Digital Transactions Authoritative, insightful and timely information for payments professionals
http://www.nxtbook.com/nxtbooks/dt/201609/
September, 2016
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1 September
Stockpile Prepares to Take Its Gift Cards—And Stock Ownership—To the Retail Rack
By John Stewart @DTPaymentNews Gift card marketers have dominated the holiday season and other gift-giving occasions in recent years, but now a card is coming to thousands of those checkout-lane racks that will let budding investors buy or give away shares of stock in a favorite company.
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1 September
An Unexpected Slowdown in EMV Sales Casts a Shadow on VeriFone’s Latest Quarter
“Selling boxes is an unpredictable thing,” Paul Galant, chief executive of VeriFone Systems Inc., told stock analysts Thursday afternoon. Seldom has that been truer for terminal kingpin VeriFone than now, when an unexpected slowdown in EMV adoption by small and medium-size merchants has cut into the company’s sales and hurt …
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1 September
Boku Raises $13.75 Million in Funding and other Digital Transactions News briefs
• Hotel operator Kimpton Hotels & Restaurants said its point-of-sale system at several of its properties was breached earlier this year, from Feb. 16 through July 7. Kimpton began its investigation after receiving a report on July 15 of unauthorized charges after consumers used their cards at the restaurant in …
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1 September
Behind the Rise in Debit Fraud
The fraud bug struck debit card issuers last year, and the illness spared neither signature nor PIN-based varieties of debit. Researchers identified a big increase in skimming as part, but only one part, of the cause. According to the 2016 Debit Issuer Study commissioned by Discover Financial Services’ Pulse electronic …
August, 2016
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31 August
Stuck at a Toll Booth With No Cash Or Transponder? Now There’s an App for That
By John Stewart @DTPaymentNews For drivers passing through the Chicago area, there’s now an app that will handle payment on the 292-mile-long ribbon of toll roads snaking through 12 counties in Northern Illinois. FastToll, from a Las Vegas-based developer called Pragmistic LLC, arrives just ahead of the Labor Day weekend, …
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31 August
What Value Does Your ISO Agent Program Provide?
ISO Agents look at a number of different criteria when evaluating which agent program that they should ultimately establish a sales relationship with. There are many factors to be considered beyond just residual splits; from support to equipment & processing alternatives; the considerations can be daunting. The options …
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31 August
Extreme Tix Debuts App and other Digital Transactions News briefs
• Mobile-ticketing platform Atom Tickets announced its app now works with 200 more theaters in 40 new markets across the country, including San Francisco, Seattle, Portland, Ore., Denver, and Sacramento. Partners include AMC Theaters, Regal Cinemas, and Studio Movie Grill. • In related news, mobile-ticketing specialist ExtremeTix Inc. introduced a …
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31 August
Some Folks See EMV as a Curse, but Others See a Blessing
By Jim Daly @DTPaymentNews If there’s one thing about EMV chip card payments that always works, it’s their ability to elicit strong feelings from those in the payments industry. It happened once again on Wednesday, when attendees at the Mobile Payments Conference 2016 in Chicago met for a closing panel …
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30 August
Reduced ‘Friction’ Expected to Propel Online, In-App Sales on Apple Pay, Android Pay
By Kevin Woodward@DTPaymentNews Consumers will use Apple Pay and Alphabet Inc.’s Android Pay online and in-app to make $8 billion in payments for digital and physical goods by 2018, almost 15 times more than the $540 million forecast for 2016, according to Juniper Research, a U.K.-based research firm. Juniper released …
