Digital Transactions Authoritative, insightful and timely information for payments professionals
• Former Heartland Payment Systems Inc. chief executive Bob Carr has returned to the payments industry with Beyond, a payments provider. Announced Monday, Beyond, on its Web site, says it will provide payment processing, integrated payments, lending services, and business-management services. Carr had been the leader of Heartland, which Global Payments Inc. acquired for $4.3 billion in 2016.
• So-called card testing, a tactic by which fraudsters test stolen credit card numbers by making small purchases online before trying big-value transactions, was up 200% in the first quarter compared to the same period in 2016, presaging a major jump in e-commerce fraud, according to Radial’s e-Commerce Fraud Technology Lab.
• Payments provider Electronic Payments Inc. said it completed the validation of its Exatouch point-of-sale system to the Payment Application Data Security Standard version 3.2.
• Payments-infrastructure provider Transaction Network Services Inc. has agreed to support Paymark, a payment network in New Zealand, as it seeks to introduce new point-of-sale services.
• Novera Payments Solutions LLC announced its payments services are available to users of BetterWalker, software for pet business owners.
• Mobile-payments apps such as those from Square and PayPal rank second among technology tools that help small businesses grow, according to a survey of small-business owners by Endurance International Group. Social-media tools rank first, with a 41% response, followed by the payments apps at 20%.
• Discover Financial Services and American Express Co. shared the number-one ranking among credit card brands for brand loyalty among consumers, according to an annual study by researcher Brand Keys Inc.
• Payments processor Computer Services Inc. elected technology executive Kristin Rudolph Muhlner to its board of directors.
