Friday , February 7, 2025

Fraud & Security

Cannabis Payment App Debuts and other Digital Transactions News briefs from 1/9/19

CannaTrac, a cashless-payment service for the cannabis industry, released the CannaCard App, a mobile-payment service that enables users to upload funds from a checking account, debit card, or cash at select partner locations. A 95-cent fee applies to each funds loading. The app, available for Android and iOS devices, is …

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BlueSnap Integrates Google Pay and other Digital Transactions News briefs from 1/7/19

Payments provider BlueSnap said it has integrated Google Pay into its platform for payments from online, mobile checkout, marketplaces, invoices, and virtual terminals. In related news, cross-border payments provider Flow also announced it is adopting Google Pay as payment option. Mobile-parking app provider ParkWhiz Inc. has rebranded itself as Arrive Inc. FICO said it has been awarded five …

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Marriott Updates Breach Numbers, Says 354,000 Unexpired Cards Compromised

Hotel operator and franchisor Marriott International Inc. reported Friday that 8.6 million encrypted payment card records were compromised in the big data breach it disclosed Nov. 30. Of those, 354,000 cards were unexpired. The card statistics are included in an update Bethesda, Md.-based Marriott issued about the breach of the …

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A Look Back at 2018’s 10 Most Popular Digital Transactions Posts

Fraud, acquisitions, and interchange dominated the top 10 list of news articles posted to DigitalTransactions.net in 2018. Starting with a $6.2 billion pact between Visa Inc. and Mastercard Inc., on one hand, and defendant banks, on the other, stemming from 13-year-old litigation over credit card interchange, to American Express Co.’s …

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All States Now Have Breach-Notification Laws and other Digital Transactions News briefs from 1/2/19

With the enactment of data-breach notification laws in South Dakota and Alabama in 2018, all 50 states now have such laws, according to the Covington & Burling LLP law firm. Financial-institution processor Fiserv Inc. said the newly chartered Mi Bank in Bloomfield Township, Mich., will use a variety of Fiserv …

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USAT Lands Contactless Vending Contract and other Digital Transactions News briefs from 12/21/18

Pepsi-Cola of the Hudson Valley reached an agreement  with USA Technologies Inc. to install contactless-payment capability on 300 vending machines and to upgrade payment devices on another 1,000 machines already linked to USAT’s ePort Connect Service. Merchant processor Square Inc. agreed to lease an entire 356,000-square-foot building in Oakland, Calif., where …

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Click2Gov Payment Application for Municipalities Cited in 47 Data Breaches

Click2Gov, a software application popular among municipalities for processing online payments of utility bills and fees, has been compromised in 46 U.S. cities and one Canadian location, according to an analysis released this week by Gemini Advisory. The New York City-based data-security firm estimates 294,929 payment card records have been …

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It’s the Holiday Season, But Fresh Data Shows How Fraudsters Work Online Year-Round

Online merchants expect to battle fraud with added vigor during the holiday-season shopping frenzy. But now data released this week shows how fraud losses, and the costs of managing fraud, plague these merchants year-round. On average, e-commerce merchants sustained 142 successful fraud transactions each month this year, up 12% from …

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Extend Joins Visa Ready Program and other Digital Transactions News briefs from 12/18/18

Atom Tickets released a skill for Amazon Alexa, the retailer’s voice-assistant technology. Users can learn what movies are playing nearby and buy tickets using voice commands. The skill is integrated with Amazon Pay. Extend, a digital distribution platform for credit cards, registered with the Visa Ready program for business solutions, …

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Eye on Security: Oversight of Payment Software To Change Under PCI Council Plan; EMVCo Updates 3-D Secure

Oversight of payment-processing software will change under detailed plans announced by the PCI Security Standards Council. In related news, the EMVCo standards body announced an update to its 3-D Secure standard for protecting card-not-present transactions. In a Friday blog post, the PCI Council said its pending PCI Secure Software Standard …

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Digital Transactions