The cybersecurity firm Gemini Advisory recently announced a large-scale data breach at Saks Fifth Avenue and its sister company Lord & Taylor, compromising 5 million credit cards. While the forensic investigation is still under way, it appears that the breach was likely caused by malware on the parent company’s point-of-sale …

Captiva MVP Restaurant Partners LLC, operator of the PDQ fast-casual chain, reported that a hacker accessed its computer system through a technology vendor’s “remote connection tool” and may have compromised an undisclosed quantity of payment card numbers, cardholder names, expiration dates, and verification values. The breach, which affected all but three …

Merchants using hospitality point-of-sale systems face a relentless onslaught by wannabe hackers coveting their payment data. What can put an end to it? Hospitality merchants, such as restaurants, bars, and entertainment venues, know that an effective point-of-sale system can help them operate their businesses better. They can glean valuable information …

Google announced that Google Pay users soon will be able to use the service to make purchases within the Chrome, Safari, and Firefox browsers. Once a card has been added to a Google Pay account, users don’t need to re-enter their payment info. If using Chrome, Google Pay can automatically …

Apple Inc. said revenue from its services, which includes Apple Pay, the App Store, Apple Music, and iCloud, surpassed $9 billion in its second quarter, besting by more than $2 billion the total a year ago. “Apple Pay continues its strong growth with active users more than doubling and transactions …

Point-of-sale integrators, help desks, and other computer-related service providers for businesses, look out—the hackers are after you. The new Global Security Report 2018 from Chicago-based Trustwave says service providers were involved in 9.5% of the 700-plus data compromises the firm investigated in 2017. In 2016, service providers played a role …

Zippy’s Restaurants said credit and debit card data, including cardholder names and numbers, may have been compromised in a “data-security incident” at its approximately two dozen locations in Hawaii between last Nov. 23 and March 29; the chain learned of the incident March 9. The Western Union Co. has added …

Netherlands-based processor Adyen reported that it generated $1.14 billion in revenue last year, up $400 million over 2016, on merchant volume of $122 billion, up 61%. Recent press reports have speculated that Adyen, which has U.S. operations headquartered in San Francisco, is considering an IPO. Shares in online marketplace eBay …

Point-of-sale terminal maker PAX Technology said processor Worldpay Inc. now supports its handheld A920 POS terminal. Ingenico Group released the Moby/C150 electronic cash register, an EMV-compatible tablet point-of-sale system. VeriFone Systems Inc. said it is using AES DUKPT, a security key management standard, in its encryption service VeriShield Total Protect, in …

It might be time to think about the future of human intervention for e-commerce transactions, especially as criminal sophistication increases exponentially. The lifeblood of any retailer is ensuring that as many valid transactions are completed as possible. E-commerce merchants, in particular, will go to great trouble to validate as many …