E-Commerce

July was a month of mixed news on the online-fraud front, as the number of unique reports of phishing attacks dropped 17% from June, to 23,670, but the population of Web sites hosting attacks ballooned 41%, to a record 14,191, according to the latest numbers from the Anti-Phishing Working Group, …

Looking to make inroads in the U.S. mobile-commerce market, Valista Ltd. has launched a hosted version of its payments-gateway product and has aimed it squarely at mobile operators hoping to cash in on the trend toward so-called off-deck transactions. The payments-software vendor, based in Dublin, Ireland, and in San Mateo, …

As an e-commerce payment system being developed for the automated clearing house nears a pilot scheduled for early next year, it may confront an old issue that sank an earlier such project: the potential for lost credit card sales online. That's according to an in-depth story on the ACH and …

Phishing hit record levels in June, according to new numbers released this week by the Anti-Phishing Working Group, though the group cautions that the increase was caused in large part by new data sources that drove up the sample size. The number of unique reports of phishing attacks hit 28,571 …

When online auction giant eBay Inc. barred Google Checkout from its marketplace, the move led to widespread industry speculation that eBay, which owns rival online payment processor PayPal, was discriminating against the weeks-old Google Inc. payment product. But a PayPal executive tells Digital Transactions News eBay's action had nothing to …

Pursuing a 2-year-old push to sell acceptance to online merchants, PayPal Inc. reached a milestone in that effort with this week's high-profile signing of bookseller Barnes & Noble Inc.'s Web site. The nation's largest bookstore chain's e-commerce operation should help the San Jose, Calif.-based online transaction processor further reduce its …

Seeking to address industry uncertainty about its guidelines on online-banking security, the Federal Financial Institutions Examination Council this week released a set of clarifications it says addresses “a representation” of questions it has received from banks, technology companies, and banking examiners. This latest document from the FFIEC, an agency that …

Against a backdrop of an increasing number of online transactions requiring manual checking by Internet merchants to control fraud, transaction-gateway provider CyberSource Corp. this week introduced a service that lets merchants pinpoint customers' locations and write business rules to control whether, in light of this information, orders should be fulfilled. …

American Express Co. cardholders paid their AmEx bills nearly 100 million times in 2005 using the Internet, Judson C. Linville, president of the New York City-based firm's U.S. Consumer Card Services Group, told analysts Wednesday. “The Web has fundamentally transformed our business in the last few years,” Linville said at …

Wireless provider Virgin Mobile USA LLC on Monday introduced a reloadable prepaid card that will allow its 4 million mostly young subscribers to pay for goods and services at stores and on the Web, pay bills, and send cash to one another. The card, a Visa-branded product Virgin calls the …