Retailers

More than 700 million global cyberattacks and 1.7 billion bot attacks took place in 2017, a 44% increase in the attack rate over 2016.

The cashless society is no longer just a feast for the 527 million Chinese mobile payment users, but to anyone with a solid digital footprint, according to Franklin Chu, managing director for Azoya USA.

A strategic payments plan could shine a light on critical gaps in a community bank’s offerings; one frequently missed opportunity is credit cards, writes Deborah Matthews Phillips, managing director of payment strategy for Jack Henry & Associates.

CFOs can give their accounts receivable valuable time back during the workweek when switching to an automated B-to-B payments solution, writes Ed Jordan, CFO of Billtrust.

By taking advantage of the peak sales periods with higher-than-usual transaction volumes such as Valentine’s Day, criminals can use legitimate payment and shipping platforms without raising fraud alerts, writes Ron Teicher, CEO of EverCompliant.

As an industry, we owe it to our customers and end users to deliver banking and payments that function in real-time and meet their expectations, writes Paul Kobos, senior vice president of banking & payments for Gemalto.

It’ll be up to card not present payment processors to ease the path toward acceptance of cryptocurrencies for subscriptions, and it could be another five years or more before any of that comes to fruition, writes Georg Richter, founder and CEO of OceanX.

Even today, as mobile and e-commerce payment options flood the market, few companies are willing to do away with cash acceptance. But a handful of brands have launched cashless locations, taking a bold step into a future where cash is no longer king.

Companies like Amazon are increasing customer expectation, and traditional issuers could lose out if they don't respond, according to FIS' Sona Jepsen.

The best course of action would be seek a policy, or an endorsement to your policy, that specifically includes coverage for all PCI fee, according to Karin Scherner Aldama, a partner at Perkins Coie's Insurance Recovery Law Practice.

As owner of Whole Foods Market, Amazon is bringing one of its key strengths — swift product delivery — to its retail grocery store business.

Walmart Inc., pushing to challenge Amazon.com Inc. in e-commerce, has added more technology savvy to its board.

Employers have to find a way to keep associates productive and satisfied while this transition in payments experience is underway, writes Mike Zorn, vice president of Workplace Strategy at WorkJam.

"Ring-fencing" is designed to reduce risk, but will lead to major changes in transaction infrastructure and open a temporary door for fraudsters, according to Marcus Hughes, head of strategic business development at Bottomline Technologies.

Success with blockchain does not depend on new technology alone. It requires bringing together experts in people, process and technology to simplify complex processes and apply tested methods to the new technical landscape, writes Michael Goodman, senior director of data and analytics for NTT Data Services.

On-card biometrics is the final piece of the puzzle to bring trust and security to contactless payments without compromising convenience, writes Lina Andolf-Orup, global product marketing manager at Fingerprints.

Retailers used to be able to hold onto their physical presence as a differentiator against Amazon. In the past year, Amazon has taken even that advantage away.

Strong holiday spending was marked by active e-commerce spending, providing an impetus to invest in more digital payment technology.

The bank's commitment in the last couple of years to an "agile" environment of rapid testing and learning produced answers within a couple of months.

The announcement comes only a month after five other retailers dropped from Plenti. AT&T had dropped out of the program three months earlier as the first retailer to leave.