Friday , November 22, 2024

Search Results for: data security

A New, Improved 3-D Secure Debuts

It’s Round 2 for the online-authentication technology known as 3-D Secure, and security experts say it stands a good chance of being more popular than the original version. EMVCo, the chip card standards body owned by the world’s six leading payment card networks, released 3-D Secure 2.0 in late October. …

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MasterCard Debuts Fraud-Prevention Technology and other Digital Transactions News briefs

• Credit cards were implicated in 59% of all fraudulent online transactions for the period stretching from Black Friday through Cyber Monday, up from 49% for the same period last year and from 44% in 2014, according to data from iovation, a device-authentication company. Still, fraudulent traffic overall for the period …

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Affirm Adds Four Integrations and other Digital Transactions News briefs

• Processor Jack Henry & Associates Inc. will resell the Zelle person-to-person payments service to its financial-institution clients under a new agreement with Zelle’s owner, Early Warning Services LLC. • Affirm Inc., whose technology allows consumers to pay over time for online purchases, said it is now integrated with four new e-commerce …

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The ETA Sends a Payments-Industry Wish List to President-Elect Trump

By Jim Daly@DTPaymentNews Perhaps when he’s not tweeting, President-elect Donald J. Trump will get around to reading the letter the Electronic Transactions Association sent to him Monday outlining payments-industry proposals for Congress and federal regulators once Trump’s administration takes over in January. “ETA encourages your administration to create a policy …

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Fraudsters May Be Rushing Online, But So Far Web Sellers Are Ready for Them

By Peter Lucas @DTPaymentNews A combination of better fraud-detection technologies and stronger consumer-authentication strategies is helping e-commerce merchants hold the line on fraud losses, a study from payments consultancy Mercator Advisory Group says. This is the case even though more criminals are practicing their dark art in the online channel …

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CanPay Debuts for Marijuana Purchases and other Digital Transactions News briefs

• Two merchant organizations have filed a friend-of-the-court brief supporting a U.S. Department of Justice filing that asks the full panel of the Second U.S. Circuit Court of Appeals to hear a 6-year-old case alleging anti-steering rules established by American Express Co. are anti-competitive. A three-judge panel of that court ruled …

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U.S. Online Newcomer Klarna Expands Its User Base And Rolls out New Features

By Peter Lucas @DTPaymentNews Sweden-based e-commerce payments provider Klarna continues to expand its footprint in the United States by doubling its user base and adding new features to enhance the user experience. More than 2 million U.S. consumers now use Klarna’s streamlined checkout service, generating hundreds of millions of dollars …

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Lack of Value, Crowded Market, and Risk Aversion Crimp Mobile Wallets, Analyst Says

By Jim Daly@DTPaymentNews Countless analysts have tried to diagnose what ails the lackluster U.S. mobile-wallet market, but new observations from securities rating agency Fitch Ratings Inc. succinctly identify three primary causes: a lack of compelling value propositions, an overcrowded market, and cyber-risk aversion on the part of consumers. “The vast …

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Despite the Rising Role of ISVs, 49% of Them Still Don’t Integrate Payments Capability

Even though payments processors have been working with application developers for years, independent software vendors (ISVs) still represent a major opportunity for acquirers and processors. It remains the case that 49% of ISVs do not integrate payments functionality into their systems, according to new research from First Annapolis Consulting, an …

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Transcending Transactions: Infinite Peripherals, Inc. (IPC) Delivers Speed and Efficiency to the Box Office.

  The traditional box office needed a serious refresh when it came to funneling large crowds through the gates quickly and efficiently. The same outdated model was problematic for all venues including music festivals, concert halls, museums and sporting events. Since many venues employ volunteers or part-time workers, the challenge …

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