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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.
Citing Fraud Risk, the FTC Seeks to Bar Telemarketers from Using Four Payment Methods
May. 23, 2013 - If the Federal Trade Commission has its way, all telemarketers will be banned from using remotely created checks and three other payment methods in any transaction...
A New Mercedes-Benz App Enables Loan Payments on Mobile Devices with Wheels
May. 22, 2013 - The U.S. finance arm of luxury car brand Mercedes-Benz is taking mobile applications beyond smart phones and tablet computers with an app the compa...
How Mobile Check Capture Is Taking a Toll on Banks’ Branch Networks
May. 22, 2013 - Mobile card acceptance with smart phones gets all the headlines in the payments business, but consumers and small businesses are increasingly using hand...
As a Key Deadline Nears, Credit Card Interchange Settlement Inspires a Raft of Rhetoric
May. 22, 2013 - The rhetoric spewing from partisans on both sides of the massive credit card interchange-litigation settlement is heating up as a major deadline in the 8-year-old ...
Google Checkout, Once a PayPal Rival, Will Shut Down in Six Months As Google Pushes Wallet
May. 21, 2013 - The nearly 7-year-old Google Checkout online payment service, once touted as a rival to PayPal, will cease operations in November, Google Inc. announced in a blog ...
LevelUp Sweetens a Merchant’s Loyalty Program And Adds NCR As a Point-of-Sale Partner
May. 21, 2013 - A plan to expand its footprint in mobile payments by offering white-label applications to merchants is quickly paying dividends for LevelUp, the mobile-payments unit of Boston-based SCVNGR Inc....
ISOs’ Authorization Costs Decline, But Other Processing Expenses Are on Their Way Up
May. 17, 2013 - Good news for independent sales organizations: authorization costs continued their long-term decline over the past two years, according to a recent industry survey. Not-so-good news...
Google Issues Flurry of Wallet News, But No Version 2.0 So Far
May. 16, 2013 - Google Inc. released a trio of announcements on Wednesday concerning its Google Wallet mobile-payments application, but even taken together these did not add up to...
Tablet-Based Launches Come with Pricing Deals to Attract Merchants
May. 15, 2013 - The nascent trend toward tablets as cash-register replacements took several big steps forward this week, as technology players and at least one processor unveiled ...
ATM Heists and Global Payments Hack Demonstrate Havoc from Processor Breaches
May. 13, 2013 - Three recent breaches at payment card processors show just how much damage such breaches can do, and provide reminders about how hacked companies do their best to ...
Google’s Decision to Ditch Its Card Adds to Search Giant’s List of Woes in Wallets
May. 13, 2013 - Google Inc.’s apparent decision to abandon its plan to launch a plastic card as part of its Google Wallet service is yet another sign of how major mobile-wallet ...
Google Wallet’s Cloudy Future Becomes Even Cloudier with the Departure of Bedier
May. 9, 2013 - Osama Bedier, vice president of Google Wallet and payments at search-engine giant Google Inc., has left the company, Google said on Thursday. Sources tell Digital Transactions News...
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