Retailers

Just weeks after it shook up its executive ranks and suspended efforts to pursue new customers, the New York-based business lender confirmed Friday that it is eliminating dozens of jobs.

Online shoppers can expect fraudsters to be at the height of their creativity during the 2016 holiday season.

Bluetooth beacons, which communicate with consumers' apps as they enter and leave stores, have been bouncing around the retail industry for a few years looking for the right combination of foot traffic, product and customer experience.

Merchants should check operating systems, since the PC-based operating systems which run most legacy point of sale software have security flaws and are targets for malware.

Too many data breach reports show that companies suffering compromises were unaware that cardholder data was present in their systems. The Payment Card Industry Security Standards Council wants to fix this.

Crooks are getting more clever when hacking e-commerce sites to hide illegal activity, requiring banks and processors to developer a broader picture of merchants and payment activity.

Mobile payment initiatives have largely failed because they focus on changing transactions instead of changing the way consumers and merchants engage with each other, according to Carta Worldwide, which touts new tokens as a way to reverse that.

LevelUp has worked mostly with smaller merchants. It's relationship with the merchant-focused Chase Pay will give it access to a much larger group of retailers.

The potential user base is huge. Tencent Holdings has 846 million global monthly active-user WeChat accounts, and more than 300 million have linked bank cards.

Merchant cash advances have been controversial because of high premiums. But they can be lucrative for cash advance companies as well as ISOs.

Amazon.com has set the standard for e-commerce with fast delivery, invisible payments and many other perks that keep consumers coming back to its site. Increasingly, the e-tailer has been experimenting with ways to streamline the payment process outside of the trappings of its website.

Both major brands are accelerating a move away from traditional checkout, and all retailers need to make adjustments for the future.

The mobile ticketing service is aimed at reducing lines, and is similar to a deal Atom has in place with Regal Cinemas.

Sen. Jeff Sessions, R-Ala., President-elect Donald Trump's pick to head the Department of Justice, could play a key role in the fate of the agency.

The growth that followed the turnover of Costco's payment cards from American Express has been greater than expected, according to the bank.

Legacy systems will be pressured in the year ahead to keep ahead of e-commerce, international regulations and other emerging risks.

Already under fire from companies like Square, another outsider threatens to cut terminal makers out of the loop. It's up to device makers to adapt.

The company hopes to build off of its successful mobile app by adding new ordering technology. A massive international expansion of its store footprint is also in the works.

The opening of the 2016 holiday season, which marks the first full year since the country's major EMV fraud liability shift, is proving what data security experts feared all along.

Transaction records reveal a lot about consumers that can go a long way toward building marketing campaigns that keeps them coming back.