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Resilience is Key as Payments Acceptance becomes Mission-Critical

Retail TouchPoints

Cards have become by far the most popular payment method, with contactless now accounting for most purchases made at retail stores. European retailers are increasingly turning to Account-to-Account and Open Banking payment options as a way to increase resilience.

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AT&T Resets Account Passcodes After Big Leak of Millions of Customer Records Online

Retail Wire

The telecommunications giant AT&T is resetting millions of customer account passcodes due to a huge leak of records online earlier this month.

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Woolworths says MyDeal data breach impacted 2.2 million customers

Inside Retail

Woolworths said it does not store payment details, driver’s licence or passport details and no customer account passwords or payment details have been compromised. . million customers, only email addresses were accessed. . Woolworths Group owns 80 per cent of MyDeal, an online marketplace.

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Retailers can Capitalize on Growing Market by Addressing Smart Home Consumer Priorities and Concerns

Retail TouchPoints

Thole has deep and broad wireless carrier experience supported by a long history in the telecommunications industry performing across diverse roles spanning finance, sales, technology and operations, before settling into his passion area of Product Management for the last 20+ years.

Consumer 147
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Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

The issue with this is that both retailers and customers have to have accounts set up in the same exchange platform. There are already a few platforms that accept crypto payments, including Bitpay and Coinbase. But for now there are very few alternatives that aren’t third-party hybrid providers.

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Mastercard is getting rid of credit card numbers. Cards themselves may be next

Inside Retail

So-called card-not-present fraud , where an offender processes an unauthorised transaction without having the card in their physical possession, accounts for 92 per cent of all card fraud in Australia. For example, the 2022 Optus data breach exposed information from customers who had previously held accounts with the telco back in 2018.

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Disconnected: Optus takeover talks conclude

Inside Retail

Singapore Telecommunications (Singtel), Southeast Asia’s largest telecom operator, reiterated on Wednesday that there was no “impending deal” to divest its Australian telecom unit Optus. Singtel’s Singaporean operations and Optus account for half of its business, according to its annual report.