As in-flight purchases keep rising, Visa will now let airlines do a better job of identifying exactly what passengers buy with their payment cards while they’re in transit, Visa said in a company blog post on Wednesday (April 1). Get the Full Story Complete the...
As of the tail end of 2014, merchants were occupying malls like it was 1987. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
While cybercriminals grow increasingly businesslike, too many U.S. businesses aren’t covering the basics for data security, Visa’s risk chief told a conference last week in Washington, D.C., according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Less than a week after Amazon was reported to be working on a $2.2 billion deal to buy luxury eCommerce retailer Net-a-Porter, Italian online fashion retailer YOOX announced it will merge with Net-a-Porter instead, the companies said on Tuesday (March 31). Get the Full Story...
U.S. eCommerce sales still lead the Western world with projected annual revenue of $349 billion, compared with $254 billion for eight surveyed European countries, according to a study released Tuesday (March 31) by the U.K.-based Centre for Retail Research and commissioned by RetailMeNot. Get the...
Nielsen and RetailNext have joined hands to provide retail data insights using RetailNext’s mapping technology for Nielsen’s client base, which constitutes a wide spectrum of stores ranging from retail to drug. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Banks are increasingly worried about the likelihood that they’ll look like the bad guys if merchants haven’t upgraded their point-of-sale systems to support EMV chip cards, and then are hit by fraud and have to pay for the loss themselves, American Banker reported on Sunday...
With the Oct. 1 EMV liability shift just six months away, banks and payment-card brands are beginning to get nervous about the slow uptake of EMV point-of-sale systems by smaller businesses. Part of the problem is complexity — small merchants don’t have IT departments, and...
Stolen Uber customer accounts are being sold on the dark Internet by the thousands for as little as $1 each, online magazine Motherboard reported on Friday (March 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
