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NEWS




Here are the latest stories from Digital Transactions News. For access to all stories published in the newsletter since its inception, you are invited to visit our Archive.



Reduction in ID-Fraud Losses Surpasses Decrease in Fraud Victims, Study Finds
Mar. 4, 2015 - By Jim Daly Some 12.7 million Americans fell victim to identity fraud last year, a big number but down 3% from 13.1 million in 2013, according to Javelin S...

Synchrony Financial, U.S. Bank Become Early Samsung Pay Backers
Mar. 3, 2015 - By Kevin Woodward Consumers holding credit cards issued by private-label card issuer Synchrony Financial and credit and debit cards issued by U.S. Bank wil...

Apple Pay Is Helping Sell Phones And Drive Transactions, But With Caveats
Mar. 3, 2015 - By John Stewart When Apple Inc. launched its Apple Pay mobile-payments service in October, the computing giant hoped the new wallet woul...

For $95 a Year, Stratos Promises Ease of Use as a Consolidated Card Service
Mar. 3, 2015 - By Kevin Woodward Consumers wielding multiple credit and debit cards in their wallets have yet another service to use to consolidate them into one electron...

Costco’s Post-AmEx Credit Card Plans Include Visa but Exclude MasterCard
Mar. 2, 2015 - By Jim Daly The big warehouse retailer Costco Wholesale Corp. announced Monday an agreement with Citigroup Inc. to replace its current c...

A Rumor No More, Samsung Pay To Debut This Summer Using LoopPay Technology
Mar. 2, 2015 - By Kevin Woodward Samsung Electronics Co. Ltd. is joining the mobile-wallet and payments fray with its expected launch this summer of Samsung Pay, a servic...

Paydiant Could Provide PayPal With the Elusive Key to the Point of Sale
Mar. 2, 2015 - By Jim Daly When it comes to general-purpose mobile payments, PayPal Inc. is far and away the leader, having posted $46 billion in mobil...

After Investment and Licensing Trials, Visa To Buy TrialPay Outright
Feb. 27, 2015 - By Jim Daly Visa Inc. on Friday reported that it had signed a definitive agreement to buy privately-held TrialPay Inc., provider of an offers platform that connects merchant...

First, There Was Card on File. Now Boku Brings ‘Phone on File’ to Online Payments
Feb. 26, 2015 - By John Stewart For years, merchants like Amazon.com Inc. and Apple Inc. have streamlined online payments by letting consumers charge st...

With EMV’s Rise, Debit Card Fraud on Canada’s Interac Network Falls to a New Low
Feb. 26, 2015 - By Jim Daly Counterfeit fraud on Canada’s Interac debit cards fell 45% to a record low in 2014, and 80% of the fraud happened outside of Canada, according to new figures f...

Mass EMV Chip Card Issuance Awaits: Survey
Feb. 26, 2015 - By Kevin Woodward The deluge of EMV chip cards for the majority of U.S. consumers has yet to happen, finds a survey by ORC International Inc. ...

Using Apple And Samsung Biometric ID, Sekur Me Bids To Hike Mobile Conversion
Feb. 26, 2015 - By Kevin Woodward A new service that integrates Apple Inc.’s Touch ID and Samsung’s fingerprint-recognition technology into a single...



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