Friday , November 22, 2024

Search Results for: encryption

GM Enables More In-Car Payments Options and other Digital Transactions News briefs from 8/8/18

Flow, a cross-border e-commerce platform, has added a cryptocurrency option through an arrangement with BitPay, a cryptocurrency exchange. Through a so-called marketplace update, General Motors Co. is enabling in-dash fuel payments in select Buick models at Exxon Mobil stations. The capability is expected to come to other GM makes, 2017 …

Read More »

Apple Pay on Top of Consumer Reports’ Mobile P2P Assessment

With a focus on data privacy and security, a review of five mobile person-to-person payment services places Apple Pay at the top, Consumer Reports says. Released Monday, the report from the product-review magazine evaluated Apple Inc.’s Apple Pay, PayPal Holdings Inc.’s Venmo, Square Inc.’s Cash app; Facebook Inc.’s Messenger, and Early …

Read More »

Buoyed by Its ISV Strategy, First Data Eyes a Joint-Venture Resurgence

Processor First Data Corp.’s strategy of providing payments integration to independent software vendors appears to be yielding results. The Atlanta-based company said it signed 94 ISVs in the second quarter. That, along with good growth in its direct-sales channel, contributed to the 17.1% growth in second-quarter revenue in First Data’s …

Read More »

Handpoint in Integration Deal and other Digital Transactions News briefs from 7/11/18

Processor Net Element Inc. said its first-half payment volume rose 37% year over year to $1.62 billion. Most of the volume came from the company’s North American subsidiary, Unified Payments, which handled $1.4 billion in payments, up 40%. Handpoint, a mobile point-of-sale payments provider, announced an integration with RxTrax, a …

Read More »

COMMENTARY: Success in Payments Is Now Just About Impossible Without Software Integration

In the blink of an eye, technology has infiltrated the lives of consumers and businesses everywhere. And the evolution of computing technologies continues to impact economic growth and development, moving the world forward. The significant decrease in the cost of computing over the past decade has also made connectivity ubiquitous, …

Read More »

The Practical Application of Blockchain in the Mobile Channel

Three key use cases could dramatically improve rewards programs, user authentication, and supply-chain management. Blockchain is a changing business model for the banking industry, supporting the sharing of value between and among multiple companies to their mutual benefit. While the industry may be enamored of developments on the crypto­currency front, …

Read More »

COMMENTARY: Consumers Deserve Better Retail Protections

The cybersecurity firm Gemini Advisory recently announced a large-scale data breach at Saks Fifth Avenue and its sister company Lord & Taylor, compromising 5 million credit cards. While the forensic investigation is still under way, it appears that the breach was likely caused by malware on the parent company’s point-of-sale …

Read More »

NCR Opts for Bluefin Tech and other Digital Transactions News briefs from 6/29/18

Payments-technology provider Bluefin Payment Systems said NCR Corp. is using Bluefin’s point-to-point encryption service at merchants deploying NCR’s Counterpoint Retail Solution to process payments through NCR Secure Pay. Payments provider Merchant Consulting Group, which was founded in 2005, changed its name to Paystri. Credit-union processor PSCU said its new Lumin …

Read More »

TrustCommerce Announces an Integration and other Digital Transactions News briefs from 6/27/18

Captiva MVP Restaurant Partners LLC, operator of the PDQ fast-casual chain, reported that a hacker accessed its computer system through a technology vendor’s “remote connection tool” and may have compromised an undisclosed quantity of payment card numbers, cardholder names, expiration dates, and verification values. The breach, which affected all but three …

Read More »

Cardfree’s Mobile Wallet Patent and other Digital Transactions News briefs from 6/21/18

PayPal Holdings Inc. blocked sales of the violent video game Active Shooter, which lets players choose the role of a gunman terrorizing a school or of a SWAT team trying to stop him, the Associated Press reported; the game had been pulled from the online marketplace Steam after complaints but …

Read More »
Digital Transactions