Three heavy hitters in the payment-card industry are trying to smooth the path for small merchants to support EMV chip cards by launching an education and pre-qualification program for the companies that provide their card processing connections. On Thursday (April 30), the Payments Security Task...
A popular WordPress plug-in that provides eCommerce capabilities for thousands of websites has several high-risk vulnerabilities — and they’re not expected to be fixed, the IDG News Service reported on Thursday (April 30). TheCartPress, an open-source plug-in that is currently used in more than 5,000...
Here’s how serious the doubts are among payment-systems professionals about EMV and mobile payments: 68 percent of them say pressure to migrate to new payment systems puts customer data at greater risk instead of making it safer, according to a new survey by Experian and...
Taking a cue from the ancient wisdom that says the enemy of my enemy is my friend, Chinese eCommerce mega-player Alibaba was an investor in Jet.com’s $140 million funding round in February, which was led by Bain Capital, according to Forbes. While an investment in...
Lyst is now $40 million richer and ready to expand into the international arena at the conclusion of its latest funding round, Fortune reported today (April 30). The eCommerce site can now count Groupe Arnault, the investment firm controlled by LVMH CEO Bernard Arnault, among its...
On-demand shipping startup ShipBob has selected an expansion city and picked up $1 million in seed investment, Built in Chicago reported on Wednesday (April 29). The new money — in the form of a convertible loan from SV Angels, FundersClub, WeFunder and other angel investors...
Millennials like self-checkout — but they’d like it even more if they could use mobile payments there, according to results from a new survey commissioned by location-based mobile marketing vendor Retale. While 20 percent of the survey’s 1,000-plus U.S. adult respondents said they’d like to...
So what does the most highly valued and buzzed about startup in the world do? Well, if you’re Uber, you decide to start racing with the big boys over at Amazon and Google in the same-day delivery race. According to reports, Uber is making its...
As Alibaba and Tencent square off for yet another battle — this one over mobile movie-ticket sales — Tencent ally Beijing Weiying Technology has raised $105 million from investors for its WePiao ticket sales service, Tech in Asia reported on Tuesday (April 28). The Series...
