Digital Transactions Authoritative, insightful and timely information for payments professionals
• Forty-seven states and the District of Columbia reached an $18.5 million settlement with Target Corp. over its 2013 data breach, the Illinois Attorney Generals office announced. The breach affected more than 41 million payment card accounts and the contact information for more than 60 million consumers, the attorney general press release said. Among the stipulations is that Target have an information-security program and hire an independent third party to conduct a security assessment.
• Users of Squirrel Systems’ hospitality point-of-sale system can also use merchant processor Cayan’s Genius payment platform under a new agreement between the companies.
• Vending-machine payments specialist USA Technologies Inc. announced a five-year agreement that includes supplying almost 9,000 of its ePort cashless-payment devices to Five Star Food Service, a deployer of vending and office-refreshment services.
• Raise, which operates an online marketplace for gift cards that includes more than 300 retail partners and 3,000 brands, has launched a mobile wallet to allow consumers to use the cards both in-store and online.
• IT professionals are looking forward to self-checkout technology more than any other retail technology, according to a survey conducted by technology-infrastructure services company CompuCom Systems Inc. Some 43% cited self-checkout, beating out personalized signage, shopping screens, and other tech. The cross-industry online survey canvassed 694 IT pros between Feb. 24 and May 9.
• Harland Clarke Holdings Corp. has completed its acquisition of RetailMeNot Inc., a platform that allows consumers to find digital offers while shopping or dining.
• A FICO survey of information-security executives found that 87% expect an increase in attempted breaches at financial-services companies in the next year.
• Point-of-sale system developer Appetize said 10 college campuses joined its roster of users in 2017.
• NXT-ID Inc., a mobile-security provider, announced the closing of its acquisition of Fit Pay Inc., a provider of payment-credential management.
• IPS Group Inc., a parking-meter operator, launched the Park Smarter mobile-payment app.
