Payment fraud moves to Internet in Europe, says Commission

Despite recent efforts to clamp down on electronic payments fraud, the crime is still rife and is undermining citizens' confidence in buying and selling over the internet, the European Commission said Monday. ...continue reading 'Payment fraud moves to Internet in Europe, says Commission'

EBay files governance lawsuit against Craigslist

EBay has filed a lawsuit alleging that some changes made by Craigslist's board of directors have diluted eBay's investment in the online classified site. ...continue reading 'EBay files governance lawsuit against Craigslist'

PayPal to block users with old browsers to curtail phishing

PayPal, eBay's electronic payment service, plans to take the dramatic step of locking out people using older versions of Web browsers in order to stem phishing attacks. ...continue reading 'PayPal to block users with old browsers to curtail phishing'

EBay to take over affiliate program's management

EBay will soon take over management of the affiliate programs for its core marketplace and for its Half.com site from ValueClick in the hopes that it can operate them more efficiently. ...continue reading 'EBay to take over affiliate program's management'

EBay settles patent dispute with MercExchange

EBay has settled a patent dispute with MercExchange that in 2006 was heard by the U.S. Supreme Court, which sided with the online auction house in what is considered to be an important ruling on intellectual property. ...continue reading 'EBay settles patent dispute with MercExchange'

eBay sellers split on changes

The significant changes that eBay announced last week have merchants abuzz as they analyze and react to the impact that the restructured fees, modification of the search and feedback functions, and other changes will have on their sales and profits. ...continue reading 'eBay sellers split on changes'

EBay unveils lower fees and tighter seller standards

EBay unveiled changes to its online marketplace Tuesday that the company characterizes as sweeping and historic and that are aimed at boosting sales by making the shopping experience simpler and safer. ...continue reading 'EBay unveils lower fees and tighter seller standards'

EBay to unveil lower fees and tighter seller standards

EBay is expected to unveil changes to its online marketplace Tuesday that the company characterizes as sweeping and historic and that are aimed at boosting sales by making the shopping experience simpler and safer. ...continue reading 'EBay to unveil lower fees and tighter seller standards'

PayPal buys Fraud Sciences for $169M

EBay's online payments division, PayPal, will pay $169 million for an Israeli security company specializing in detecting online fraud, the companies said Monday. The deal should close within 30 days. ...continue reading 'PayPal buys Fraud Sciences for $169M'

Sears puts customers' buying histories on the Web

Sears Holdings has come under fire from privacy advocates for making the purchase history of its customers publicly available on its Managemyhome.com Web site. ...continue reading 'Sears puts customers' buying histories on the Web'

FTC charges payment company in $200M fraud

The Federal Trade Commission has filed charges against a payment processing company, accusing it of attempting to debit consumers' bank accounts for up to $200 million on behalf of dishonest merchants. ...continue reading 'FTC charges payment company in $200M fraud'

Nokia invests in contactless communications company

Nokia Growth Partners, the private equity and venture capital arm of Nokia, led a $38 million round of investments in Inside Contactless, the fabless semiconductor company that makes contactless chip platforms. Nokia did not reveal how much of the investment it contributed. ...continue reading 'Nokia invests in contactless communications company'