Wednesday , October 2, 2024

Search Results for: Alphabet

Hard Rock Hotel & Casino Finds Malware and other Digital Transactions News briefs

• Noodles & Co. reported that malware led to the compromise of an undisclosed number of customers’ credit and debit cards between Jan. 31 and June 2 at 407 locations in 27 states and the District of Columbia representing 80% of its 507 total stores; the fast-casual restaurant chain began …

Read More »

Hard Rock Hotel & Casino Finds Malware and other Digital Transactions News briefs

• Noodles & Co. reported that malware led to the compromise of an undisclosed number of customers’ credit and debit cards between Jan. 31 and June 2 at 407 locations in 27 states and the District of Columbia representing 80% of its 507 total stores; the fast-casual restaurant chain began …

Read More »

Microsoft Introduces a Windows 10-Based Mobile Wallet With NFC Capability

Microsoft Corp. on Tuesday joined the mobile-payments race in earnest by announcing it is making near-field communication capability available on Microsoft Wallet for in-store transactions. The wallet works with Microsoft’s Windows 10 operating system. The new payments feature is limited for now to members of Microsoft’s Windows Insiders program “in …

Read More »

A BofA Survey Finds More Consumers Are Using Their Phones to Make Purchases

The number of consumers of all age groups who would or already use their phones to make purchases at the checkout increased to 40% this year, finds Bank of America Corp.’s “Trends in Consumer Mobility Report 2016,” released Tuesday. That’s up from 34% in 2015. Younger consumers—Millennials between 18 and …

Read More »

Bank Issues Card Intended for Use in Cuba and other Digital Transactions News briefs

• The Home Depot Inc. filed a federal antitrust lawsuit against Visa Inc. and MasterCard Inc. for alleged lax security practices and a preference for higher-margin signature authentication with EMV chip credit cards over more secure PIN authentication, according to the Associated Press. A MasterCard spokesperson told the AP that …

Read More »

Gravitational Pull

New technologies and market entrants are exerting downward pressure on acceptance costs for mobile payments. But how much longer will these costs matter? Card payments can be exceedingly complex, but in some ways they’re simple. Whip out a functioning credit or debit card to pay in a store and the …

Read More »

Chase Pay On Track; Amazon And Google Talk Technology

JPMorgan Chase & Co.’s Chase Pay mobile-payment service, announced in October, is on track for tests this summer with greater availability in the fourth quarter, according to Kim Fitzsimmons, head of global e-commerce and large omnichannel solutions at Chase Commerce Solutions. Fitzsimmons, who spoke Monday during a panel discussion at …

Read More »

After Eight Months of Testing, MCX Postpones CurrentC Rollout, Lays off 30 Staffers

After eight months of experimentation in Columbus, Ohio, Merchant Customer Exchange LLC on Monday issued a statement from chief executive Brian Mooney announcing it is putting off a national rollout of its CurrentC mobile-payments service to an unspecified date. Mooney added that the Boston-based company, formed in 2012 by many …

Read More »

8th Annual Field Guide to Alternative Payments

Our list this year showcases some of the most interesting innovation going on in payments. As we put together this year’s Guide, we were struck by the sheer breadth of innovation the 37 entries that made this year’s list represent. Yes, much of this technology has to do with mobile …

Read More »

Democratizing Money

Peer-to-peer payments are taking center stage as banks, processors, and tech companies roll out new ways to displace cash. But will providers cash in? The headlines mostly tell of the problem-plagued EMV chip card rollout in the U.S. or wishfully hope that mobile payments will finally catch on with consumers …

Read More »
Digital Transactions