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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.



The PCI Council Updates Standards for Point-to-Point Encryption and Card Readers
Jul. 2, 2015 - By Jim Daly The PCI Security Standards Council this week updated its standards governing point-to-point data encryption (P2PE) and card-reading devices for...

Spurred by Heavier Marketing, Gift Card Loads Grew 9% in 2014, New Report Says
Jul. 1, 2015 - By John Stewart With a little more marketing oomph behind it, the gift card market rebounded in 2014 after a down year in 2013, according to a...

PayPal To Acquire Online Wire-Transfer Provider Xoom for $890 Million in Cash
Jul. 1, 2015 - By Jim Daly PayPal Inc. plans to buy online wire-transfer provider Xoom Corp. in an all-cash deal valued at $890 million, the companies announced late Wednesday. The planned...

COMMENTARY: Why I Have Only One Apple Pay Credential Loaded for Apple Watch
Jun. 30, 2015 - By Kevin Woodward There’s something off about the Apple Watch, especially when it comes to Apple Pay. It’s a ...

Facebook Enables Messenger P2P Payments Nationwide
Jun. 30, 2015 - By Kevin Woodward Social-media network Facebook Inc. says its Messenger person-to-person payments service is available nationwide beginn...

MasterCard, Google, Other Corporates Join Payments-Startup Investment Frenzy
Jun. 29, 2015 - By John Stewart While payments startups are enjoying a record flood of ...

Xoom Faces Growing Competition From PayPal and Traditional Wire-Transfer Rivals
Jun. 29, 2015 - By Jim Daly Despite its strengths, online wire-transfer provider Xoom Inc. faces increasingly tough competition from newer market entrants such as PayPal Inc., which is taki...

Eye on Security: NCR Warns of New ATM Attack Method; Breach Suspected at Theme Park
Jun. 26, 2015 - By Jim Daly Leading ATM manufacturer NCR Corp. this week issued a warning about a new variant of card skimming that gives an ATM user no clue that the machine’s card reade...

EMV Confusion Helps Lift Encryption to Top of Merchants’ Security-Tech List
Jun. 26, 2015 - By Kevin Woodward Encryption technologies, which mask sensitive card data with mathematically derived characters and numbers, appear to ...

PayPal and eBay Will Officially Go Their Separate Ways July 17
Jun. 26, 2015 - By Jim Daly Directors of online auction and e-commerce giant eBay Inc. on Friday formally approved previously announced plans to separate eBay from its big payments subsidia...

Rushing to Beat U.S. EMV Deadline, Fraudsters Push up U.K. Cross-Border Debit Loss
Jun. 26, 2015 - By John Stewart America’s tardiness in adopting EMV chip card technology has long been known to contribute to rising rates of fraud here, but now i...

With New Funding, PayRange Targets Contactless Payments in Vending Machines
Jun. 25, 2015 - By Kevin Woodward With $12 million in new funding, PayRange Inc. wants to place more of its Bluetooth-equipped dongles inside vending ma...

How Its PocketMath Deal Bolsters XpressBuy’s Push for Multiplatform Buy Buttons
Jun. 24, 2015 - By John Stewart While social networks like Facebook, Twitter, and Pinterest develop so-called buy buttons for the ads they sell, third-p...

COMMENTARY: Common Errors in Merchant Funding And How To Fix Them
Jun. 24, 2015 - By David Rubin As I see it, there are three main areas of vulnerability for merchant cash-advance (MCA) providers: ...

Canadian Parliament Report Recommends a ‘Light Touch’ in Virtual-Currency Regulation
Jun. 23, 2015 - By Jim Daly As states and national governments consider regulations for virtual currencies, a new report from a Canadian Senate committee recommends a “l...



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