The abandonment rate of smartwatches is 29%, and 30% for fitness trackers, because people do not find them useful, they get bored of them or they break, according to a survey by Gartner. Dropout from device usage is a serious problem for the industry. The abandonment rate is quite high relative to the usage rate.…
The global IT transformation underway in overdrive will trigger significant changes for several industries in the coming year. With an unmatched geographic footprint across 40 global markets, and with more than 8,000 customers and 188,400 cross-connects, Equinix has unique data-driven insights into the key drivers pushing enterprises to succeed in the digital economy. This unique vantage point is enabled through…
PayPoint has chosen Datalogic’s Heron bar code scanner for its PayPoint One EPoS platform. The platform, launched at the end of September, was developed in conjunction with Datalogic Platinum Partner Box Technologies, to provide retailers with a simple and cost effective solution for processing transactions. Additionally, it offers a modern approach to accessing reports and…
As online fraud evolves at an ever-increasing pace, merchants need new ways to mitigate risk. Signifyd’s use of the ThreatMetrix Digital Identity Network in its Guaranteed Payments solution allows merchants to aggressively grow their business and accept more legitimate customers without risk. Through the partnership, Signifyd will leverage the ThreatMetrix Digital Identity Network to further…
The industry’s first agentless database activity monitoring (DAM) solution based on artificial intelligence has arrived. DB Networks is combining its DBN-6300 database monitoring and security technology with the CyberArk Privileged Account Security Solution to strengthen organizations’ overall security posture with a next-generation DAM solution. Now, DAM customers can achieve compliance monitoring and database security without…
USA Technologies has inked a deal with Ten M to upgrade 1,000 of the company’s vending machines to its ePort Connect cashless payment system, enabling the company to track the acceptance of cash, credit/debit cards, and contactless payments, including mobile wallet payments such as Android Pay and Apple Pay. With the ubiquity of the mobile phone,…
Vending is quickly adapting to keep pace with evolving technologies, refurbishing used vending machines into digitized versions that include touchscreens, sensor technologies, and flexible payment methods. Coca-Cola, PepsiCo, and VE Global Vending look to expand distribution offerings and connect their machines to the Internet to increase operational efficiencies. The newly connected machines will allow operators…
Verifone has ankled Irni Palar as the general manager of its domestic operations in Indonesia. Based in Jakarta occupying a newly opened office facility, Palar spearheads Verifone’s commitment to providing world-class payment technology and collaborating with banks and its partner community in Indonesia. Irni comes to Verifone from Mastercard where she was the Indonesia director…
The Venture Center and FIS have teamed for the Global VC FinTech Accelerator Program. Applications are now being accepted through February 5, 2017, at 11:59 p.m. CST. Entrepreneurs who are poised to disrupt financial services should apply. In addition to working with early stage companies in core banking, payments, mobile, and fraud & security, VC…
Upstream, a mobile commerce accelerator in high growth markets, has launched Cloudeasy, a white-labelled cloud storage offering for Mobile Network Operators (MNOs), in partnership with cloud storage experts, Cloudeasy is a secure, customized storage application that gives MNOs the ability to offer to their customers over 100GB of data storage, over cloud technology. The solution…
Austria’s top financial Institution, Raiffeisen Bank, is beefing up the consumer experience with 1,200 new Diebold Nixdorf automated teller machines (ATMs) equipped with advanced bill payment and contactless functionalities such as quick response (QR) codes and near field communication (NFC) readers. With these technical enhancements, the Raiffeisen Group is aligning its self-service delivery channel to the…
SkyBus, operators of Melbourne’s express CBD to airport transport service, has rolled out self-serve ticketing on its Melbourne routes with NCR Corporation, the global leader in omni-channel solutions. The roll out has enabled SkyBus to offer omni-channel and round-the-clock ticketing to its 3.5 million annual customers traveling on any of its three Melbourne Airport routes:…
