Archive

Square Reshapes Itself for Small Businesses

Square on Monday introduced two new services for small businesses: instant deposits; and protection for disputed purchases. Square, which six years ago began offering square-shaped mobile credit card readers for smartphones and tablets, has shifted its focus away from point-of-sale operations and to...

SPOTLIGHT ON SECURITY

Businesses Waste Big Bucks Fighting Phantom Cyberattacks

Businesses spend an average of $1.27 million a year chasing cyberthreats that turn out to be dead ends. That is one of the findings in a report released last week on the cost of containing malware. In a typical week, an organization can receive nearly 17,000 malware alerts, although only 19 percent ...

Isis Slips Visa, MC and AmEx Into Its Virtual Wallet

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...

Google Whips Out an E-Wallet

Google officially unveiled its e-wallet Thursday in a presentation with its partners at an event in New York. Google executives demonstrated making purchases and downloading e-coupons with the e-wallet through a Google Nexus S Android smartphone. They added that eventually consumers might even store...

OPINION

Vblocks and the Value of Collaborative Innovation

The IT industry purely loves "innovation," especially when it is steeped in a bit of controversy, and last November's announcement of Cisco, EMC and VMware's VCE coalition set enough tongues wagging to cause a minor blip in Silicon Valley's Richter scale readings. Why so? First, because the effort o...

Capellas to Steer First Data Toward E-Commerce

Michael Capellas, the former CEO of PC maker Compaq and long-distance company MCI, has been tapped to lead First Data after the payment processing firm's planned private equity buyout is completed. Kohlberg Kravis Roberts & Co. plans to complete its takeover of First Data -- valued at $29 billio...

Blackstone Snags Alliance Data for $7.8B

Private equity heavyweight the Blackstone Group is taking another publicly traded software company private. It has announced it will purchase Alliance Data Systems for $7.8 billion, including the assumption of certain debt, or $81.75 per share in cash. That is a premium of 30 percent over the $62.96...

Broadband WiFi Spreads in Latin America

Since emerging from the fringe "Free Network Movement" early in the new millennium, WiFi wireless networking technology, also known as 802.11, has moved rapidly into the mainstream. The technology has gathered many adherents involved in one aspect or another of e-commerce, from network equipment sup...

Battle of the Online Payment Systems

Credit cards remain the predominant mode of payment in e-commerce, but other online transaction methods have entered the market in recent years. According to experts, mediated payment services are particularly successful when used at online auction sites, and the clear winner in serving this mark...

Invisible Cash: The Secret Life of Online Money

In the realm of e-commerce, credit cards rule. But the distant relationship between buyer and merchant, combined with the anonymity enjoyed by potential wrongdoers, makes the processing job tougher than it would be for a brick-and-mortar purchase. That is why invisible investigators and bouncers ...

Elon Musk's Dec. 2 action to release The Twitter Files: Approve or Disapprove?
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