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IndustryUpdate
Ecwid POS-to-Online released for Clover customers RESEARCH
Ecwid eCommerce, a solution that can be used to
add online stores to multiple websites simultaneously, Tractica foresees wearable payments boom
launched Ecwid POS-to-Online. Available to users of
First Data's Clover solution, the product enables retailers According to a new report titled Wearable Payments from
with cloud-based POS systems to publish products on Tractica, wearable payment transaction volume will
the web, allowing them to sell in-store and online while grow from $3.1 billion in 2015 to $501.1 billion world-
ensuring customer transaction information is in sync wide by 2020. The market intelligence firm analyzed the
regardless of the buying channel, the company said. market for transactions made using wearable devices
such as smart watches, fitness trackers and payment
NXT-ID applies for tokenization patent wristbands, and concluded wearable payments will
represent approximately 20 percent of the total mobile
NXT-ID Inc., a biometric authentication company proximity transaction volume and about 1 percent of
focused on mobile commerce, filed provisional patent total cashless transactions in retail by 2020.
62/192218 for its Personalized Tokenization System and
Method. According to NXT-ID, the invention highlights Acuity speaks to mobile biometrics
next-generation payment tokenization technology that
authorizes accounts and authenticates users with unique Acuity Market Intelligence reported that mobile bio-
personal identifiers, including biometrics, during the metrics is expected to generate $34.6 billion in annual
generation of payment tokens. revenue, and the total biometric transaction volume,
including both payment and nonpayment transactions,
Shopventory launches SMB mobile app will exceed 800 million annually by 2020. According to
Acuity, 35 percent of these transactions will be authen-
Shopventory, provider of inventory management and ticated via biometrics embedded in mobile devices, and
retailer optimization solutions for small to midsize busi- 65 percent of authentications will be via biometric apps
nesses, reported that it released Thrive, a free mobile app downloaded by consumers.
for retailers to monitor sales, profits, social media, user
reviews, accounting, bank balances, email marketing Mercator provides Xoom acquisition insight
campaigns and more. Thrive is available in the Apple
iTunes Store and will be released to Android users. It is Mercator Advisory Group's latest research note, Why
compatible with multiple mobile POS vendors and social PayPal Bought Xoom: Emerging Markets Opportunity Too
media platforms, the company noted. Good to Ignore, analyzes the competitive advantages of
PayPal and Xoom and argues a strong case exists for
New Square dashboard app unveiled mutually beneficial synergies to be realized. Research
highlights include key trends in global remittance, an
With more than 70 percent of Square Inc.'s larger cus- analysis of Xoom's growth, review of PayPal's strategic
tomers accessing analytics daily, the company launched priorities and emerging market opportunity the compa-
the Square Dashboard app to help them gain a bigger nies could leverage.
picture. The app is designed to deliver real-time data
through mobile devices, and provides Square business OpenTable highlights diner technology preferences
customers with the ability to watch sales as they hap-
pen and glean information about sales summaries, sales OpenTable released the results of its Technology and
comparisons, best selling products and location com- Dining Out research survey, which provides insight into
parative volumes. what diners want from technology before, during and
after the dining experience. The study explores such
Yapyzal facilitates social commerce for free topics as whether googling diners before they arrive
is creepy or cool and what diners think of emerging
Social commerce provider Yapyzal is now allowing technologies like on-table touch screens and mobile pay-
businesses to use their existing merchant processing ments.
accounts to sell directly from a Facebook news feed, with
no charge from Yapyzal. The company said it enables ThreatMetrix issues security advice for holidays
businesses to design, post and share product offers on
social media sites, and complete the sale using secure In a recent report, ThreatMetrix outlined several cyber-
credit and debit card processing; all done without mov- security strategies for e-commerce merchants to adopt
ing the customer away from the social media platform now to help them maintain a positive customer experi-
they originally engaged through. ence and stay one step ahead of fraudsters during the
upcoming holiday shopping boom. The report suggests
retailers profile existing customers, learn from the 2014
season, create a holiday policy and tighten up security
loopholes.
