Tuesday , December 17, 2024

Many Unlikely To Use Apple’s Facial ID Tech and other Digital Transactions News briefs

  • Credit-reporting agency Equifax Inc., which disclosed a huge data breach earlier this month, also sustained an apparently separate data breach in March, according to Bloomberg News. Few details about that breach are publicly known. Meanwhile, the U.S. Department of Justice reportedly has opened a criminal investigation into the sale of Equifax stock by three company executives after Equifax learned of the big breach, which compromised 143 million credit records, in July but before it was disclosed, Bloomberg said.
  • Juniper Research says more than 40% of Apple Inc. mobile-device users in the United States consider themselves unlikely to use facial-recognition as a payment-security technology. The coming iPhone X will use Apple’s new Face ID system for authentication with contactless Apple Pay transactions. Contactless-payment users strongly prefer fingerprint sensors and voice recognition for authentication, Juniper says.
  • Merchant processor Payment Data Systems Inc. said it now supports same-day automated clearing house debit transactions, which debuted Sept. 15.
  • Processor Total System Services Inc. (TSYS) said its ProPay subsidiary has expanded its global disbursements and commissions platform to enable businesses to pay distributors, consultants, merchants, and sales teams in more than 180 countries and 130 currencies through a variety of payment methods.
  • Payments gateway BlueSnap Inc. announced it has integrated to Salesforce using AppFrontier’s Chargent payment processing platform. Merchants select BlueSnap as their gateway through Chargent.
  • Cash “has formed a durable and enduring bond with American consumers,” according to ATM network operator Cardtronics plc, which says a survey it commissioned found that consumers want choice in ways to pay, not just cashless options.
  • JPMorgan Chase & Co. and The Walt Disney Co. announced a multiyear extension by Chase Card Services of agreements to issue cobranded Visa credit and debit cards for Disney customers.

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