• Check-in on entry using a mobile app; “just walk out” to pay

  • Amazon Go in US beta, going live early 2017

  • Challenges are likely to be loss prevention and fall-back

  • Is Amazon Go “the warning shot that signals an Aussie September launch”? 

  • Commentators suggest “your margin is our opportunity” would be Amazon’s “motto” for...

  • Commentators suggest ‘retailtainment beats discounting’ 

  • Singles’ Day estimated at $40 billion

  • Alibaba ‘Singles Day’ sales over $9 billion

  • $2 billion in sales through Alipay app within the first hour and 11 seconds of November 11th 

  • US sales over $12 billion between Black Friday and Cyber Monday 

  • US consumers spent...

  • Do UK shoppers want in-store technology? 

  • Alibaba’s Tmall experiments with online VR 

  • Visitors expect more theme park VR within three years 

  • DataMesh uses Hololens AR to redesign spaces 

  • In-store mobile payments continue to disappoint in the US

  • Apple camera to be a portal for augmented reality 

Sources: imrg; Vir...

  • Six Asia-Pacific countries adopt UnionPay chip card standard 

  • CBA in payments deal with China's Alipay 

  • First Data and Alipay bring Chinese mobile payments to the US

  • PBoC reports significant rise in mobile payments 

  • Non-bank mobile payments in Q2 2016 up 111% year-on-year to 23.35tn yuan

Sources: China Daily; AFR; Pay...

27 Oct 2016

  • Qualcomm to Buy NXP Semiconductors in USD$47 Billion Dea

  • General Motors, IBM partner to deploy OnStar Go for in-car payments era

  • Chinese IoT device manufacturer recalls products amidst mass DDoS attacks

  • Alibaba and Gemalto work hand-in-hand to secure China’s IoT market

Sources: Bloomberg; The Paypers; SC Media; Gemalto

Poin...

  • FIDO Developing mPayment Standard with EMVCo

  • FIDO aim to support CDCVM with authentication standard

  • EMVCo and PCI partner on payment authentication

  • Collaboration to support launch 3DS 2.0

Sources: FindBiometrics; Business Insider

Point of View

At the recent Money2020 show in Las Vegas, the FIDO Alliance announced working wit...

24 Oct 2016

  • MasterCard app lets online shoppers pay with a selfie

  • MasterCard’s "selfie pay" will be coming to Europe next year after trials in the US, Canada and the Netherlands

  • Mastercard and BMO make Fingerprint and ‘Selfie’ Payment Technology a Reality in North America

  • 74% of respondents said biometrics—like fingerprints of selfies—w...

12 Oct 2016

  • MasterCard Makes Commerce More Conversational With Launch of Chatbots for Banks and Merchants

  • Piloting on Facebook Messenger, aiming for 2017 launch

  • For banks, partnering with Kasisto

  • For merchants, being developed by MasterCard Labs

  • Tribe raises $3 million to bring conversational commerce to video chat

  • Tribe’s cur...

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