Tuesday , January 16, 2018

Mobile Commerce

PayPal Services Coming to BigCommerce Merchants Via an App

E-commerce platform BigCommerce Pty Ltd. announced a new app for its client merchants that allows them to offer customers credit, access working capital, and glean marketing insights through PayPal Holdings Inc.’s services. BigCommerce clients using the service will be able to include a standalone PayPal Credit button on their e-commerce …

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PayPal And Synchrony Financial Extend a 13-Year-Old Credit Relationship

Private-label card issuer Synchrony Financial and PayPal Holdings Inc. have expanded their credit agreements. Announced Wednesday, the deal sees Stamford, Conn.-based Synchrony Financial become the exclusive provider for PayPal Credit, the payment company’s U.S. online consumer financial program, and extends an existing co-branded consumer credit card issued by Synchrony Financial, …

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More Younger Than Older Consumers Are Okay Shopping Online With Debit Cards

More younger consumers than older ones prefer using debit cards for online shopping, finds the “Holiday Shopping Consumer Survey Results” released by Vantiv Inc. In the survey of more than 1,000 consumers, 32% of Millennials and 27% of Generation X said using a debit card was their preferred online-shopping method. …

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ThreatMetrix Reports a 100% Increase in Third-Quarter Cyberattacks in Just Two Years

It’s not a pretty picture, but then anything detailing the proliferation of cybercrime isn’t likely to have a bright side. ThreatMetrix Inc., in its “2017 Q3 Cybercrime Report,” says it detected and stopped 171 million attacks in the third quarter, a 100% increase from the 2015 third quarter. The report, …

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As the Holiday-Shopping Season Looms, E-Retailers Face Rising Security Challenges

The fourth-quarter holiday shopping season may be a big present in the form of more sales for retailers, but it may also bring with it a lump of coal in the form of amped-up cyberattacks and fraud attempts. Two of the most beneficial measures retailers can take to secure their …

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Frequency of Breaches Points up Limited Capabilities of Cybersecurity Teams, Survey Says

Data breaches have grown so frequent that at least some observers have begun to question whether cybersecurity staffs within corporate and government entities are up to the challenge of stopping them. “You just have to look at the continued ubiquity of breaches in the headlines to know that we’re losing …

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U.S. Consumers’ Coolness to Mobile Spurs Payments Execs to Ponder Causes

Mobile payments in the United States haven’t grown as fast as program sponsors had thought they would, and now the industry is looking at what the reasons might be. After all, the payment method is positioned to consumers as a faster, easier, more secure alternative to cards, and one that …

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Apple Lays Out an Ambition to Capture More ‘Everyday’ Spend for Apple Pay

Marking Apple Pay’s third anniversary, an Apple Inc. executive Sunday night outlined an ambition to make the wallet usable in a wide range of what the company calls “everyday” events in people’s lives. “This [Apple Pay] is the future of everyday spend,” declared Jennifer Bailey, vice president for Internet services …

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Tokenization Gets a Boost as The Clearing House Signs on To Manage Mastercard Tokens

The Clearing House, a major player in U.S. payments, is getting deeper into the tokenization business through a new pact with Mastercard Inc. New York City-based The Clearing House and Mastercard announced Thursday that TCH has become a Mastercard-certified third-party Token Service Provider (TSP). As such, TCH will be able …

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While Lauding a Strong Quarter, PayPal Brass Looks to ‘Monetize’ Venmo And Launch NFC

With Venmo accounting for a swiftly growing share of PayPal’s total payment volume, the company’s top brass left no doubt on Thursday they are eager to start making the peer-to-peer payment service start paying its way. “We [now] begin to monetize Venmo,” PayPal chief executive Dan Schulman told equity analysts …

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