Friday , November 22, 2024

Search Results for: data security

Corcentric To Go Public and other Digital Transactions News briefs from 12/10/21

Corcentric, a business-to-business payments provider, said it will go public via a merger with North American Merger Corp., a special purpose acquisition company. The company’s network supports more than 450,000 buyers and more than 1.4 million suppliers and processes more than $100 billion in volume annually.Chainalysis, a provider of blockchain …

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BofA Introduces a Zelle Widget to Help Veil Account Details for P2P Transfers

To make it more convenient for its customers to send money using Zelle, the major peer-to-peer payment network operated by Early Warning Services LLC, Bank of America Corp. has developed a Zelle widget that can be added on the home screen of a mobile device. The widget will take BofA …

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Why Europe Is Scary

PSD2 won’t solve fraud completely. Here’s why—and what U.S. online merchants should do. In the United States, e-commerce has surged due to the maturity of companies’ digital platforms, innovative payment models, and the ongoing impact of the pandemic. U.S. e-commerce sales are expected to reach $933.3 billion in 2021, representing …

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ACI’s Network Intelligence Technology Takes Aim at Real-Time Payments Fraud

As criminals increasingly target real-time payments networks with fraud scams, ACI Worldwide Inc. on Monday announced the launch of its proprietary Network Intelligence Technology as part of its ACI Fraud Management platform. The new technology enables banks, processors, acquirers, and networks to augment fraud-prevention strategies by allowing them to share …

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Shift4 Heralds Moves Into New Markets As It Sees End-to-End Volume Nearly Double

Payments processor Shift4 Payments Inc. announced early Wednesday a service outage at a major processor in August cost the company more than $22 million in payments to affected merchants. But it added the Allentown, Pa.-based company is plunging into a range of new markets with major clients including Allegiant Airlines, …

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15th Annual The 10 Most Pressing Issues in E-Payments

After more than 18 months of pandemic, are you on the road to normal? In this, our annual catalog of woes and worries, we shine the spotlight on that road’s biggest potholes. Well, nobody signed up for this, right? More than a year-and-a-half after what had been a booming economy …

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New Twists in Online Fraud

No longer content to use a stolen credit card, criminals are targeting e-commerce merchants for everything from customer account data to loyalty points to BNPL fraud. Criminals follow the money, and, with e-commerce booming and more merchants selling online than ever before, it’s no surprise that fraudsters are flocking to …

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[UPDATE] POS Device Maker Pax Draws Scrutiny Following Allegations of ‘Strange Network Activity’

[UPDATED TO REFLECT A STATEMENT FROM PAX] A report released on Tuesday detailing a raid by federal investigators at a Florida warehouse linked to Pax Technology Inc. has stunned the payments industry and left some observers concerned about the big point-of-sale device maker’s reported reaction to allegations its technology was …

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Savvy Solutions for Small Businesses and the ISOs that Support Them

By: John Newton, Vice President, Strategic Partnerships, First American by Deluxe Root. Crux. Nitty-gritty. No matter how you say it, there are essential elements to running a business. But small business owners often get caught up in the day-to-day minutia which, despite their best efforts, can derail their success. That’s …

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Bakkt Users Gain Access to Google Pay Crypto Purchases at Merchants Online And in Stores

Bakkt, a digital-asset marketplace, said its users can now load their Bakkt Visa debit cards into Google Pay and use the crypto-backed cards to make online and in-store payments where Google Pay is accepted. The consumer’s digital asset, such as Bitcoin, will be converted to fiat currency for these payments. …

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Digital Transactions