- Fifty-seven percent of consumers use a retailer’s mobile app while shopping in-store, finds the “Surviving the Retail Apocalypse” report from Yes Marketing. The survey of more than 1,000 consumers also found that many—65%—use the app to redeem coupons.
- Point-of-sale software provider Focus POS said its restaurant POS system is now available as a cloud-based service.
- A self-checkout app called Swift Shopper finished a two-day trial in a pop-up store in San Francisco with 202 unique checkouts for 762 items worth $40,000. The app allows consumers to scan items in the store, pay for the total, and walk out.
- Honda Motor Corp. announced its prototype Honda Dream Drive at CES, formerly the Consumer Electronics Show. The connected-car technology includes payments, rewards, and other functions within the car.
- Ripple announced its blockchain-based network, RippleNet, now has 200 clients signed up with the recent addition of 13 financial institutions.
- Payments provider First American Payment Systems LP said eight of its employees are participating in various Electronic Transactions Association committees in 2019.
- Parking-payments provider PayByPhone named Carmen Sevrens vice president of sales overseeing the West Coast of the United States and Canada
- Merchant lender CAN Capital appointed commercial-finance veteran Edward Siciliano chief executive.
At first glance, a press released headlined “Mastercard Drops Its Name” might lead one to …