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Resilience is Key as Payments Acceptance becomes Mission-Critical

Retail TouchPoints

Cards have become by far the most popular payment method, with contactless now accounting for most purchases made at retail stores. While dedicated lines deliver higher reliability, they come at a higher a cost. Consumers now prefer digital payment options, with cash usage declining in all major economies.

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AT&T Resets Account Passcodes After Big Leak of Millions of Customer Records Online

Retail Wire

The telecommunications giant AT&T is resetting millions of customer account passcodes due to a huge leak of records online earlier this month.

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Retailers can Capitalize on Growing Market by Addressing Smart Home Consumer Priorities and Concerns

Retail TouchPoints

Fortune Business Insights estimated the global market value at $121.59 Retailers can demonstrate to their customers that they understand their concerns by providing guidance up front on best practices for device safety at the point of purchase. Craig Thole is SVP of Emerging Solutions, Global Connected Living, at Assurant, Inc.

Consumer 147
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Mastercard is getting rid of credit card numbers. Cards themselves may be next

Inside Retail

So-called card-not-present fraud , where an offender processes an unauthorised transaction without having the card in their physical possession, accounts for 92 per cent of all card fraud in Australia. For example, the 2022 Optus data breach exposed information from customers who had previously held accounts with the telco back in 2018.

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Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

The issue with this is that both retailers and customers have to have accounts set up in the same exchange platform. Do you ever think about the customer instincts at checkout? There are already a few platforms that accept crypto payments, including Bitpay and Coinbase. Get ready for a technology retouch.

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Walmart, Starbucks, Nike: Making sense of China’s latest retail sales numbers

Inside Retail

At the Pang Dong Lai supermarket chain, based in Chinas north-central Henan Province, both customers and employees are treated like royalty. The official numbers for Chinas retail sales, reported just last week by the governments National Statistics Bureau (NSB), have year-on-year growth for 2024 coming in at 3.7

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Disconnected: Optus takeover talks conclude

Inside Retail

Singapore Telecommunications (Singtel), Southeast Asia’s largest telecom operator, reiterated on Wednesday that there was no “impending deal” to divest its Australian telecom unit Optus. per cent at S$2.46 Shares of Singtel were down 3.15 on Wednesday before trading was halted pending an announcement.