Industry News
US bankers see mobile technology as key element of their retail strategies - report
Written by The PAYPERS Wednesday, 22 February 2012 08:41
US bankers increasingly see mobile technology as a must-have component of their retail offerings but believe that regulatory and risk-management concerns are set to dominate IT spending initiatives in 2012, a recent report has revealed.
According to the report, US bankers expect Click here to read full article
Retailers must cater to the time-harried shopper
Written by Zak Stambor Tuesday, 21 February 2012 13:35
Consumers are in a hurry and they don’t have time to—and won’t devote the energy to—figuring out how to find what they’re looking for. That means retailers must find ways to enable “easy in/easy out” shopping, according to a report released today from consulting firm The E-tailing Group Inc.
"If they don't, they will lose revenue to those merchants that do cater to the time-starved shopper," Click here to read full article
6 Tips for Tapping Pinterest's Surging Popularity
Written by Sarah E. Needleman Tuesday, 21 February 2012 13:20
Many start-up founders and owners of existing small businesses wonder what their companies could possibly gain from yet another new form of social media. Finding adequate time to properly manage business profiles that already exist on Facebook, Twitter and LinkedIn is enough of a challenge.
But the newcomer Pinterest could offer advantages for some small businesses, particularly those specializing in e-commerce.
The social network lets entrepreneurs create Click here to read complete article
Key Traits of Risky Transactions
Written by Tracy Kitten Tuesday, 21 February 2012 13:16
FDIC Explains Expectations of Payments Processing Guidance
Michael Benardo says federally regulated banks and credit unions can soon expect more scrutiny about the due diligence and background checks they conduct on third-parties, especially payments processors and merchants.
As head of the Federal Deposit Insurance Corp.'s Cyber-Fraud and Financial Crimes Section, part of the Division of Risk Management Supervision, Benardo says Click here to read full article
Twitter Will Hit 500M Registered Users on Wednesday
Written by Marketing VOX Tuesday, 21 February 2012 13:09
In mid-January, the site analyzed numbers from Twopcharts which suggested Twitter would reach 500 million users by February 26th. That date has now been moved up to the 22nd, as users are accelerating the pace Click here to read full article
Nordstrom aims for aspirational consumers via mobile gaming app
Written by Rachel Lamb Tuesday, 21 February 2012 08:32
Department store chain Nordstrom is targeting aspirational consumers through mobile banner advertisements for its Nordstrom Rack locations in the popular gaming application, Words With Friends. Click here to read full article
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