Mobile commerce fraud is costing retailers an average of 3 percent of their total revenues, and the faster m-commerce grows, the more fraud will cost, according to a study released Thursday (Feb. 5). Get the Full Story Complete the form to unlock this article and...
At a point when data security and fraud protection are becoming more important issues for retailers after a recent spat of high profile data breaches and new hearings on the issue in Washington, FBI investigators have discovered that over 90 percent of the data breaches reported...
Buoyed by the success of the Target data theft case back in 2013, the main counsels of that case will now be part of the plaintiff’s general counsel in the Home Depot multi-district litigation case regarding that company’s own experience with data hackers between April...
In an effort to grow the company’s beauty retail portfolio, Macy’s announced on Feb. 4 that it will purchase beauty business Bluemercury for $210 million in cash, according to The Drum. The transaction is expected to be completed by the end of Macy’s first fiscal quarter...
After the Great Recession of 2008, various governments around the world hoped that strict rules regarding banking activity would prevent a future calamity of that magnitude from happening ever again. Reforms such as the Dodd-Frank Bill, the investigations into LIBOR rigging, and various Basel accords...
Facing pressure from online competitors in the office supply industry, Staples and Office Depot have agreed to merge pending SEC approval, according to a Feb. 4 public conference call. The acquisition had been in the works since last September, and was unanimously approved by both companies’ boards...
Welcome to the monthly mPOS Tracker, a PYMNTS Special Report. In this report, we rank the players that we track, and score these players based on numbers and types of devices used, geographies where solutions are implemented, the number of payment types accepted, and more....
While largely seen as a major Android phone carrier, Samsung wants to be thought of more like Apple than like other phones, in that it wants to have its own built-in ecosystem that its consumers can come to use in their everyday lives. One way...
Greg Goldfarb may be one of the only merchant innovators Karen Webster has ever talked to whose company is not about to develop its own mobile wallet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...