News

Groupon Tells Merchants: Make A Deal
March 11, 2014

Groupon’s new Deal Builder tool lets merchants create their own customized deal package. Participating merchants can use pre-made templates to make special deals for their customers, the company said in a Feb. 10 press release. “With the launch of Deal Builder, we now have a...

In A Bing, Bitcoins Converted
March 11, 2014

Bing users now can access Bitcoin’s current conversion rate via the search bar. Microsoft announced the move this week. Coinbase, a popular online wallet service, provides Bing with up-to-date pricing data. The service is available to users in North America, some European countries and India....

Banks Feeling The Post-Breach Bite
March 11, 2014

U.S. banks are feeling the pinch after a wave of business data breaches forced the reissuance of millions of credit and debit cards. The replacement costs come at an estimated $15 per card when taking into account the costs of plastic, embossing and encoding, PIN...

Home Depot’s eCommerce Push Begins
March 11, 2014

Home Depot is looking to expand its online presence with the opening of one of three planned fulfillment centers. The company announced the opening in the Atlanta region on Feb. 11, Internet Retailer reported. The facility employs 150 workers, with an estimated 300 new jobs...

Victoria’s Secret Using Image Recognition To Push Up Sales
March 11, 2014

Victoria’s Secret is leveraging mobile image recognition technology as part of a new advertising push. The specialist in sexy women’s undergarments is using the technology as the foundation for a seasonal scavenger hunt, Mobile Commerce Daily reported on Feb. 11. Shoppers use their mobile devices...

FIDO Takes A Bite Out Of Passwords
March 11, 2014

The FIDO Alliance has released a public draft of standards designed to improve access security. The group, composed of PayPal, Google and other companies in the tech space, published the draft, which calls for moving away from traditional password-based security systems, Forbes reported on Feb....

Defense-Platform Provider Launches Hacking Monitor
March 11, 2014

Cybereason, developer of an automated cybersecurity defense platform, has launched an new enterprise-level fraud-monitoring system designed to “uncover the operation and stop it in its tracks.” The startup is pitching its solution on the basis that companies should focus on information gathering instead of outright...

Attacks Plague More Bitcoin Exchanges
March 11, 2014

Another major Bitcoin exchange reportedly has suspended withdrawals, citing an extended distributed denial-of-service (DDoS) attack. Bitstamp, an exchange headquartered in Slovenia, announced the suspension after irregularities were discovered in the site’s wallet system, Coindesk reported on Feb. 11. Andreas Antonopoulos, chief security officer for Blockchain.info,...

Square Makes An Upscale Move With Whole Foods
March 11, 2014

Square is partnering with Whole Foods on a new payment system for the upscale grocery chain’s store locations. Whole Foods customers will have access to new payments terminals in the store, allowing them to avoid checkout lines entirely, Square said in a Feb. 11 press...