E-Commerce Minute

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E-Commerce Minute: Friday -- March 6, 2015

The E-Commerce Times -- E-Business Means Business
http://www.ecommercetimes.com
Part of the ECT News Network



Headline Scan
Capitalizing on the Cloud
Nextdoor Snags $110M for Community-Building Efforts
We Done Good, Consumer Protection Chief Tells Lawmakers
What Corning's Gorilla Glass 4 Says About Survival
Apple Pay Cybercrime Burns Banks

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Today's Story Highlights

Capitalizing on the Cloud
I've been traversing North America keynoting a series of cloud events
hosted by Oracle. At every stop of the roadshow my comments regarding
the opportunity to transform traditional product businesses into
powerful information services via cloud-based alternatives has generated
the greatest interest among enterprise decision-makers and software
developers alike.
http://www.ecommercetimes.com/story/81775.html

Nextdoor Snags $110M for Community-Building Efforts
Nextdoor on Wednesday announced it has received $110 million in venture
capital to grow its neighborhood-based network of residents and vendors.
Nextdoor plans to use the money to develop additional ways for members
to benefit from the recommendations shared on the social network.
"People don't know their neighbors -- but we are changing that," said
spokesperson Jennifer Burke.
http://www.ecommercetimes.com/story/81785.html

We Done Good, Consumer Protection Chief Tells Lawmakers
The U.S. Consumer Financial Protection Bureau has made great strides in
carrying out its mission, which is to ensure consumers are fairly
treated in the financial marketplace, Director Richard Cordray said
Tuesday at a House Financial Services hearing. The bureau's qualified
mortgage rule put new measures in place to prevent the sloppy
underwriting that led to the subprime mortgage problem.
http://www.ecommercetimes.com/story/81786.html

What Corning's Gorilla Glass 4 Says About Survival
Corning Gorilla Glass, which resists scratches and breakage, is the
leader in providing the protective layer on smartphone screens. For a
while, it appeared as though Sapphire might pose a threat, but no more.
In the meantime, Corning has introduced Gorilla Glass 4, which is the
best to date. Every Apple iPhone and every Samsung Galaxy phone uses
Corning Gorilla Glass.
http://www.ecommercetimes.com/story/81782.html

Apple Pay Cybercrime Burns Banks
Identity thieves are using Apple Pay to defraud banks of what could
amount to millions of dollars. Due to weak authentication procedures at
the institutions issuing the cards, fraudsters are able to use stolen
cards to make purchases through Apple Pay. Before cards can be added to
Apple Pay, they must be approved by the card issuer. Criminals are
finding that process easy to game.
http://www.ecommercetimes.com/story/81779.html

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