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PaymentMar 24, 2014 12:50 PM By MCM Staff
Security breaches at large retailers triggered a surge in friendly fraud among consumers, according to dispute mitigation company Chargebacks911, which warns online merchants to prepare themselves with prevention strategies.
PaymentMar 20, 2014 9:55 AM By Tim Parry
Here a burger, there a burger, let’s put a hold on Tim’s card…
PaymentMar 20, 2014 8:32 AM By Tim Parry
Did you miss Day 1 of the Merchant Risk Council Ecommerce Payments and Risk Council? Here’s a look back at some thought leadership, fun and a-ha moments from Las Vegas. [View the story "#MRCVegas14 Day 1" on Storify]
PaymentMar 17, 2014 7:16 PM By Benny Nachman
The recent Target data breach, together with a series of other events in recent years, have moved Europay, MasterCard, Visa (EMV) adoption in the U.S. from a possibility to a near reality.
PaymentMar 05, 2014 3:16 PM By MCM Staff
Overstock.com announced that it has sold over $1 million in product to Bitcoin users since the online shopping site started accepting the cryptocurrency on Jan 9. According to Overstock.com, of the over 4,300 Bitcoin customers that made purchases with the site since January, almost 60% are new customers.
PaymentFeb 26, 2014 8:05 AM By Tim Parry
What did the major data breach at Target mean for the merchant’s bottom line? It meant fewer consumers shopping at the mass merchant, as well as a $17 million net expense related to the data breach investigation. Target announced Wednesday that sales for its U.S. segment in the fourth-quarter decreased 6.6%.
PaymentFeb 17, 2014 2:49 PM By Tim Parry
Is Bitcoin about to change the way we pay for goods and services on the Internet? Or is Bitcoin just another alternative payment method that comes in like a lion and goes out like a lamb?
PaymentFeb 08, 2014 2:31 PM By Tim Parry
As buzz about Bitcoin continues to build, the question is often asked – will consumers embrace this alternative currency? A new nationwide survey conducted for TheStreet by GfK1 shows that consumers do not understand Bitcoin and have little interest in owning it.
PaymentFeb 07, 2014 3:47 PM By MCM Staff
As retailers increasingly look to mobile as a way to generate revenue, fraud threats are impacting merchants to the tune of $283 for every $100 of actual fraud losses through mobile devices.
PaymentFeb 07, 2014 6:07 AM By MCM Staff
What can businesses and retailers learn from Target security breach? Here are some of key takeaway tips from WatchGuard Technologies’ Director of Security Strategy and Research Corey Nachreiner.