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...
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...
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....
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...
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?
MPD CEO Karen Webster and BlueSnap CEO Ralph Dangelmaier went around the world to explore the opportunities and challenges of doing business in some of the most dynamic markets for commerce. Here are a few highlights about what it will take to win in these...
New research from NFIB reveal that SMBs have a slightly more optimistic view of their economic future with much of the gain the result of the nose dive this “optimism index” took in February. Unfortunately, SMBs still feel a nagging sense of uncertainty about their...
New Toys ‘R’ Us Strategy Looks To Wow Parents, Not Kids News, Retail What’s Hot, Toys ‘R’ Us turnaround strategy, TRU Transformation Toy store Toys ‘R’ Us, which lost $1 billion last year, reportedly is going through changes, focusing its turnaround strategy less on impressing...
Factoring, in which a supplier sells an invoice to a financer to be paid less than the invoice's value immediately, all but dried up as a financing source for small apparel manufacturers in the wake of the recession. But it appears to be making a...
