News

Walmart banks on mobile payments, chip-and-PIN

Walmart is counting on mobile payments and chip and PIN cards to not only improve security of retail transactions, but also make it easier for consumers to buy products.

Ikea to expand e-commerce

Ikea has been slow to develop e-commerce, but the home goods retailer will resume its rollout, following a year of focus on physical stores.

Home Depot confirms data breach

The Home Depot confirmed that its payment data systems have been breached, which could potentially impact customers using cards in its U.S. and Canadian stores. The retailer reports no evidence of the breach affecting customers who shopped in Mexico or online.

Apple Pay puts NFC and security front and center

Apple introduced a series of new products including new iPhones and a wearable, but it's the long awaited mobile payment option, Apple Pay, that will tie together hardware, software and retail in an entirely new way.

CurrentC gives more retailers mobile wallet prospects

As mobile devices and digital currency play an ever-increasing role in retail, the Merchant Customer Exchange has unveiled a new mobile wallet called CurrentC, which already has the backing of big-box retailers such as Walmart, Target and Best Buy.

Whole Foods stops taking checks

Check writing may be gasping out its last breath. Whole Foods joins the ranks of retailers that will no longer accept checks as a form of payment. Story...

Apple could add NFC, new payment options

All eyes are on Apple as the company prepares to announce new products and services on Sept. 9. Expected is an iPhone 6, but Apple watchers anticipate the long-awaited wearable, new payment options and near-field communication technology.

Staples expands omnichannel capabilities

Staples announced new enhancements to its omnichannel capabilities, including the ability to buy products online and pick them up in-store within hours. Other upgrades include online payment with Visa Checkout, in-store kiosks and an iPad app.

Home Depot investigating massive data breach

Home Depot has confirmed it is investigating some "unusual activity" related to a data breach, making the home improvement retailer the latest potential victim of cyber criminals.

Macy's launches a digital wallet

Macy's is hopping on the digital wallet bandwagon. The retailer said in an Aug. 26 announcement that shoppers would be able to use the new option to manage special offers and make in-store and online payments.

The untold story of the Target data breach

Target's data breach is among the largest to date and has impacted the retailer far beyond the event's scope and moment in time.

Macy's to invest $1B in CapEx as omnichannel grows

Macy's is putting its money where its mouth is, promising to invest up to $1 billion in technology and infrastructure to support online and omnichannel efforts.

Newegg extends bitcoin to Canada

Online retailer Newegg now allows Canadian shoppers to pay with bitcoin, making it the second Web-only retailer to do so. TigerDirect began accepting bitcoin in July. Newegg has taken bitcoin payments in the United States since July 1.

Walmart rolling out EMV-enabled MasterCards

Walmart has issued a store-branded MasterCard that uses chip-and-PIN, or EMV, technology. The retailer announced the new card on its corporate blog, telling shoppers they can expect theirs in the mail within "the next few weeks."

Backoff malware widespread, PCI Council issues call to action

Backoff malware has affected more than 1,000 U.S. businesses, infecting POS systems from Target to Supervalu. The United States Secret Service and Department of Homeland Security has issued a warning that the Backoff POS malware may have infected more systems than previously believed.

Home Depot and Yardi partner on digital payment

Real estate software company Yardi announced the launch of a new service for clients as it partners with Home Depot to offer more purchasing options and full purchasing control for customers.

Amazon acquires Twitch for $1B

Amazon will buy the video game streaming site Twitch for $970 million in cash, giving Amazon a leg up in the advertising pool shared by competitors such as Netflix and YouTube.

Monetate taps Lucinda Duncalfe as new CEO

Monetate, a global leader in cloud-based testing, email optimization and in-the-moment personalization software, announced the promotion of new CEO Lucinda Duncalfe on Aug. 26 as the company continues a trend of new hires and appointments.