20
Ecwid POS-to-Online released for Clover customers RESEARCH
Ecwid eCommerce, a solution that can be used to
add online stores to multiple websites simultaneously, Tractica foresees wearable payments boom
launched Ecwid POS-to-Online. Available to users of
First Data's Clover solution, the product enables retailers According to a new report titled Wearable Payments from
with cloud-based POS systems to publish products on Tractica, wearable payment transaction volume will
the web, allowing them to sell in-store and online while grow from $3.1 billion in 2015 to $501.1 billion world-
ensuring customer transaction information is in sync wide by 2020. The market intelligence firm analyzed the
regardless of the buying channel, the company said. market for transactions made using wearable devices
such as smart watches, fitness trackers and payment
NXT-ID applies for tokenization patent wristbands, and concluded wearable payments will
represent approximately 20 percent of the total mobile
NXT-ID Inc., a biometric authentication company proximity transaction volume and about 1 percent of
focused on mobile commerce, filed provisional patent total cashless transactions in retail by 2020.
62/192218 for its Personalized Tokenization System and
Method. According to NXT-ID, the invention highlights Acuity speaks to mobile biometrics
next-generation payment tokenization technology that
authorizes accounts and authenticates users with unique Acuity Market Intelligence reported that mobile bio-
personal identifiers, including biometrics, during the metrics is expected to generate $34.6 billion in annual
generation of payment tokens. revenue, and the total biometric transaction volume,
including both payment and nonpayment transactions,
Shopventory launches SMB mobile app will exceed 800 million annually by 2020. According to
Acuity, 35 percent of these transactions will be authen-
Shopventory, provider of inventory management and ticated via biometrics embedded in mobile devices, and
retailer optimization solutions for small to midsize busi- 65 percent of authentications will be via biometric apps
nesses, reported that it released Thrive, a free mobile app downloaded by consumers.
for retailers to monitor sales, profits, social media, user
reviews, accounting, bank balances, email marketing Mercator provides Xoom acquisition insight
campaigns and more. Thrive is available in the Apple
iTunes Store and will be released to Android users. It is Mercator Advisory Group's latest research note, Why
compatible with multiple mobile POS vendors and social PayPal Bought Xoom: Emerging Markets Opportunity Too
media platforms, the company noted. Good to Ignore, analyzes the competitive advantages of
PayPal and Xoom and argues a strong case exists for
New Square dashboard app unveiled mutually beneficial synergies to be realized. Research
highlights include key trends in global remittance, an
With more than 70 percent of Square Inc.'s larger cus- analysis of Xoom's growth, review of PayPal's strategic
tomers accessing analytics daily, the company launched priorities and emerging market opportunity the compa-
the Square Dashboard app to help them gain a bigger nies could leverage.
picture. The app is designed to deliver real-time data
through mobile devices, and provides Square business OpenTable highlights diner technology preferences
customers with the ability to watch sales as they hap-
pen and glean information about sales summaries, sales OpenTable released the results of its Technology and
comparisons, best selling products and location com- Dining Out research survey, which provides insight into
parative volumes. what diners want from technology before, during and
after the dining experience. The study explores such
Yapyzal facilitates social commerce for free topics as whether googling diners before they arrive
is creepy or cool and what diners think of emerging
Social commerce provider Yapyzal is now allowing technologies like on-table touch screens and mobile pay-
businesses to use their existing merchant processing ments.
accounts to sell directly from a Facebook news feed, with
no charge from Yapyzal. The company said it enables ThreatMetrix issues security advice for holidays
businesses to design, post and share product offers on
social media sites, and complete the sale using secure In a recent report, ThreatMetrix outlined several cyber-
credit and debit card processing; all done without mov- security strategies for e-commerce merchants to adopt
ing the customer away from the social media platform now to help them maintain a positive customer experi-
they originally engaged through. ence and stay one step ahead of fraudsters during the
upcoming holiday shopping boom. The report suggests
retailers profile existing customers, learn from the 2014
season, create a holiday policy and tighten up security
loopholes.
20
