Ever more numerous digital payments and better management tools are helping transform the venerable stored-credential transaction. As ubiquitous as card-on-file transactions have been, the expectation is that this payment method is poised to grow in volume and importance in coming years, especially as more commerce moves online and consumer comfort …

Shoppers around the world value privacy and security most when buying online, and are most likely to abandon a shopping cart simply because they’ve changed their mind about buying the product—not so much because of factors like long delivery times or non-acceptance of preferred payment methods. These are among the …

The year 2019 is shaping up to be the worst year yet for data breaches, according to a recent report from Risk Based Security Inc. Through the year’s first half, 3,813 breaches were reported, up 54% from a year earlier. Those breaches exposed more than 4.1 billion consumer records, up …

Cash may still be king among consumers for purchases of $10 or less, but its market share is steadily being eroded by credit and debit cards, says an annual survey from CreditCards.com. The most recent edition of the survey, released late last week, reveals that 43% of respondents with rewards …

Mastercard Inc. has become the first payment card network to join the NoMoreRansom initiative sponsored by Europol, a support-services organization for law-enforcement agencies in the European Union. Europol says the 3-year-old NoMoreRansom public-private partnership project has helped 200,000 ransomware victims recover their computer files free of charge and has prevented …

Fiserv Inc. formally announced the closing of its $22-billion, all-stock acquisition of processing giant First Data Corp.MagTek Inc. said its DynaPro Go PIN pad now offers Bluetooth LE connectivity. The company also launched its iDynamo 6 mobile card reader that works with iOS, Android, and Windows operating systems.Utah’s Deer Valley Resort said it detected malware on May …

First Data Corp. and Fiserv Inc. expect to close Monday on Fiserv’s $22-billion acquisition of First Data. The deal, announced in January, has received final required regulatory approvals and non-objections, First Data said. First Data announced $2.49 billion in revenue for the second quarter, up 2% year-over-year.A group of Congressional Democrats, including presidential …

Equifax Inc., which in 2017 sustained a data breach that potentially exposed sensitive information related to 148 million files, on Monday announced what that massive intrusion will cost the company. The Atlanta-based credit-reporting agency said it will pay $671 million as part of an agreement to settle multidistrict class-action litigation …

Point-of-sale middleware vendor Datacap Systems Inc. announced it has acquired the NETePay Hosted payment gateway from Octopi (formerly Monetary.co). Terms were not released. NCR Corp. acquired privately held D3 Technology Inc., a provider of online and mobile-banking applications for large financial institutions. Terms of the deal were not disclosed. A …

Installment lending at the point of sale has drawn both startups and established companies, including banks, in recent years, but who among consumers finds that offer most attractive? The answer, according to New York City-based Auriemma Research, is consumers who pay with debit cards exclusively or say they prefer to. …