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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.



Android Pay Vs. Apple Pay: Google Has Advantages, But Business Deals Will Win Battle
May. 29, 2015 - By John Stewart With Google Inc.’s announcement of Android Pay Thursday, the first major direct rival to ...

Federal Court Orders Defendants in Newtek Case To Pay $1.7 Million Fine to FTC
May. 28, 2015 - By Kevin Woodward Already found liable for its role in a telemarketing scheme that defrauded consumers, Universal Processing Services of...

Google’s Android Pay Debuts as an Apple Pay Fighter While Wallet Takes a Back Seat
May. 28, 2015 - By Kevin Woodward Google Inc. is betting its latest mobile payments incarnation—Android Pay—will work better than Google Wallet did....

Discover To Beef Up Its Anti-Money Laundering Procedures Under Fed Pact
May. 28, 2015 - By Jim Daly Discover Financial Services disclosed Thursday that it will enhance its company-wide anti-money laundering procedures under an agreement it sig...

TSYS And Pax Look To Simplify EMV Compliance Within Merchants’ POS Systems
May. 27, 2015 - By Kevin Woodward Migrating point-of-sale systems to the EMV chip card standard is as much a herculean task as swapping out countertop P...

Superstar Names Add Luster for Xapo And Bitcoin—But Will It Matter in the Long Run?
May. 27, 2015 - By John Stewart Few tactics lend instant credibility like adding heavy-hitter names to a company’s board. On Wednesday, the 5-year-old...

Mobile Devices for Remote Capture Leave Scanners in the Rear-View Mirror
May. 27, 2015 - By Jim Daly The use of smart phones and tablet computers to photograph and deposit checks through online-banking apps surpassed scanner-based remote deposi...

Payments Competition Will Likely Stunt Postal Service’s Search for New Revenue
May. 26, 2015 - By Kevin Woodward The U.S. Postal Service could generate as much as $1.1 billion in additional annual revenue after five years if it exp...

Payments Executives See Mobile Wallets as Disruptive, but Also as Opportunities
May. 26, 2015 - By Jim Daly Carrying out business as usual is becoming harder to do as the payments business tries to adapt to new technologies. Asked at a recent San Fran...

MasterCard Issuers Reject Proposed Settlement for Target Data-Breach Losses
May. 22, 2015 - By Jim Daly A proposed $19 million settlement forged by MasterCard Inc. and retailer Target Corp. to compensate MasterCard issuers for fraud and other expe...

Bitcoin-Accepting Sellers Point to Multiple Benefits From Early Experience
May. 22, 2015 - By Kevin Woodward In a time when consumers are using multiple ways—smart phones, tablets, stores, and Web sites—to shop, they are also usi...

How Statement Scrutiny and Consumer Choices Could Yield Payment Savings
May. 21, 2015 - By Kevin Woodward Merchants, whether they sell online or in stores, consistently have one bugaboo about their payment-processing service: They want it to be cheaper. ...

Virtual-Currency Observers Assess the Legacy of New York’s Departing Financial Boss
May. 21, 2015 - By Jim Daly Payments executives today are trying to assess the legacy of Benjamin Lawsky, New York State’s controversial top financial regulator who proposed the first reg...

PayPal Opens One Touch Checkout to Any User, With Or Without the PayPal App
May. 21, 2015 - By John Stewart With the rapid spread of commerce on mobile devices, a key problem for merchants is getting customers to follow thro...

A Cut in a Controversial ACH Fee Pleases Big-Box Retailer Group, But a Bank Shrugs
May. 20, 2015 - By John Stewart The reduced interbank fee of 5.2 cents contained in the ...



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