Friday , November 15, 2024

Search Results for: store cards

Android Exec: Beyond Infrastructure, Mobile Wallets Must Provide Value To Succeed

By Jim Daly@DTPaymentNews Mobile wallets eventually will get the contactless terminals and other infrastructure they need to attract consumers, according to an executive with Alphabet Inc.’s Android Pay. Their ultimate success, however, will depend on the value they offer merchants and consumers. “It’s still all about value creation,” Jack Connors, …

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Eye on Prepaid: Gift Card Loads Fall; Dunkin’ Donuts Loyalty Program Hits Milestone

By Jim Daly@DTPaymentNews Dollars loaded onto closed-loop gift cards fell 9% in 2015, according to new research from Mercator Advisory Group Inc. But one major prepaid card issuer, Dunkin’ Brands Group Inc., franchisor of Dunkin’ Donuts and Baskin Robbins stores, reports that its DD Perks loyalty program now has more …

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Eye on Card Security: Two More Hotel Chains Report Data Breaches

By Jim Daly@DTPaymentNews Two hotel and resort chains this week reported apparent data breaches involving payment cards used at their locations. These latest compromises come less than two weeks after compromise occurred between early March and mid-June. Millennium, which has 14 luxury or boutique U.S. properties, isolated and then took …

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Visa And MasterCard Deny Home Depot’s Claims But Shed No Light on Disputed Fees

By Jim Daly@DTPaymentNews In new court filings, Visa Inc. and MasterCard Inc. are denying the antitrust allegations that The Home Depot Inc. leveled against them in a June lawsuit. That’s no surprise, but the networks’ responses leave some arcane network fees shrouded in mystery. Visa and MasterCard filed answers to …

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Eddie Bauer Discloses POS Breach and other Digital Transactions News briefs

• Apparel retailer Eddie Bauer LLC said payment cards used at its more than 350 U.S. and Canadian stores from Jan. 2 to July 17 may have been compromised by malware placed on its point-of-sale systems, KrebsOnSecurity.com reported. The malware has been removed; Eddie Bauer said the “intrusion was part …

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Eye on Mobile Payments: Chase Pay Snags Phillips 66; Report Decries Wallets’ Value Void

JPMorgan Chase Co.’s Chase Pay mobile wallet, probably the most ambitious bank-operated U.S. mobile-payments service, on Wednesday announced it has signed up Phillips 66 Co., which sells gasoline under the Phillips 66, Conoco, and 76 brands, and will accept Chase Pay at its pumps and in its stores. No date …

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Wargaming Uses RedD Shield and other Digital Transactions News briefs

• KeyBank announced it is supporting the Masterpass digital wallet from MasterCard Inc., which recently revamped Masterpass to stress in-store payments. • Wargaming, an online-games producer, has deployed the ReD Shield anti-fraud system from ACI Worldwide throughout Europe and now plans to deploy it globally. • WesBanco Bank Inc. will instantly issue …

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UnionPay’s QuickPass Mobile-Payments Service Makes Its North American Debut in Canada

By Kevin Woodward@DTPaymentNews UnionPay International’s QuickPass mobile-payments service made its North American debut with acceptance initiated in Canada, the company, a unit of China UnionPay, announced Tuesday. Consumers can use their UnionPay QuickPass cards, equipped with a contactless chip, or a card loaded into a mobile wallet, at contactless payment …

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Eye on Security: Malware Planted in HEI Hotels and Micros POS Systems

By Jim Daly@DTPaymentNews HEI Hotels & Resorts disclosed Friday that malware on point-of-sale systems may have captured payment card information at restaurants and other locations within 20 of its properties. At the same time, the payments industry is watching for clues about the extent of a compromise at Oracle Corp.’s …

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Visa Reminds Thunder Bay That It’s Still Around as Its Standoff With Wal-Mart Continues

By Jim Daly@DTPaymentNews Visa Inc. and Wal-Mart Stores Inc. say there is no news in their standoff that began July 18 with Wal-Mart kicking Visa out of its three stores in Thunder Bay, Ontario. But Visa over the past several weeks has run a marketing campaign to remind residents of …

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Digital Transactions