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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.



Costco Gets a Lift by Adding Card Acceptance to Food Courts
Apr. 21, 2015 - By Jim Daly Warehouse retailer Costco Wholesale Corp. has been in the news recently because it is  replacing American Express C...

The Canadian Government Updates Its Code of Conduct for the Payments Industry
Apr. 14, 2015 - By Jim Daly Canada’s Finance Minister, Joe Oliver, on Monday issued an update to the government’s 5-year-old Code of Conduct for the...

Hotel Management Firm Finds Malware on Its POS Systems for the Second Time Since 2013
Apr. 10, 2015 - By Jim Daly White Lodging Services Corp., an independent hotel-management firm, this week announced a “suspected breach” of the poin...

Corporate Treasurers Report a Rise in Attempted Wire-Transfer Fraud; Favor Chip-and-PIN
Mar. 30, 2015 - By Jim Daly A near-doubling of attempted wire-transfer fraud and strong corporate support for the chip-and-PIN variety of EMV card payments are among the highlights of the l...

Eye on Risk: CyberSource Offers ‘What-If’ Tool; How Mobile Affects Fraud
Mar. 26, 2015 - By Kevin Woodward Merchants face relentless and ever-changing attempts to make fraudulent online transactions, but measuring the effectiveness of rules in place to counter t...

ShopKeep Buys Long-Time ISO Partner Payment Revolution To Offer Integrated Payments
Mar. 25, 2015 - By Jim Daly ShopKeep.com Inc., a provider of tablet-based point-of-sale technology, on Wednesday announced the formation of a new payments division built around its long-tim...

An AmEx Appeal Likely as Network, DoJ Still Far Apart on Anti-Steering Rules
Mar. 24, 2015 - By Jim Daly American Express Co. and the U.S. Department of Justice submitted proposals Monday for rules changes conforming to a federal judge’s ruling that AmEx’s curre...

Apple Data Indicate U.S. Contactless Payment Locations Have Nearly Tripled
Mar. 9, 2015 - By Jim Daly Apple Inc. chief executive Tim Cook said Monday that nearly 700,000 U.S. merchant locations now accept the Apple Pay mobile-payment service, compared with the ...

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...

Apple CEO Pronounces Apple Pay’s ‘First Inning’ a Success, but Gives Few Details
Jan. 27, 2015 - By Jim Daly Apple Inc. chief executive Tim Cook said Tuesday afternoon that Apple’s new Apple Pay mobile-payment service is doing well three months after its launch, but h...



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