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Artificial Intelligence

  • Vantiv strategy paying big dividends

    In the rapidly changing landscape for payments, market leader Vantiv is changing more rapidly than most as evidenced by dramatic growth in its transaction volume, revenues and profits.

    Each of those measures surged during the company’s third quarter ended September 30. Thanks in large part to acquisitions, transaction volume in the merchant service group increased 31% which caused net revenue to increase 42% to $297.7 million. The company’s total revenue increased 31% to $697.1 million while adjusted net income increased 21% to $96.9 million, or 49 cents a share.

  • 360pi, JDA align on omnichannel pricing

    Scottsdale, Ariz. -- 360pi and JDA Software are partnering to optimize local pricing recommendations for retailers. This partnership integrates 360pi’s zone-based pricing intelligence for national and private label brands with JDA’s rules-based Strategic Pricing solution, part of JDA’s larger Price and Promotion Management portfolio.   

  • Guest Commentary: Dawn of the HVAC “Internet of Things” Revolution

    By Paul Rauker, VP of systems and controls at Daikin Applied  

  • Tech Guest Viewpoint: How to Counterbalance Instinct with Data

    By John Bible, Oracle   

  • RILA, merchant groups express cybersecurity concerns

    Arlington, Va. -- The Retail Industry Leaders Association (RILA) and a group of merchant associations have sent a letter on the state of cybersecurity in the U.S. and how the payments system works in a letter to the Credit Union National Association (CUNA) and the National Association of Federal Credit Unions (NAFCU). The letter dispels what the merchant groups say are many misconceptions the credit unions have been driving regarding recent cyberattacks and the response by retailers and financial institutions. 

  • Talbots selects APT analytics software

    Hingham, Mass.-- Talbots Inc. will license APT’s software, including its Test & Learn and Market Basket Analyzer platforms, to test and analyze key business initiatives including promotions, merchandising, marketing and store operations. Talbots will use APT’s Test & Learn approach to identify which actions are most successful in improving performance and measure their impact on a test versus control basis.

  • QVC adds new touch to mobile app

    Digital retailer QVC is adding new in-app features that allow customers to make easy and quick purchases with just a touch of their finger. 

    Using Apple’s fingerprint sensor technology, Touch ID, the QVC for iPhone app now gives customers the option to log in to their QVC accounts on all iOS 8-enabled iPhone 5S, 6 and 6+ mobile devices using only their fingertip for authentication.   

  • U.K. convenience store One Stop extends Galleria merchandising rollout

    Wolverhampton, U.K. –- U.K.-based convenience chain One Stop has been using Galleria’s Customer Centric Merchandising solution for planogram automation and optimization for a number of years, and is now implementing the Galleria Behavioral Cluster Planning tool. The new solution will provide a better understanding of consumers, assisting One Stop to understand how their categories are being shopped.   
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