Retail

Apple Pay
Apple Pay Beefs Up Security, But Point of Sale Still Under Threat
September 19, 2014

There’s little debate that Apple Pay is going to sharply boost mobile payment security. After all, replacing signature or a 4-digit shoulder-surfing-vulnerable PIN with a biometric authentication is a big step in the right direction. No authentication system is perfect, but being more secure than...

News
Amex Organizes “Online Day-Off” Shopping Event
September 19, 2014

Amex is pushing a two-day event looking at creative ways e-tailers have successfully entered physical retail The idea of Onlines Day Off “was created to connect our small merchant partners to seasoned entrepreneurs and industry experts who can help them successfully navigate a changing business...

Apple Pay Recommends Six Processors—And PayPal’s Not One Of Them
September 15, 2014

On the one hand, Apple and PayPal have been partners for almost a decade, notes ReadWrite, going all of the way to the early iTunes Music Store days. But given that PayPal has been actively pushing its own mobile payment app as a retail in-store...

Cool
The Better-Than-MCX Mobile Commerce Approach
August 15, 2014

To a degree that would likely shock an outsider, the payments industry loves a thrill. The industry’s favorite adjective is “disruptive” and an invisible disruption is, well, intuitively something that sounds objectively impossible—like a round square. Why such an atmosphere would attract innovative and revolutionary...

Breach Round Up
Russian Cyberthief Indicted For Chase, Capital One, Citibank Attacks
August 13, 2014

A Russian national has been indicted for a series of cyber attacks against financial institutions (including Chase Bank, Capital One, Citibank and the Boeing Employees’ Credit Union) and retail POS in the U.S., as well as for running various carding forums that resold payment card...

Loyalty & Rewards
Amazon Rolls Out mPOS, Undercuts Fees From Square, PayPal
August 13, 2014

Amazon on Wednesday (Aug. 13) introduced its own mPOS package—to be called Amazon Local Register—and focused on the tune it knows that SMB retailers want to hear: lower merchant fees than Square and PayPal Here. Amazon is in an awkward position, in that it is seen as...

In Depth
CyberSecurity Goes Collaborative
May 22, 2014

Retail leaders’ efforts to come together in the fight against cybercrime took a new turn recently with the formation of a sharing center to pool their knowledge. Their efforts were bolstered by three government agencies who have an interest in keeping a lid on cybercrime....

Merchant Innovation
Fair Weather Consumer Spending?
May 09, 2014

Now that we’ve braved the winter and Spring has sprung, many consumers are back in the spending mood. In a recent interview, PYMNTS spoke with Master Card SVP Sarah Quinlan, aka The “Duchess of Doom,” to understand what’s driving retail spending trends. As it turns...

Controversial
New Stats: eCommerce As A Share Of U.S. Retail Sales
April 23, 2014

Two recent reports from eMarketer shed new light on trends in U.S. overall retail sales and how eCommerce will affect overall volume through 2018. Will consumers continue to shun the malls for shopping online with mobile devices?