Monday , January 22, 2018

News

December, 2017

  • 4 December

    Payza Now Enables Its Customers To Buy Cryptocurrency Alternatives to Bitcoin

    Online payment processor Payza announced Monday that its customers can now use funds in their Payza accounts buy alternatives to Bitcoin, the cryptocurrency market leader. The news comes six months after Payza launched a service enabling customers to sell so-called altcoins such as Ethereum, Ripple, Litecoin, Dash, Monero, and Zcash. …

  • 4 December

    PayPal Says Its TIO Probe Found Evidence of a Breach Affecting Potentially 1.6 Million Customers

    PayPal Holdings Inc. and its TIO Networks unit are arranging free credit monitoring for consumers after finding evidence of a data breach at TIO that the companies say has potentially affected personally identifiable information for about 1.6 million customers of TIO’s bill-pay service. The unauthorized access could have compromised data …

  • 1 December

    With a Green Light From the CFTC, Three Trading Houses Get Set for Bitcoin Futures

    CME Group Inc. said on Friday it will launch a futures contract for Bitcoin on Dec. 18, a move some expect will lend considerable stability to the market for the 8-year-old digital currency. Also on Friday, Chicago-based CME’s crosstown rival, Cboe Global Markets Inc., said it will announce “shortly” an …

  • 1 December

    Data Breaches Have Exposed More Than 172 Million Consumer Records This Year, the ITRC Reports

    Fraudsters have caused 1,202 data breaches this year as of Nov. 29, up nearly 18% from the same period a year earlier, and they’ve exposed 172.4 million records, according to the latest figures from the Identity Theft Resource Center. Some 156.4 million Social Security numbers were compromised in the breaches, …

  • 1 December

    First Data Completes BluePay Acquisition and other Digital Transactions News briefs from 12/1/17

    Processor First Data Corp. completed its previously announced, $760 million acquisition of independent sales organization BluePay Holdings Inc.  Payment-services provider Shift4 Corp. announced its EMV-certified services are now available to users of Posera Ltd.’s Maitre’D point-of-sale hospitality software. Infinite Peripherals launched the InfineaRetail Airline Edition point-of-sale suite of products. Mastercard …

November, 2017

  • 30 November

    Eye on M-Commerce: Tire Retailer on a Roll; Other Merchant Types Experience Increases

    Holiday gifts and everyday products may garner much of the attention when it comes to mobile-commerce transactions, but a tire retailer is finding success with the technology, too. SimpleTire, a Trevose, Pa.-based online seller, found that consumers were in the mood to buy tires online on Cyber Monday. SimpleTire says …

  • 30 November

    Amazon Opening Voice-Command Payments To Outside Developers and Merchants

    Amazon.com Inc. is recruiting outside software developers and merchants to create functions that work with its Alexa voice-command system and the Amazon Pay service so that consumers can make purchases using their Amazon payment credentials at both physical and online merchants. Seattle-based Amazon made the announcement at its big Amazon …

  • 30 November

    PayPal Restores Some TIO Service But Big Questions Linger Over TIO’s Security Issues

    PayPal Holdings Inc. has restored some service in its TIO Networks bill-pay operation but pressing questions remain about the security vulnerability that spurred PayPal to shut down the service and about how TIO’s problems will affect PayPal chief executive Dan Schulman’s strategy to serve the underbanked population. The incident also …

  • 30 November

    BlueSnap Notes M-Payments Increase and other Digital Transactions News briefs from 11/30/17

    B2 Processing Solutions launched the B2 PINPad Drivers, a product to help merchants migrate point-of-sale applications to EMV and contactless payments. Payments provider BlueSnap Inc. said its merchants experienced a 125% increase in mobile-wallet use on Thanksgiving, 124% increases on Black Friday, the day after Thanksgiving, and a 79% increase …

  • 29 November

    Stolen Data Ranges From 20 Cents to More Than $15 on Cybercriminals’ Shopping List

    The underground market for personally identifiable information is flourishing, with criminals paying as little as 20 cents to as much as $15 for verified credentials across the dark market. That’s the latest from RSA Security LLC, a data-security company. The Bedford, Mass.-based firm released the 2018 Cybercriminal Shopping List Tuesday, …