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Search Results for: data security

Womply Launches CRM Service for SMBs and other Digital Transactions News briefs from 2/6/18

Data-services provider Womply announced Womply Engage, a customer relationship management service for small businesses that enables merchants to create and manage email marketing programs. In an effort to address data breaches in the financial-services industry, the Accredited Standards Committee X9 Inc. said it is seeking experts for an initiative to create …

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Payments 3.0: Beyond Technological Innovation

When payment volumes and values are displayed as a single graphic, some interesting patterns emerge about how we use current payment methods. Are there implications for new and future payment methods? – Debit card has the highest number of transactions but the lowest total value of those transactions. It has …

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Puttin’ on Payments

Wearables, a hot sector within the booming Internet of Things, are being outfitted with new payments technology. Will wearables generate a tide or just a trickle of new electronic payment transactions? The idea of enabling smart watches, fitness trackers, and other Internet-connected wearable devices to make contactless electronic payments is …

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PayPal Reimagines the Point of Sale

A series of partnerships with the card networks and now individual banks have positioned the online-checkout kingpin to make the leap to a mainstream digital-payments platform. Ever since PayPal Holdings Inc. was spun off from eBay Inc. in 2015, its chief executive, Dan Schulman, has not been shy about warning …

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Advocates Look to EMV Fuel Pumps And Contactless Cards for Advances in Payments Tech

The U.S. Payments Forum on Monday reported that the vast majority of large U.S. merchants now accept EMV chip cards. With the conversion to chip from the old magnetic-stripe payment technology at the point of sale now over the hump, though still far from complete, advocates are looking at fuel …

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Chenault Joins Another Board and other Digital Transactions News briefs from 1-30-18

UATP, which is owned by and provides payment processing for many of the world’s airlines, said it is now accepted for U.S. ticket purchases on Expedia, Orbitz, and Travelocity. General Catalyst announced that soon-to-retire American Express Co. chief executive Ken Chenault has joined the venture-capital firm as chairman and a …

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Discover Goes for a Ride in San Diego and other Digital Transactions News briefs from 1/29/18

The U.S. Secret Service began warning financial institutions last week about ATM “jackpotting,” in which a machine quickly spits out huge amounts of cash after being physically compromised by organized gangs and infected with a variant of malware first seen in 2013, according to KrebsOnSecurity. Hackers are especially targeting Diebold …

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Pulse Volumes Increases 19% and other Digital Transactions News briefs from 1/25/18

The Consumer Financial Protection Bureau announced changes to its controversial prepaid accounts rule and extended its effective date by one year, to April 2019. The changes will adjust error-resolution requirements for prepaid card providers and will make it easier for consumers to link credit card accounts to digital wallets, some …

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The PCI Council Announces a Standard for Software-Based PIN Entry

For decades, merchants have had to install specially designed and built devices to allow customers to enter their personal identification numbers for debit card payments. And lately, that has been the case for EMV cards, as well. But on Wednesday, that changed as the PCI Security Standards Council published a …

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