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Tech

Wirecard Partners With Sprint to Drive Cashierless Checkout

“The Sprint Curiosity network connects to in-store beacons and electronic shelf labels. Shoppers will activate an app, walk into the store, pick up their purchases and leave without having to wait in a checkout line. Instead, the IoT network will charge a saved payment method from the customer’s app. With the network monitoring where customers […]
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Systems

Consumers Make More On-Us ATM Cash Withdrawals, Fed Data Show

“Despite the decades-old rise of electronic payments at the expense of cash, the rate of decrease in ATM cash withdrawals has slowed down, and more consumers are avoiding fees by using their own financial institution’s ATMs, according to the Federal Reserve. The Fed’s latest triennial payments study released last month says ATM cash-withdrawal transactions declined […]
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Tech

Shell Lets Fiat Chrysler Drivers Pay for Fuel From Their Vehicles

“Chrysler, Dodge, Jeep and Ram drivers can now use Uconnect Market , Fiat Chrysler Automobiles’ new in-vehicle commerce platform, to pay for fuel at Shell-branded stations across the US. “The in-vehicle Shell Pay & Save functionality will provide customers with features that offer speed, convenience, and security, along with rewarding offers during their fuelling experience,” […]
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Tech

New Ally Financial CIO Prioritizes AI

“Detroit-based Ally—formerly GMAC, the financing arm of General Motors Co.—has an online bank with no physical branches. The company offers mortgages, auto loans and investment tools… The company is using AI technologies such as Amazon.com Inc.’s Alexa for voice-enabled online banking and biometrics for customers to log into the mobile banking app.”
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Tech

How Self-service Technology and Digital Payments Are Impacting Retail

“Self-service technology has created a wealth of opportunities for retailers to serve customers. A panel at the Hi-Tech Retailing Summit during the CES show in Las Vegas explored the extensive scope of these technologies and the benefits they can deliver retailers that seek to meet the needs of a more demanding customer. Thanks to the progress that […]