Google has premiered the first version of its Google Wallet app, officially kicking off the mobile phone payment system it first announced earlier this year. Google also announced that Visa, Discover and American Express have made the first move toward getting on board with Google Wallet. MasterCard...
Isis, a mobile commerce venture that includes the U.S.' largest wireless providers, announced Tuesday that Visa, MasterCard and American Express will be partnering with the organization. The agreement makes Isis, a joint venture between AT&T, Verizon and T-Mobile and supported by Discover at its...
The average American credit cardholder carries 3.5 credit cards, according to the Federal Reserve Bank of Boston's 2010 Survey of Consumer Payment Choice. Today, consumers use credit cards to pay for more than just large-ticket items. Everything from household items and utilities to insurance premiu...
Google may be working to let Android users make purchases using their mobile devices at retail points of sale. The company is rumored to be collaborating with MasterCard, Citigroup and VeriFone on a system based on near-field communications technology. The project would link Citigroup credit and de...
Look for an overall bigger holiday spending pie with e-commerce grabbing a bigger slice. ComScore has forecast that Internet retailers will enjoy an 11-percent gain over last year's holiday billing. The firm expects e-commerce spending to total $32.4 billion during the November-through-December peri...
Shopping continues to shift to the Web. With all the growth in e-commerce, retailers are focusing their efforts on better online merchandising, cross-channel integration and personalization to fine tune their sites for better conversion rates. In addition, many of the best e-commerce retailers are t...
Consumers will spend $237 billion on online purchases in the United States alone in 2010, Javelin Strategy & Research predicts. That's almost 15 percent more than in 2009. Online retail is also growing globally. MasterCard announced a global agreement with cross-border e-commerce shopping firm B...
While financial cybercrime against card-not-present retailers has many forms, "friendly fraud" has emerged as a particularly painful thorn in the side of e-commerce merchants. Defined as a situation in which a customer disputes a legitimate credit card transaction, falsely claiming fraud or non-del...
In March, Visa announced that it was removing Heartland and RBS WorldPay, two credit card processors that had experienced major data breaches in the prior months, from its list of PCI-compliant companies. The action is seen by many in the industry as being mainly for show, but the removal of the pro...
If you're buying anything online anytime soon, you better charge it. MasterCard, Visa, American Express -- take your pick -- but don't hit the virtual checkout lane without your bank-protected plastic in hand. "Use a credit card for maximum protection against money theft online," attorney Mari Frank...
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I can't tell when apps use AI
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