The World Wide Web Consortium is working to further secure online payments in browsers with a new technology that works alongside other payment services like Apple Pay, Google Pay, and more.W3C announces a standard for secure online paymentsKnown as Secure Payment Confirmation (SPC), it allows various entities like merchants, banks, payment service providers, and card networks to reduce the obstacles associated with strong customer authentication (SCA) and generate cryptographic proof of user consent. These factors are crucial in meeting regulatory obligations such as Europe's Payment Services Directive (PSD2). Read more...

The World Wide Web Consortium is working to further secure online payments in browsers with a new technology that works alongside other payment services like Apple Pay, Google Pay, and more.W3C announces a standard for secure online paymentsKnown as Secure Payment Confirmation (SPC), it allows various entities like merchants, banks, payment service providers, and card networks to reduce the obstacles associated with strong customer authentication (SCA) and generate cryptographic proof of user consent. These factors are crucial in meeting regulatory obligations such as Europe's Payment Services Directive (PSD2). Read more...

Luxury company LVMH today announced that Tap to Pay on iPhone will be available at select Sephora, Louis Vuitton, Tiffany & Co., Celine, and Dior stores in the U.S. later this year. The feature will allow customers to tap their iPhone or Apple Watch, credit card, or other contactless payment option on the store employee's iPhone, and the payment will be securely completed using the same NFC technology behind Apple Pay. Launched in 2022, Tap to Pay on iPhone allows for iPhone-to-iPhone contactless payments, with no additional point-of-sale hardware from companies like Square or Clover required. The feature is also available in Australia and Taiwan. LVMH said offering Tap to Pay on iPhone is part of its efforts to ensure…

Sonos has revealed plans to lay off 7% of its workforce, and downsize its real estate presence, as the latest tech company to eliminate jobs.Sonos announces layoffsThe company, which specializes in designing and manufacturing smart speakers and audio products, announced the layoffs in a filing with the SEC, according to Seeking Alpha. The process of eliminating positions must comply with specific legal obligations and consultation requirements in particular countries. Read more...

Sonos has revealed plans to lay off 7% of its workforce, and downsize its real estate presence, as the latest tech company to eliminate jobs.Sonos announces layoffsThe company, which specializes in designing and manufacturing smart speakers and audio products, announced the layoffs in a filing with the SEC, according to Seeking Alpha. The process of eliminating positions must comply with specific legal obligations and consultation requirements in particular countries. Read more...

Sonos has revealed plans to lay off 7% of its workforce, and downsize its real estate presence, as the latest tech company to eliminate jobs.Sonos announces layoffsThe company, which specializes in designing and manufacturing smart speakers and audio products, announced the layoffs in a filing with the SEC, according to Seeking Alpha. The process of eliminating positions must comply with specific legal obligations and consultation requirements in particular countries. Read more...