Walmart online sales explode, Alexa opens to commercial devices, Rubin’s Essential phone now available to buy.

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August 18, 2017

Walmart Earnings

Walmart Online Sales Explode
 

In the immortal words of American sports announcer Michael Buffer — let's get ready to rumble. Walmart’s latest results are out — and with 60 percent growth in online sales, plus same store sales growth on the rise — Walmart is clearly taking the fight for retail dominance right to Amazon's front door. We have it all here, by the numbers and beyond.

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Consumer Debt

US Consumer Debt — Ten Years Later
 

Ten years after the Great Recession, stats on overall household and credit card debt — both on the rise — tell a complicated consumer story. A story that Unifund's Chief Strategy Officer, Michael Schwartz, tells PYMNTS can be understood only by looking inside the data. He did.
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Cybersecurity

Too Much Security? There’s No Such Thing
 

In eCommerce, there’s no such thing as “too much security,” but the wrong kind of security can feel like too much to the consumer if it creates friction at the point of sale. That can lead to shopping cart abandonment and lost revenue. Yet, cybercrime is only increasing, and legacy solutions just aren’t cutting it anymore. It’s clear that something must be done. So how’s an eTailer to walk the fine line? RSA’s Angel Grant, director of Global Product Marketing and Strategy, has some tips.

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Global Cash Index™

NEW REPORT: In Australia, Is Cash On The Barbie?
 

Cash and contactless payments in Australia are all up in each other’s grills (er, barbies) over small-value transactions. And, according to the PYMNTS.com Global Cash Index™ Australia Analysis, cash is winning with more than 60 percent of these transactions powered by the cold, hard stuff. For contactless payments to gain an advantage, says Raghavendra Bhat, head of technology for ANZ Bank, payment processors and acquirers need to incentivize SMBs’ card use. Find that, plus more than 200 data points mapping cash’s state in Australia.

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