Winn-Dixie Stores Inc. is investigating a network glitch that caused “duplicate postings” Tuesday of debit card transactions secured by personal identification numbers at its stores, according to company representatives. The Jacksonville, Fla.-based supermarket chain, which operates 1,070 stores across 12 states in the Southeast, says the problem occurred from late …

TNS Inc. has acquired the primary asset of U.S. Wireless Data Inc., which in March filed for bankruptcy protection. Reston, Va.-based TNS, formerly Transaction Network Services, says its acquisition of New York-based U.S. Wireless Data's Synapse point-of-sale processing system strengthens the company's efforts to build its business in emerging transaction …

Vendors in the ATM industry are beginning to move ahead with systems that would allow machine owners to remotely install and manage encryption keys mandated by a new security standard set by the bank card networks. The introduction of solutions for remote administration of Triple DES keys comes even as …

Demand from corporate clients?combined with a deadline that's only five months away–is a major factor pushing banks into check imaging, according to a top executive with one major supplier of check-processing software. Although many banks are poised to begin accepting so-called image replacement documents when the Check Clearing for the …

The criminal activity known as phishing soared to new heights last month, according to statistics released today by the Anti-Phishing Working Group. The consortium of Internet companies and law-enforcement agencies reported that the number of unique phishing incidents recorded by the group rose 180% to 1,125 in April, more than …

Deploring the extent to which banks have turned over key functions in consumer payments to non-bank companies, a leading figure in the payments industry on Thursday called on banks to “seize back” leadership in the industry. In a keynote address delivered at the Bank Administration Institute's TransPay trade show in …

Viewpointe Archive Services LLC announced this week it will begin sharing check images among banks participating in its image-exchange in September. The company has worked out a tentative pricing schedule and is working on systems to perform such value-added functions as checking image quality and translating images from one bank's …

With rising transaction costs leading many retailers to look at the automated clearing house as a less expensive form of electronic payment, at least one leading bank executive is publicly throwing cold water on the concept of proprietary retail debit cards based on the ACH. Jonathan Wilk, senior vice president …

Fiserv Inc. expects to do a major business in the new substitute check instrument that has been created by the Check Clearing for the 21st Century Act (Check 21)?so much so that it is entering into agreements with a software company and an air carrier to deliver and process potentially …

PayPal may be getting close to processing payments for online song downloads, but it's not likely to be moving more broadly into micropayments any time soon. The San Jose, Calif.-based payment-processing unit of online auctioneer eBay Inc. finished adding functionality to its system last month to handle song payments and …