News

Retail
1.5 Years In, Target Grocery Head Out
November 03, 2016

For Target, it may be “cleanup in aisle” … well, scratch that. The whole grocery department. Retail Dive reported Thursday (Nov. 3), quoting the Minneapolis Star Tribune, that Anne Dament, who had been in charge of Target’s grocery store unit, has left the building. Her tenure has...

UK Court Says Parliament Must OK Brexit
November 03, 2016

No Brexit for you. Or maybe there will be. As reported Thursday (Nov. 3), a U.K. court has ruled that the nation’s government can’t, in fact, start negotiations in advance of its much ballyhooed exit from the European Union — without a vote from Parliament. That...

Payment Methods
Boku Expands Carrier Billing To Switzerland-Based Spotify Customers
November 03, 2016

Boku, an independent carrier billing company, announced Wednesday (Nov. 3) the expansion of carrier billing for Spotify music users in Switzerland. According to a blog post, the expanded carrier billing is via Swisscom. With the partnership, Boku said it will help 6.5 million Swisscom subscribers...

CFPB
CFPB And NY AG Announce Lawsuit Over Debt Collection Scheme
November 03, 2016

The Consumer Financial Protection Bureau announced Wednesday (Nov. 2) that it, along with the New York Attorney General, launched a lawsuit against what it said are the leaders of a “massive debt collection scheme” based in Buffalo, New York. According to a press release, the...

Bitcoin
Zcash Finds A Bug That May Stop Private Transactions From Being Mined
November 03, 2016

Zcash, the anonymous new bitcoin alternative that was just launched, found a bug that may stop private transactions from being mined. According to a blog post on Zcash’s website, the company said there is one known bug that causes private transactions to not get mined. “We’re going...

B2B Payments
Tradeshift’s Shift Down Under
November 03, 2016

Tradeshift aims to connect businesses globally, with an eye on its own expansion. Here’s why the firm has just opened operations in Sydney and New Zealand, where economies and supply chains are growing nicely, according to CMO John Eng and Regional Sales Director Charles Thackwell.

Artificial Intelligence
Resolver To Use AI To Help Consumers Complain
November 03, 2016

Resolver, the U.K. startup that has created tools to help consumers complain and track the progress of their complaint, has raised £2.8 million in new funding, which it will use to apply artificial intelligence to make it easier for consumers to resolve issues. According to...

Social Commerce
Facebook Won’t Let Admiral Insurance Base Policies On Posts
November 03, 2016

Facebook has reportedly ruled out launching a new car insurance policy from Admiral Insurance of the U.K. that would analyze a customer’s posts on Facebook to help set the premiums of the policy. According to a report, the original plan was for Admiral to analyze...

Security & Fraud
Security Experts Agree, America Is Not Ready For A Cyberattack
November 03, 2016

Some unsettling news this morning about how America would fare in a potential future cyberattack. According to reports this morning, an attack similar to the one that ground 1,200 websites to a temporary halt last week could happen again — or worse — and the U.S. would...