Chinese smartphone maker Xiaomi is expanding its sales channels in India beyond Flipkart to include Snapdeal and Amazon India, along with Indian brick-and-mortar retailers for the first time, TechCrunch reported on Tuesday (April 7). According to a series of tweets by Xiaomi executives, starting this...
An eCommerce executive will plead guilty and pay a $20,000 fine in the U.S. Justice Department’s first prosecution for online price fixing, the department announced on Monday (April 6). David Topkins, a former executive at Art.com, was charged in U.S. District Court in San Francisco...
There is a gender divide when it comes to online shopping…and men currently claim the majority. According to Bronto Software’s 2015 “Consumers Tell All” survey, 30 percent of males shop online once per week, compared to only 18 percent of females. The results demonstrated a...
Apple Pay is violating the Dodd-Frank Act’s Durbin amendment, retailer groups say — at least the way Apple’s mobile payments system is currently implemented — and the groups are calling on Apple, Visa and MasterCard to meet the requirements of the law, American Banker reported...
Indian B2B marketplace IndiaMART believes its six-month-old Tolexo arm could pass $1 billion in gross merchandise value by 2017 and hit $10 billion in transactions by 2020, according to DNA India. That would happen if IndiaMART — which matches up B2B buyers and sellers but...
Pop culture quiz. What does “let your fingers do the walking” refer to? Of course, most people think of the tag line of the Yellow Pages – that essential hard copy directory of businesses that landed with a thud on the doorsteps of every household...
The war of words over whether the U.S. federal government should beef up regulation of retailers’ data security got another salvo from a credit-union organization last week, in a letter telling congressional leaders that retailers should be regulated like financial institutions. “Congress must act to...
Ingenico and Intel have partnered to build mobile payment capabilities into a wide array of connected devices for the Internet of Things (IoT) — including intelligent vending machines, kiosks and digital signage, the companies announced at the Transact conference last week. Under the deal, Ingenico...
Walmart’s top payments executive told a conference last week that letting banks issue EMV credit cards without PINs makes a mockery of EMV security, CNN Money reported. “Signature is worthless as a form of authentication,” Walmart senior VP and assistant treasurer Mike Cook said during...
