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Bitglass analyzed 103 bank data breaches
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Bitglass: Financial institution data breaches tripled in two years

When cloud security provider Bitglass examined the state of financial services cybersecurity in 2018, it was shocked to see that data breaches of financial institutions had nearly tripled since its 2016 report. In its 2018 Financial Breach Report, there were nearly three times as many ...
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Online sales tax in 13,000+ jurisdictions now a reality for online sellers

The US Supreme Court decided on June 21, 2018, that states and local governments could require online retailers to collect online sales tax even if they don’t have a physical presence in the local tax jurisdiction. In South Dakota v. Wayfair Inc., the court left ...
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Payments NEXT newsletter
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Payments NEXT newsletter: The week’s latest global payments news

Lots of timely global Payments NEXT news for your weekend reading starting with the launch of Amazon 4-Star store in Soho, fraudsters using look-alike URLs, biometrics and contactless payments trends and much more. Also, check out our week’s best payments news roundup. Is Amazon 4-Star ...
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global payments news
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Global payments news roundup: Amazon, Bon-Ton, PCI, AI, future of malls

Here’s what we’ve been reading in the global payments news this week. There’s everything from Amazon’s new 4-Star concept store to the mall of the future, biometric payments, contactless payments research and the challenge of look-alike domains. It’s all the news you can use for ...
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Look-alike domains pose growing threat to online sellers, shoppers

With the fast growth of online shopping, a new research report from Venafi shows hackers are also increasing their efforts to steal confidential shopper data using look-alike domains. Global cybersecurity firm Venafi analyzed suspicious domains targeting the top 20 retailers in the US, UK, France, ...
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Is Amazon 4-Star reinventing the department store?

If you’re a certain age, you might remember the grand FW Woolworth’s department store. Founded in 1878, the successful chain pioneered the five-and-dime store where you could find thousands of products at reasonable prices. It grew into one of the world’s largest department store chains ...
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Can Visa get contactless payments to stick this time around?

It’s not like Visa and MasterCard haven’t tried to get US consumers to embrace contactless cards. But according to a recent infographic released by Visa, only 0.6% of US consumers used contactless payments as of September 2017. Contrast that with some of the biggest adopters ...
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biometric payment cards
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Biometric payments cards butting heads with real-world customer usage

The payments industry loves the promise of new technology whether it’s mobile payments, fingerprints, facial recognition or other biometric payments. But the challenge of moving from test markets to the real world is always present. Visa, Mountain America Credit Union, and Fingerprints AB ran a ...
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Flipkart launches cardless credit in India
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Walmart-owned Flipkart launches instant credit for Indian consumers

India’s leading online shopping site Flipkart, now 77% owned by Walmart, launched a cashless credit program that will give shoppers access to an instant credit line of up to Rs 60,000 ($834 USD) to buy products on the e-commerce marketplace. The announcement comes just ahead ...
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Payments NEXT news roundup
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Payments NEXT newsletter: holiday sales, cybersecurity, regtech compliance

Here’s the best global payments news that crossed our desk this week, all curated and quickly accessed for your weekend reading enjoyment via Payments NEXT. Retail sales prediction: Black Friday & holiday sales could jump 15.5% A new report from Internet Retailer suggests US 2018 holiday retail sales could ...
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