04 MArch 201a Use of retail apps and websites in Italy jumped sharply last year, according to comScore’s latest Mobile Advisor Study. Traffic to online retail platforms from mobile devices soared 74.8 percent, comScore announced March 3. Retail traffic accounted for 23.8 percent of all...
04 March 2014 Home Depot has appointed a new U.S. retail president in a bid to expand and enhance the company’s Web profile. Craig Menear, who previously served as Home Depot’s Southwest division manager, first joined the company in 1997. His last position was head...
04 March 2014 A new study from the Yankee Group has poured some cold water on mobile payments adoption. Only 16 percent of smartphone owners have used their device to make a payment in-store, the study found. Of those, 73 percent use them five times...
05 March 2014 Overstock.com customers have officially made more than $1 million in purchases with bitcoins. The online retailer partnered with Coin Base in early January 2014 to accept the digital currency, meaning the million-dollar milestone was surpassed in slightly less than two months. In...
05 March 2014 eBay Inc. CEO John Donahoe believes that eBay and PayPal are stronger together, despite recent moves by investor Carl Icahn to split the payments service from the company’s namesake website. Icahn has recently nominated two business associates to the company’s board of...
05 March 2014 Global technology provider Fiserv Inc. has named Kevin Gregoire as group president. Gregoire most recently led the Card Services division at Fiserv, with responsibility for debit and credit processing solutions, prepaid card services, ATM processing and the Accel payments network. “I am...
04 March 2014 North Shore Bank in Brookfield, Wis., recently launched a MasterPass digital wallet to simplify online shopping for its customers, the first Wisconsin bank to offer the service. It provides a centralized location to securely store debit card, credit card, prepaid card and...
05 March 2014 RadioShack reportedly appears to be struggling to compete with the Big Box retailers, including Best Buy. The electronics-store chain announced March 4 that it plans to close up to 1,100 poorly performing stores, or about 20 percent of its stores, because of...
05 March 2014 Chicago’s First American Bank recently issued an advisory telling customers not to use their payment cards in local taxis. “We have become aware of a data breach that occurs when a card is used in Chicago taxis, including American United, Checker, Yellow, and...
