Almost all retailers consider Big Data to be important, according to a new survey from Accenture Analytics. When asked how important is Big Data to their organization, 94% of retail executives answered “important,” 58% responded “extremely important,” and 36% responded “important.”
E-commerce company Elastic Path Software Inc. has secured $4.87 million in equity investments led by BDC Venture Capital IT Fund, with participation from Yaletown Venture Partners and individual investors.
Cooperation among all public- and private-sector stakeholders in the retail industry is needed to ensure cyber security in the face of high-profile retail hacking attacks like the one recently uncovered at Home Depot, according to the Retail Industry Leaders Association (RILA).
Taking aim at other digital payment platforms such as PayPal, Apple on Tuesday released a mobile payment platform called Apple Pay that will let consumers pay for purchases using their iPhones — or the new Apple Watch.