The manufacturer's suggested retail price has been a constant in all forms of commerce since retailers learned they could leverage ambiguously defined list prices to make good deals seem like irresistibly great ones. But Amazon has made a name for itself bydoing things no other merchant would even dream of, and it's done it all again with an ongoing site-wide breakup with the very concept of the MSRP.   Read More...

Canada just said that it was OK for FIs to use “non-traditional” data sources to validate a consumer’s identity. It’s seen as a big victory for thin-file customers, and an important crack in the “it always has to be bureau and nothing but the bureau” information when authenticating consumers. Nash Ali, Socure’s VP of Product & Data Science, recently discussed the implications for FIs and consumers everywhere.  Read More...

While a checkout aisle stocked with candy and magazines might have worked for impulse buys in brick-and-mortar retail, the infinitely convenient ways of shopping online should be giving rise to an entire industry of instant digital gratification. However, recent evidence is suggesting that impulse buys might not be translating to online sales like a retailer's intuition might hope, but an eCommerce landscape without impulse buys may not be the desolate commercial space it first seems.   Read More...