Thursday , April 19, 2018

Kevin Woodward

Kevin's role at Digital Transactions is to write news and features stories for publication on the Web site and in the magazine. He also oversees the digital editorial aspect of the site and the Digital Transactions News daily newsletter.

GasBuddy’s New Payment Service Discounts Gasoline Prices

Consumer affinity for the cheapest gas prices birthed smart-phone app GasBuddy, and now the app has sired a way for consumers to actually make the payment at fill up. Boston-based GasBuddy recently announced its Pay with GasBuddy service, which connects a consumer’s checking account with a GasBuddy-issued card. After enrolling …

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ThreatMetrix ID Debuts As a Service to Help Businesses Identify Digital Users

Risk-management firm ThreatMetrix Inc. said its ThreatMetrix ID product, announced this week, uses unique, anonymized customer data to help businesses make decisions about trust and identity. The product, hailed as the company’s flagship, incorporates four central capabilities. One is the unique, anonymous data it has on 1.4 billion users in …

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Digital Payments Authentication Requires Agility and Adaptability, a Report Says

As more consumers make more digital payments, financial institutions and merchants face an increasingly complex challenge to better authenticate these transactions. That requires looking at ways to keep pace with criminals and staying in step with consumers, says Aite Group LLC in its latest report, “Digital Authentication: New Opportunities to …

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Processor Aliant Strikes a Deal With BitPay to Sell Merchants on Bitcoin Acceptance

Payments provider Aliant Payment Systems now offers Bitcoin acceptance for merchants through a deal with BitPay Inc., a Bitcoin processor, Aliant announced Monday. Fort Lauderdale, Fla.-based Aliant says the relationship makes it one of the first payment-processing companies to offer merchants Bitcoin acceptance. It is doing this, in part, because …

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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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A Merchant Focus Tops Tech Savvy in Integrated POS Systems Sales, A New Report Says

Marketers of integrated, cloud-based point-of-sale systems take note. It’s not enough to have full-featured service replete with multiple functions. It also takes a sales approach that is responsive and knowledgeable. That may sound like common-sense idea, but it’s one that has been vetted by The Strawhecker Group in its “The …

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Eye on Harvey: First Data, Chick-fil-A Offer Payments Aid to Houston Businesses

As businesses in the Houston area attempt to recover following the devastation of Hurricane Harvey in late August, the payments industry is offering assistance. First Data Corp. is offering thousands of its Clover Go mobile credit and debit card readers free to business owners affected by the hurricane. The offer includes …

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Merchant PCI Compliance Improves, But the Process Is Still Vexing, Verizon Report Says

The financial-services industry can take some satisfaction that it has improved its overall compliance with the PCI data-security standard, going from 42.9% of firms in full compliance in 2015 to 59.1% in 2016, as measured in the 2017 Payment Security Report from Verizon Enterprise, the business-services unit of telecommunications carrier …

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