Having been dragged into a payment card interchange lawsuit, Visa Europe Limited and Visa Europe Services are pushing back, arguing that Walmart-led lawsuit “casts too wide a net, lumping them in with Visa even though they are only licensors of Visa and are owned by...
Now that Home Depot has confirmed its massive data breach, the blame and investigation aftermath starts. Five U.S. states and two U.S. senators separately jumped in to insist that something be done to deal with the cyberattack that “may have gotten away with more than...
How optimistic are retailers when predicting holiday sales for this year? Not especially, with an overwhelming 70 percent predicting sales will be pretty much as bad—or as good, for that matter—as last year, according to the eighth annual retail seasonal hiring survey from global management...
Forever 21 has been sued after a shopper became upset when an E-mail address was demanded and then associated with her payment card data—resulting in unsolicited E-mail pitches—contrary to California law. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
eBay’s announcement this week that its Braintree unit plans to start accepting bitcoins in the next few months suggests that not only will consumers be able to benefit from having another payment option, but businesses will, too. Will eBay’s embrace of the controversial cryptocurrency be...
As Alibaba this week kicked off its U.S. initial public offering roadshow, the Chinese collection of eCommerce marketplaces may have an edge up on its chief local rivals in B2B activities, especially those that focus on business purchases of supplies and materials that most companies...
The Federal Reserve banks have prepared a multi-year plan that will a realtime payment system in the U.S., according to a report in The American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
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