Retailers

Looking at the majority of recent articles around the launch of Apple Pay in the UK, you’d be forgiven for thinking that the most exciting aspect of Apple Pay is its harnessing of Near Field Communication (NFC) technology.

The House of Representatives has already passed two strong bills (the Protecting Cyber Networks Act and the National Cybersecurity Protection Advancement Act). We are now urging the Senate to take up and pass the Cybersecurity Information Sharing Act (S. 754) as soon as possible.

Indian e-commerce company Snapdeal.com is raising about $500 million from investors led by Alibaba Group Holding Ltd., according to people familiar with the matter.

The ability to browse limitless shops and purchase goods and services from almost anywhere in the world has revolutionized commerce.

The mobile point of sale market already seems overcrowded, but what's out there now is just a taste of what's to come, according to 451 Research.

The concept of a purely mobile or digital transaction is already evolving into something more. A few companies are taking the idea of a software-based payment system and bringing it into the physical world.

While the blockchain will doubtless offer some amazing innovations, much of the hype has focused on obtuse applications in existing markets rather than an exploration of how the technology will be used to create entirely new markets. There are big changes that are being pursued by the best and most ambitious minds in the financial technology and payments industries.

Switzerland's Migros is the country's largest retailer and employer, as well as the owner of a prominent local bank, giving the company an unconventional perspective on the costs and benefits of mobile payments.

Particularly in the fast-food industry, the menu of mobile capabilities is more super-sized than ever — and it's one of the rare payments trends that's actually being driven by the consumer.

American Express and Best Buy will allow consumers to make purchases on the retailer’s website using the reward points earned from their Amex spending.

Total System Services (TSYS), in partnership with commercial software provider Acquirer Systems, has launched a new EMV certification service.

PayPal has added new features to its invoicing product in a market filled with rivals that are similarly diversifying their services to lure small businesses.

When it comes to online retail markets, China is in a class by itself. The country is already home to the world’s largest e-commerce market, and there’s room for more growth.

More than a third of small-business owners won't accept EMV chip cards by Oct. 1 — and don't plan to do so any time in the future – but they may change their minds if the decision costs them as little as $100 in fraud losses.

Capify, a New York-based global alternative financing company, has landed a partnership with e-commerce giant Alibaba to provide cash advances and loans to small and mid-sized businesses in Australia.

While tokenization does represent progress, it is important to consider whether tokenization is, in fact, enough to secure online payments. There are some vulnerabilities, and as cyber thieves grow more sophisticated, companies will have to continue to innovate better security solutions, as well as ensure the ones that are on the market are being used as effectively as possible.

Nearly a year to the date since he left his role as CEO of NetSpend, Dan Henry may have found the new "aha moment in payments" he said he would seek as the next chapter in his career.

There's a classic approach behind many of the retail cyberattacks that make the news: Backoff malware, which “sniffs” the traffic that flows on a network to identify and steal credit card data passed between point of sale (POS) terminals.

The problem with basing a mobile point of sale system on Apple products is the merchant invariably pays Apple prices. E-Nabler aims to demonstrate that the same capabilities can be had on Android tablets and smartphones for at least half the price.

Spain's largest bank, CaixaBank, has entered a payments joint venture with Global Payments and the Erste Group Bank for transactions in Czech Republic, Slovakia and Romania.