There’s more reported fallout from the databreach at sandwich-chain Jimmy John’s, with some 100 new restaurant victims identified and a confirmation from the chain that “an unauthorized person gained access to a user name and password that Signature Systems used to remotely access POS systems.”...
As part of an effort to push its mobile payment app as deeply into retail as possible, China-based Tencent Holdings has increased the size of its minority ownership of a shopping mall and logistics developer. Get the Full Story Complete the form to unlock this...
FiveStars, a 3-year-old loyalty reward firm focused on small businesses, has raised $26 million. “Menlo Ventures led the Series B investment, joined by the company’s earlier backers Lightspeed Venture Partners, DCM and Rogers Communications,” the Wall Street Journal reported. Get the Full Story Complete the...
Online retailers are worrying less about infrastructure and more about marketing and customer service for the 2014 holiday season, according to a survey of more than 1,000 U.S. ecommerce professionals by eBay Enterprise. Get the Full Story Complete the form to unlock this article and...
After the Home Depot breach of some 56 million pieces of card data, it was only a matter of time before it would deliver the fraudulent purchases that fund such an attack. That time has now arrived with bad purchases now “rippling across financial institutions...
In the U.S., Costco is one of those extremely rare retailers who accepts American Express and does not accept either Visa or MasterCard. That exclusive club just got more exclusive, as Costco Canada abruptly severed its relationship with Amex. Get the Full Story Complete the...
There’s little debate that Apple Pay is going to sharply boost mobile payment security. After all, replacing signature or a 4-digit shoulder-surfing-vulnerable PIN with a biometric authentication is a big step in the right direction. No authentication system is perfect, but being more secure than...
Amex is pushing a two-day event looking at creative ways e-tailers have successfully entered physical retail 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...
On the one hand, Apple and PayPal have been partners for almost a decade, notes ReadWrite, going all of the way to the early iTunes Music Store days. But given that PayPal has been actively pushing its own mobile payment app as a retail in-store...
