Costly Shift to New Credit Cards Won’t Fix Security Issues

Online shopping | Source: Shutterstock

New technology about to be deployed by credit card companies will require U.S. consumers to carry a new kind of card and retailers across the nation to upgrade payment terminals. But despite a price tag of $8.65 billion, the shift will address only a narrow range of security issues.

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Ferragamo CEO Sees Higher 2015 Sales After ‘Excellent’ February

Daria Werbowy for Salvatore Ferragamo spring/summer 2015 | Source: Salvatore Ferragamo

Italian luxury group Salvatore Ferragamo expects its sales to grow this year after the Chinese New Year contributed to an “excellent” performance in February, chief executive Michele Norsa said on Sunday.

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