News

Report: Hackers Customized Retailer Malware
March 11, 2014

The malware used to infiltrate the point-of-sale systems at Target, Neiman Marcus and other retailers appears to have been custom built for each job. Investigators have determined the malware attacks are slightly different from retailer to retailer, the Wall Street Journal reported on Feb. 5. William Noonan,...

Merchant Innovation
Amazon Adds Mobile Image-Capture
March 11, 2014

Amazon Mobile users now may take pictures of real-world products and purchase them online. The eCommerce giant launched Flow as an expanded version of Snap It, a mobile feature that allows photo capture for eCommerce purposes. Flow expands the types of products that consumers may...

Mobile Commerce
Web Sales Reshape Pizza Market
March 11, 2014

Online ordering has led to increased sales for pizza restaurants able to invest, while others have been hurt as competitors move to a bigger Web presence. Domino’s, Pizza Hut and other well-known brands have added online ordering in the past year, the Wall Street Journal reported on...

Cool
OpenTable Tests mPayments Feature
March 11, 2014

OpenTable, an app that allows users to reserve tables at participating restaurants, is now testing a mobile payments function in a pilot based in San Francisco. The developer announced in a Feb. 6. blog post on its company website that OpenTable users can pay their bill on...

S. Korea Suspends Credit Firms After Data Theft
March 11, 2014

Three credit agencies in South Korea have been suspended for three months in the wake of a large-scale data theft. The South Korean Financial Service Commission (FSC) suspended the Lotte Group, NH Financial Group Inc. and KB Financial Group Inc. A 10-day appeal period will...

MasterCard Appoints Country Manager For Spain
March 11, 2014

Ovidio Egido, who has served as MasterCard’s senior business leader for Spain, has been appointed the company’s country manager for Spain. Egido has worked for MasterCard since 2012. He previously served as an independent contractor for Telefonica, 3V Transactional Services and Payment System Europe. “We...

Cool
Beacons Shaped Super Bowl Experience
March 11, 2014

The National Football League leveraged beacon technology to transmit information via its mobile app during the Super Bowl and to reach out to potential shoppers. Beacons were placed throughout the area where Super Bowl celebrations were being held. users of the NFL’s mobile app received...

OTI Launches Fuel-Payments Solution
March 11, 2014

OTI has launched a consumer-oriented automatic payment solution for gas stations. EasyFuel Plus is similar to an OTI offering for commercial purposes. It features a contactless reader attached to a vehicle’s fuel inlet. Once the driver begins refilling, the payment process is activated automatically. “This...

Study: One In 10 Merchants Accepted mPayments In 2013
March 11, 2014

About 10 percent of all merchants accepted mobile payments last year. This represented a jump of 50 percent compared to 2012 levels, a new report from LexisNexis showed. An additional 25 percent of merchants expect to integrate mPayments into their existing systems in 2014. “Mobile-payment...