Some 3.6 million U.S. adults were victims of phishing attacks in the 12 months ending in August, losing an average of $886 apiece for an estimated total of $3.2 billion, according to a survey of more than 4,500 online users sponsored by Gartner Inc. Gartner, a technology research firm based …

Cardtronics Inc., operator of the nation's largest non-bank ATM network, completed its initial public offering of stock on Monday and began trading Tuesday on the NASDAQ stock market, but only after cutting the size of the deal in a stormy stock market. Houston-based Cardtronics announced its planned IPO in September. …

In a development that could long complicate the introduction of commercial services allowing consumers to make point-of-sale payments with their mobile phones, mobile network operators say they will derive POS payment revenue chiefly from consumer transaction fees. According to research released this week, some 83% of carriers responding to an …

Growth in the new back-office conversion, or BOC, electronic-check code far outpaced growth of all other automated clearing house transaction categories in the third quarter, but don't get too excited yet. BOC only went live March 16, so its 238% increase to 840,743 transactions came off a very small base …

Qualcomm Inc.'s $210 million cash deal for Firethorn Holdings Inc., announced on Wednesday, is expected to accelerate Firethorn's movement toward mobile payments and hands Qualcomm a significant stake in the rapidly developing markets for both banking and payments via handsets, according to Tripp Rackley, chief executive of Atlanta-based Firethorn. “All …

A representative of Metavante Corp. will ring the opening bell Friday at the New York Stock Exchange in a ceremony that will cap seven months of work since Marshall & Ilsley Corp., the bank-holding company that founded Metavante in 1964, announced in April the banking services and payment processor's planned …

For the second time this year, the United States Patent and Trademark Office has upheld a patent owned by DataTreasury Corp, a small software company that is suing major banks and processors for infringement of these and other electronic-payments patents it holds. In a document issued earlier this month to …

Sources reached by Digital Transactions News aren't surprised at the news that the number of credit and debit card accounts affected in the TJX Cos. breach has doubled, as disclosed by court filings and reported this week by The Boston Globe. Although the off-price retailing chain reported in March that …

Google Inc. gave a progress report about its Google Checkout payment services launched in mid-2006 and processors and banks heavily involved in the payments business reported third-quarter earnings last week. ? Search-engine leader Google's Google Checkout online payment service added PetSmart, Drugstore.com, Shoebuy.com, and the NHL Store as merchants in …

Some of the big banks that connect to the SVPCO Image Payments Network are starting to use the system to send and clear items electronically for other banks they serve in a move that could increase volume on the image-exchange network and allow member financial institutions to earn more fee …