In every country that has migrated to chip-embedded EMV cards, instances of fraud shifted to the online channel, which holds considerably weaker authentication protocols.
Small Business Matters
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Natalie Gagliordi is a staff writer for CBS Interactive based in Louisville, Kentucky, covering business technology for ZDNet. She previously worked as the editor of Kiosk Marketplace, an online B2B trade publication that focused on interactive self-service technology, while also contributing to additional websites that covered retail technology, digital signage hardware and mobile payment trends. Natalie attended George Washington University, where she studied communication sciences, and also the University of South Florida, where she received a B.A. in News-Editorial Journalism.
MasterCard is pitching the service to businesses as a way to reimburse customers or disburse funds from insurance claims, rebates, e-marketplace payouts, social benefits and tax refunds.
Intuit says roughly 25 percent of its QuickBooks Online users report using PayPal in their accounts.
Square says Victory Park Capital has tripled its investment in the Square Capital program, which offers cash advances to small merchants actively using Square's platform.
Bigcommerce says brands such as Samsung, Gibson, Marvel and Schwinn have been using the cloud-hosted enterprise platform since last year.
Watson Analytics Professional also comes with connectors to cloud storage providers Box and Dropbox.
GoDaddy hopes to expand its reach with SMBs by targeting web and design professionals with a tailored managed service.
The newly minted public company now has an additional 200,000 premium domain names to offer users of its small merchant web hosting service.
Shopify has filed an F-1 form with the US Securities and Exchange Commission and a preliminary prospectus with the regulatory authorities in each of the provinces and territories of Canada.
By combining the two food delivery services, Square has created Caviar Fastbite, an upscale food delivery service that promises to bring curated dishes to hungry San Franciscans in as little as 10 minutes.
Square Cash is now open to small businesses via Cash Pro, which is powered by a new product called a $Cashtag (dollar sign included).
Amazon says it is no longer accepting new sellers into its ecommerce platform service, which has been steadily losing out to the competition.
According to disclosures in its regulatory filing, the company lost $143 million last year and hasn't turned a profit since 2009.
With quick promote, small businesses using Twitter's analytics dashboard can pick their best performing tweets and have them automatically targeted to the most relevant audience.
Small business sellers using Stitch will now be able to to add Magento as a sales channel, and to sync inventory with other channels such as Amazon and Square.