Amazon

Amazon.com Inc. said it was hit by an "extensive" fraud, revealing that unidentified hackers were able to siphon funds from merchant accounts over six months last year.

Caving to pressure from lawmakers who recently cracked down on stores that eschew cash, Amazon has altered its business model to accept cash at its newest Amazon Go convenience stores and bookstores.

Amazon Go is caving to rising pressure from cities and states banning cashless stores and planning to introduce cash-acceptance to a model whose entire premise was about eliminating the friction of checkout with a seamless, card-based checkout.

As Amazon experiments in retail models that remove cash and plastic cards in favor of online and mobile payments, traditional retailers may have an ace up their sleeve: the gift card.

Grocers, alarmed at Amazon.com Inc.’s rapid growth in Europe, are considering fighting back with the help of a tiny Portuguese startup.

Amazon’s incursion into brick and mortar has been aggressive, but not without its share of course corrections. The latest is a new round of price cuts at Whole Foods amid whispers of slow Prime traffic at the high-end grocer.

Walmart customers will soon be able to shop for groceries online using Google hardware, giving the retailer an established market for voice ordering — that is still a distant second to Amazon's Alexa user base.

Randal Quarles, a senior Fed official and chair of the Financial Stability Board, sparked debate with a speech about the risks and rewards of companies like Amazon, Facebook and Apple entering the financial system.

The U.S. Supreme Court turned away an appeal by Amazon.com Inc.’s Zappos unit, letting a lawsuit proceed over a 2012 hack that exposed the personal information of 24 million customers.

Google's ambitious new gaming platform, Stadia, could fundamentally change the way people make purchases online, according to Daniel Wolfe, editor in chief of PaymentsSource.