5 Must-Reads This Week: Black Friday, Baby!

November 25, 2016 CO-OP Financial Services

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It’s Black Friday! Don’t walk – run! – to your nearest store (or laptop, phone or tablet) and start doing your part for the holiday economy. But first check out our Black Friday/Cyber Monday must-reads:

Top Read: 2016 Black Friday, Cyber Monday Predictions

Forbes

Adobe Digital Insights predicts big sales this holiday kickoff weekend – with $3 billion in sales each for Black Friday and Cyber Monday. Holiday sales overall could rise 11 percent over last year, with 25 percent of overall holiday sales happening now through Cyber Monday.

Fake Retail iPhone Apps Surge Before the Holidays

New York Times

Before downloading a cartful of retail apps for holiday shopping, iPhone users had better beware of one of this year’s newsworthy fraud schemes: fake apps. “Hundreds of fake retail and product apps have popped up in Apple’s App Store in recent weeks — just in time to deceive holiday shoppers.”

EMV Shift Is Firing up Holiday Fraud

Credit Union Times

“Stoked by the U.S. EMV shift, financial institutions and retailers can expect holiday card-not-present fraud rates to increase 43 percent by volume and 31 percent by value according to ACI Worldwide research.”

How Your Favorite “Pay” Apps Are Ringing in Holiday 2016

PYMNTS

The mobile payments revolution is underway – but progress is still a little slow. What are our friends at Apple Pay, Samsung Pay, Walmart Pay and Android Pay doing to inspire holiday shoppers this season?

Apple Pay Will Change the Way Your Brain Thinks about Buying Things

Wired

Apple Pay is breaking out: In addition to its mobile iteration, it is now available with Touch Bar security on Apple’s new MacBook Pro. Is access to easy mobile and online payments a smart thing for consumers? Or will the move to effortless payments make us dumber about managing our money?

 

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