… Read More »
