PayPal acquires Simility, Amazon shakes up marketplace leadership, AiFi’s plans to make grocery checkout-free.

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June 22, 2018

Retail Innovation

AiFi’s Plans To Scale Checkout-Free Grocery Stores

AiFi, a tech company working to give all grocery stores the “Amazon Go” experience, takes top honors at Visa’s Everywhere Initiative competition. Ying Zheng, co-founder and CTO, talks with Karen Webster about what’s next in a space where Amazon is already present — and where giving consumers back the 37 billion hours spent each year in checkout lines is only one small part of the value that a cashier-less experience gives retailers and consumers.

 

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C-Store Reinvention

Payment Apps Breathe New — or Retro — Life Into Convenience Stores

Gas station convenience stores are doing an about face in an effort to attract younger consumers — offering fresh food, better coffee and designer water. Mobile payments will play a major role in that transition, Charles Jarrett, the CIO of convenience store chain Cumberland Farms tells Karen Webster.

 

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IoT Security

Why Privacy Must Be Baked Into IoT Devices

As consumers add more connected devices to their personal IoT networks, security and privacy are paramount. These networks are only as secure as their weakest link — which is why Isabelle Noblanc, UL, says organizations making connected devices must practice security and privacy by design — and rethink identity management. Here’s how.

 

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Smarter Payments Tracker™

TRENDING: The Long-Tail Of Account Takeovers

Account takeovers can have disastrous long-term effects — just ask the victims of 2017’s LinkedIn security breach. Credentials stolen from LinkedIn are still being used to compromise accounts all around the web, says Dave Endler, President of SpyCloud. In the latest Smarter Payments Tracker, Endler discusses why expensive security solutions aren’t a guaranteed fix, but something even more fundamental might be.

 

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