Square updates Cash app; seeks more funding

Users can now send funds via text or email as company redesigns service with better transaction notifications.

FEATURES


Backoff is the new standard by which other malware will be judged

Every now and then, hackers develop a piece of malware that is so insidious, it changes the landscape of computer security. While there are many contenders for this dubious list, CodeRed, Zeus, and now Backoff are certainly worthy of inclusion.

Seven critical questions required for business decision precision

Today's retail stakes are too high for "lies, damned lies, and statistics."

Amazon enters the mPOS competition

The online retailer Wednesday introduced Amazon Local Register with a better transaction rate than Square.

What host card emulation means for mobile payment security

The EMV card is a physical asset that provides security via encryption. The next step is to duplicate this security virtually.

The three main things customers want from mobile payments

How can you get customers to adopt mobile payments? Make them a value-added benefit that improves their retail experience.

Major store transformation at In The Pink

In The Pink Stores, the largest chain of Lilly Pulitzer Signature Stores in the US, has launched mPOS as part of a major store transformation project.

Making data-driven decisions with your POS

Three questions to ask of your business to understand how to leverage POS data for a competitive advantage.

Retailers launch comprehensive cyber intelligence sharing center

The R-CISC is an independent organization, the centerpiece of which is a Retail Information Sharing and Analysis Center (Retail-ISAC).

Amazon eyes mobile payments, POS

The online retail leader has a chance to make an immediate impact with an mPOS product.

Report says Target knew about the data breach, but did nothing

The retailer had a working anti-malware system in place before the breach, but it was ignored.

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NEWS


FreedomPay unveils PCI-certified P2PE tech for merchants

Commerce platform FreedomPay has unveiled what it says is North America’s first PCI certified fully functional, point-to-point encryption payment technology as part of its cloud-based FreedomPay Commerce Platform.

Square expands capital program

Victory Park Capital invests in Square so that mPOS provider can target more small businesses with lending opportunities.

Square goes on the defensive in light of Amazon Local Register

The mPOS provider addressed in a blog post what it called myths about it pricing, service and a number of other issues.

Supervalu the latest brand to report data breach

The company doesn't specify that PIN numbers were stolen, but refers to 'other numerical information' in the announcement that its POS system was compromised.

PassMarket, NCR Silver connect to enhance mobile shopping experience

The iMobile3 PassMarket mobile app provides customers with rewards, offers, gifting, messaging, store locator and payment features to simplify the shopping experience for customers using their mobile devices.

Wipit expands product offering to include in-app barcode payments at retail POS

Mobile wallet provider's wallet is aimed at financially underserved consumers.

Department of Homeland Security warns retailers of new POS malware

Backoff uses a variety of methods to compromise the POS, including keylogging and injecting malicious code into explorer.exe. That second one is particularly nasty because it means the exploit will still be there if the machine is turned off or rebooted.

Ingenico to deploy Canada's first EMV and contactless mPOS product

Ingenico Group announced Thursday that Moneris Solutions Corp., Canada's largest credit and debit card processor, has selected Ingenico to deploy Canada's first EMV and contactless mobile product, according to a press release.

First Data to acquire gift card platform Gyft

First Data has announced the acquisition of Gyft Inc., a digital platform that enables consumers to buy, send, manage and redeem gift cards using mobile devices. Financial terms of the deal were not disclosed.

Globally 3 in 10 consumers don't trust retailers with securing their data

A global fraud study of more than 6,100 consumers across 20 countries has revealed distrust among global consumers in retailers to protect their data. The new study, "Global Consumers: Concerned and Willing to Engage in the Battle Against Fraud," is...

Fashion retailer Zara adds RFID-based inventory intelligence

Tyco Retail Solutions announced that Inditex Group, one of the world’s largest fashion retailers, has awarded Tyco a chain-wide contract for RFID-based inventory intelligence. The Tyco solution is currently deployed in 700 Zara stores across 22 countries, the companies said...

ACI Worldwide to acquire Retail Decisions to boost CNP fraud prevention

ACI Worldwide, a global provider of electronic payment and banking products, and Retail Decisions (ReD), a fraud prevention company, today announced that they have entered into a definitive transaction agreement, according to a press release. Under the terms of the...

Slyde app combines loyalty, deals and touchless payments

SK Planet Inc., the U.S.-based mobile commerce subsidiary affiliated with wireless giant SK Telecom, has announced its beta launch of a touchless, beacon-enabled shopping experience through its Slyde mobile app.

Goodwill stores automate POS, cash handling with NCR

Retail Control Systems (RCS), a point-of-sale solutions provider for retailers, announced that Goodwill Industries of Chattanooga has successfully automated 14 stores with its NCR Counterpoint retail management solution. Prior to implementing RCS's NCR Counterpoint solution, Goodwill used electronic cash registers...

Smaller merchants to get more mPOS options with Spindle, RisePay pact

Spindle Inc., a provider of mobile commerce solutions, announced it has signed a strategic agreement with RisePay, a developer of payment gateway systems for small businesses, service providers and mobile vendors, according to a press release. Through this arrangement, RisePay...

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Often the heart and soul of retail IT, the point-of-sale system is a mission-critical technology tool for every retailer. Learn how to choose the right POS, how to plan for upgrades, and how to take it to the next level by integrating it with other store systems.