Friday , November 22, 2024

Search Results for: common aid

iPayment Buys Leaders Merchant Services and other Digital Transactions News briefs from 11/22/17

Merchant processor iPayment Inc. has agreed to acquire Leaders Merchant Services, an independent sales organization that has worked with iPayment since 2004. Terms were not disclosed. Electronics maker SparkFun Electronics developed an app for Android devices that can detect the likely presence of a credit card skimmer commonly found on …

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The Ransomware Plague

This malware is a nuisance to many, but could mean big trouble for payments companies. Criminals, much like legitimate businesses, know that the real money is in volume. They would rather have their malicious software on millions of computers than on just a few thousand. The wider the net, the …

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11th Annual The 10 Most Pressing Issues in E-Payments

Our daunting set of sticky wickets this time ranges from data breaches that just don’t stop to debit card pitfalls to travails for P2P and Bitcoin. This is Digital Transactions magazine’s 11th annual ranking of payments woes, and one lesson we’ve learned in all that time is that they don’t …

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Apple Lays Out an Ambition to Capture More ‘Everyday’ Spend for Apple Pay

Marking Apple Pay’s third anniversary, an Apple Inc. executive Sunday night outlined an ambition to make the wallet usable in a wide range of what the company calls “everyday” events in people’s lives. “This [Apple Pay] is the future of everyday spend,” declared Jennifer Bailey, vice president for Internet services …

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Sonic Drive-In Confirms Payment Breach of an Unknown Number of Cards

Add Sonic Drive-In to the roster of merchants that have experienced a breach of their payments systems. The Oklahoma City-based fast-food chain confirmed to Digital Transaction News that it has been investigating the incident. On Tuesday, security blog KrebsOnSecurity.com reported the breach affecting an unknown number of Sonic’s point-of-sale systems. …

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First Data Notes Hurricane Impact and other Digital Transactions News briefs

Citing the recent huge data breach at credit-reporting agency Equifax Inc., the National Retail Federation and other trade groups in a letter to Congressional leaders said any new federal law governing data-breach notifications should apply to all industries that handle consumer data. The groups want a uniform federal standard to replace the …

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MagicCube Prepares for a PIN-on-Glass PCI Specification Due Later This Year

In anticipation of an upcoming PCI Security Standards Council specification for enabling PIN-on-glass transactions with consumer mobile devices, MagicCube released MC-Screen Shield, a back-end technology to help secure the PIN. PIN-on-glass technology—in which the PIN is entered via a display instead of using a dedicated PIN pad—has been available for …

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The Sweet 16

The Faster Payments Task Force issued a final report in July with an eye-popping goal: National, real-time payments by 2020. Here’s a guide to the 16 providers that might just do the job. In July, the Federal Reserve-sponsored Faster Payments Task Force capped off two years of hard work with …

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