Thursday , November 14, 2024

Search Results for: card data

Are We There Yet?

What’s happened to the e-commerce checkout and why it isn’t easier to make a payment. Instant access is the byword for online retailers. It’s what online shoppers want all the time and what e-retailers strive to provide so their consumers can buy when they want. Epitomizing that is a frictionless …

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Whatever Happened to Encryption?

Widely touted as a potent data-masking tool, encryption has been slow to take hold in the payments industry, despite a continuing plague of data breaches. Here’s what’s going on to change that. Kmart, Arby’s, Saks Fifth Avenue, Hyatt Hotels.  Those are just some of the merchants that reported data breaches …

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Johnson Named PCI Security Standards Council Executive Director

The PCI Security Standards Council named Lance J. Johnson to the executive director position. Johnson, who had been chief operating officer at Sequent Software Inc. for the past five years and spent 20 years at Visa Inc., replaces Stephen W. Orfei, the general manager who left earlier this year after …

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BlueSnap Lands More Integrations and other Digital Transactions News briefs from 12/19/17

Fit Pay Inc. will bring contactless-payment technology to wearable devices in Australia under an agreement with Australia and New Zealand Banking Group Ltd. Fit Pay is a unit of Florida-based NXT-ID Inc. Payments provider BlueSnap Inc. announced integrations with six software and services providers. Bluefin Payment Systems said it received …

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Quiet Online Shopping Days Yield the Biggest Fraud Spikes, Stripe Says

Santa Claus might be relaxing on Dec. 25, but criminals targeting online merchants with stolen credit and debit cards won’t be taking the day off. That’s evident from Stripe Inc.’s latest report on online fraud trends and behavior. Released this week, the report, which examines an undisclosed number of transactions made …

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The Need for a Paradigm Shift Away From Passwords

Experts are just about unanimous in arguing the password must be replaced for digital authentication. But with what? Here are some considerations payments executives might ponder. Commerce and banking are increasingly digital. E-commerce is growing 10% to as much as 40% in many markets, while brick-and-mortar growth is in the …

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Amazon Opening Voice-Command Payments To Outside Developers and Merchants

Amazon.com Inc. is recruiting outside software developers and merchants to create functions that work with its Alexa voice-command system and the Amazon Pay service so that consumers can make purchases using their Amazon payment credentials at both physical and online merchants. Seattle-based Amazon made the announcement at its big Amazon …

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Consumers To Spend $427 This Shopping Weekend and other Digital Transactions News briefs from 11/21/17

Bluewater Grill Restaurants, with seven locations in Southern California and Phoenix, has deployed the Rail pay-at-table platform from TableSafe Inc. Black Friday, the day after Thanksgiving, will continue to attract consumers to stores. A study from Deloitte found that 70% of U.S. consumers plan to shop in a store that …

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Cordray Leaving CFPB and other Digital Transactions News briefs from 11/15/17

Richard Cordray, director of the Consumer Financial Protection Bureau since 2011, is resigning, according to a report on TheHill.com, a political news site. The CFPB’s only director since it was created, Cordray expects to leave the agency by the end of the month, the site said. Fashion retailer Forever 21 Inc. said it …

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ThreatMetrix Reports a 100% Increase in Third-Quarter Cyberattacks in Just Two Years

It’s not a pretty picture, but then anything detailing the proliferation of cybercrime isn’t likely to have a bright side. ThreatMetrix Inc., in its “2017 Q3 Cybercrime Report,” says it detected and stopped 171 million attacks in the third quarter, a 100% increase from the 2015 third quarter. The report, …

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