Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest on a growing eBay-Amazon dispute, and a major expansion for Instacart. Hackers are poised to cause more blackouts thanks in part to retail technology, fresh data paints a dire picture for data security, and virtual reality gets a big boost in the commerce world.
eBay alleges that over the past several years, Amazon has “perpetrated a scheme to infiltrate and exploit eBay’s internal member email system.” eBay contends the scheme was employed by a slew of sales reps at Amazon.
By the end of this month, Instacart-powered delivery will be on offer at 50 percent of Sam’s Club locations.
Hackers are able to take control of washing machines, refrigerators, air conditioners and other connected devices to “manipulate the power demand in the grid,” which can then cause local power outages and large-scale blackouts.
Nearly one-fourth of consumers within each generation assume their personal information is safe unless notified of a breach.
It is expected that an additional 20 locations will be launched by January 2019, enabling customers to discover products and make informed buying decisions using the Macy’s VR furniture experience.