Category: E-payment & Data Security

October 2, 2020

H&M has been fined over €35 million for breaching EU General Data Protection Regulation (GDPR) laws in a landmark ruling. The Swedish fashion retailer has incurred the largest fine ever to be levied against a single company over GDPR violations […]

September 23, 2020

Shopify is working with the FBI after “rogue members” of its support team stole data from over 100 of its merchants leading hackers to acquire customer details. According to Shopify it has now terminated two employees’ access to its network […]

September 18, 2020

Cash usage has dropped by around 30 per cent over the last decade and is expected to be used in just 10 per cent of transactions by 2028. According to a new report from the National Audit Office (NAO) on […]

September 1, 2020

PayPal has launched its own “buy now, pay later” (BNPL) scheme in a major challenge to market leaders like Klarna and Afterpay. ‘Pay in 4’ will be freely available to all merchants who accept PayPal as a payments option, which […]

August 11, 2020

Kroger has been promoting its Kroger Pay program during the pandemic, and likely hoped that would suffice for customers rather than bringing on the third-party payment systems it has resisted up until now. Walmart has taken a similar approach with […]

August 11, 2020

While there’s no evidence COVID-19 can be transmitted by cash or credit cards, the use of mobile payments and contactless cards has taken off in recent months over concerns about touching surfaces, according to research from the National Retail Federation’s […]

July 30, 2020

Amazon’s chief executive Jeff Bezos botched his defense of his company at yesterday’s House Judiciary Committee antitrust hearing, failing to guarantee it has not taken ideas from its competitors. During the landmark hearing the chief executives from the US’ largest […]

July 29, 2020

As the nation navigates the new normal, retailers continue to safely serve our communities across the country. But retailers are confronting an economy that has undergone major shifts during the course of the pandemic, as consumers continue to buy items […]

July 17, 2020

According to the NRF’s previous research, retail shrinkage totaled $46.8 billion in 2017, indicating that retail’s shrink problem has continued to grow over the past few years. “Between an increase in incidents and new ways to steal, shrink is at […]

July 15, 2020

When retail historians compile the definitive chronicle of this era, they will recall something remarkable: as merchants across the nation responded to the COVID-19 outbreak by shifting more operations online, two years’ worth of e-Commerce growth got crammed into two […]