News

South East Asia
Jack Ma Sings The Praises Of Counterfeit Goods
June 14, 2016

Alibaba really wants to clean up the counterfeit goods that populate the many bazaars on its online marketplaces. There’s just one not so small issue, according to Alibaba CEO Jack Ma. The fakes are just so darn convincing. Specifically, Ma notes that Chinese-made counterfeit goods...

Merchant Innovation
Nordstrom Hits Online Sales Plateau
June 14, 2016

Anyone who has really tried to get themselves in shape has heard of the plateau – it’s that phase when your current exercises just don’t seem to be working as much as they used to, and even though you’re sticking to a schedule, you’re not...

Merchant Innovation
On-Demand Printing Is One Paris Bookstore’s Anti-Kindle
June 14, 2016

Paris is famed for its culture, and the City of Light is almost as well-known for its attempts to preserve that culture. And with Amazon taking on the book-reading community on two fronts with both successful brick-and-mortar bookstores and thriving Kindle sales, one Parisian bookshop...

International
Walmart Throws Big Executive Behind UK Push
June 14, 2016

With a retailer as big as Walmart, it should be understandable that the makeup of their executives changes every few years, or at least as often as their international priorities do. And now that Walmart’s UK business needs a kick in the pants, there have...

Security & Fraud
Visa Reduces Fraud At The Pump By 50+ Percent
June 14, 2016

Gas stations are a hot spot for card fraud. Mark Nelsen, Visa’s SVP of Risk Products, shares new data on how Visa Transaction Advisor has helped 37K station operators cut fraud and chargeback rates by more than half.

Security & Fraud
Salesforce Bulks Up Cybersecurity
June 14, 2016

Salesforce is making a move to bolster its cybersecurity offerings with a new hire. Reuters reported on Monday (June 13) that Salesforce is bringing well-known computer hacking expert Trey Ford on board as the company’s head of trust. He will be responsible for running Heroku,...

B2B Payments
In B2B, Ness Looks For Just The Facts With Big Data
June 14, 2016

Big Data is more than a buzzword; it can give new insight to SMBs as to where to deploy time and money across B2B transactions. The key? “Breaking down silos,” says Ness Software Engineering Chief Technology Officer Moshe Kranc.

Payment Methods
Microsoft Wallet Adds NFC Payments
June 14, 2016

The tech juggernaut may have taken awhile to get there, but Microsoft is on the edge of rolling out its operating system, Windows 10 Mobile. As reported by International Business Times, this summer will see the unveiling of a new app through the new software...

International
Tapp Commerce Secures $9M To Expand P2P Payments
June 14, 2016

Tapp Commerce, the peer-to-peer commerce exchange network that traces its roots to Finland but has been targeting expansion in Asia, said on Sunday (June 12) that it has garnered $9 million to help fund growth initiatives. The firm said via release that the latest funding...