Tuesday , November 12, 2024

Kevin Woodward

Kevin's role at Digital Transactions is to write news and features stories for publication on the Web site and in the magazine. He also oversees the digital editorial aspect of the site and the Digital Transactions News daily newsletter.

Sephora Loyalty Members Can Now Use Paze Checkout

Paze, the online checkout service from Early Warning Services LLC, says consumers that belong to the Sephora loyalty program can now use it to pay for transactions on the retailer’s Web site. Backed by some of the nation’s largest banks, Paze is an expedited checkout service that includes addresses and …

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The CFPB Reviews Cash Back at the Point of Sale Amid Concerns of Reduced Access to Cash

Retailers providing cash-back services at the point of sale fill a void for many consumers who may live in so-called banking deserts, the Consumer Financial Protection Bureau says in a new report on the service. Some, however, charge a fee for that access, along with other banking hurdles. The Cash-back …

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TrustCommerce’s Cloud Payments Targets Easier Health Care Payments

TrustCommerce says the first client to use its Cloud Payments integration with Epic Systems Corp.’s health-care software for card-present payments is now live. Chicago-based TrustCommerce says The Ohio State University Wexner Medical Center is the first to use its Cloud Payments integration. Cloud Payments uses Android-based point-of-sale devices from PAX …

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A New Fraud Tool Clusters Attack Patterns Across Industries

The ever-shifting attacks from online criminals has prompted Sift to launch ThreatClusters, a tool to detect similar fraud patterns across industries to better identify risk patterns. San Francisco-based Sift says traditional fraud-detection models too narrowly focus on a single organization’s data or apply insights too broadly across diverse industries. It …

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Ransomware Demands Averaged $1.6 Million in Second Quarter, a New Report Says

Ransomware is a sobering item on every organization’s list of things to worry about. New data shows it might be more problematic than ever as the average ransomware demand reached $1,571,667 in the second quarter, more than double the average in the first quarter, according to “Q2 2024 Cyber Threat …

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PayPal Lines up Adyen as a Fastlane Checkout Provider

Having just launched earlier this month, PayPal Holdings Inc.’s Fastlane checkout has lined up processor and competitor Adyen NV as a partner. Designed to accelerate guest checkout flows, Fastlane is meant to help e-commerce retailers boost their conversion rates. Reducing friction in the guest-checkout process can help boost conversion rates for e-commerce …

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With Little Fanfare, Apple Will Make Its Secure Element Available to U.S. Developers

U.S. third-party developers soon will have new capabilities to access the secure element piece of Apple Inc.’s iPhone when iOS 18.1 eventually is released, a move that could herald further app development and cement Apple’s position among mobile-wallet providers. Apple, without fanfare, revealed this long-desired access Thursday in a simple …

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Eye on Fraud: Most Say AI Will Make Fraud Worse; ClearSale’s New Fraud Prevention Tools

It’s early days for artificial intelligence use, but already most consumers—74%—are concerned it could be used to advance further fraud attacks. That’s the word from risk-management provider Abrigo in its latest survey. In related news, ClearSale launched a suite of tools to help retailers counter online fraud. Fraud worries are …

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Most Consumers Use a Tech-Based Mobile Wallet as Retailer Ones Lag

Mobile wallets vie for consumer attention, but tech-based ones are most favored as 54% of credit cardholders use one of the big three—Apple Pay, Google Wallet, or Samsung Pay—finds new research from Auriemma Group. Tracked by the New York City-based advisory firm since 2016 in its Mobile Pay Tracker, mobile …

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Eye on POS Technology: Grocer Adopts Instacart Smart Cart; Stinker Picks NCR Voyix

Another grocery chain is adding Caper smart shopping carts to its store, Instacart announced. Meanwhile, convenience-store chain Stinker Stores has adopted point-of-sale technology from NCR Voyix. San Francisco-based Instacart says Davis Food & Drug, which operates three stores in Utah, will replace most of its traditional shopping carts with Caper …

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