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Amazon’s new acquisition becomes data breach target
Cyber-thieves have found their way into Whole Foods Markets’ payment network. The natural foods grocer, which Amazon purchased for $13.7 billion in August, learned that payment card information processed at certain venues within some of its stores, such as taprooms and full table-service restaurants, has been breached. These venues use a different point-of-sale system than the company’s primary checkout systems. -
Study: Cash is still king for U.S. consumers
Despite the rise of electronic, mobile and contactless payments, physical currency remains a favored choice for consumers in the United States. This was according to “In Cash Consumers Trust. But How Do Retailers Make it Pay?,” a report from cash technology solutions provider Glory. The study is based on responses from 1,500 consumers in the U.S., U.K. and Australia.