Mel Brooks famously observed that it is good to be the king, but while few of us will ever intentionally pass up a turn in the throne, there are downsides to the crown. When the going gets tough, the king is the person most at risk of...
With the filing of an F-1 document with the SEC, Shopify has announced its intention to pursue an IPO and begin selling shares on the open market. That decision seems to come on the strength of declining losses in Q1 2015. Shopify – which provides subscription...
In-store analytics giant RetailNext has tripled its funding by closing a $125 million round, the company announced on Wednesday (April 15). The Series E round was led by Activant Capital Group, but all RetailNext’s existing investors also participated, including August Capital, StarVest Partners, Nokia Growth...
A hotel management group has confirmed payment-card breaches in 10 of its hotels, just months before the affected point-of-sale (POS) systems were scheduled to be converted to tokenization — which might have blocked the breaches. White Lodging Services, which operates 174 hotel properties, said last...
Even given the tech sector’s nearly universal drive to make sure that no American with a smartphone will ever be hungry again, Square’s acquisition of food delivery service Caviar last summer seemed like something of a puzzler. Square’s main corporate MO had been centered on payments...
The migration to EMV has given merchants a whole new reason to revisit point of sale features that help not only maintain compliance with new standards, but also increase the opportunities to add value to their customers and efficiency to their store operations. On Tuesday,...
Apple Pay is violating the Dodd-Frank Act’s Durbin amendment, retailer groups say — at least the way Apple’s mobile payments system is currently implemented — and the groups are calling on Apple, Visa and MasterCard to meet the requirements of the law, American Banker reported...
The war of words over whether the U.S. federal government should beef up regulation of retailers’ data security got another salvo from a credit-union organization last week, in a letter telling congressional leaders that retailers should be regulated like financial institutions. “Congress must act to...
Ingenico and Intel have partnered to build mobile payment capabilities into a wide array of connected devices for the Internet of Things (IoT) — including intelligent vending machines, kiosks and digital signage, the companies announced at the Transact conference last week. Under the deal, Ingenico...
