Tuesday , March 19, 2019

News

December, 2018

  • 14 December

    Hold on to Your Hat, Demand for Blockchain Experts Is Taking off Fast

    Despite the vicissitudes of cryptocurrency, demand for blockchain developers is apparently exploding. The increase in job listings seeking those with experience in the distributed-ledger technology topped the growth rankings in LinkedIn’s 2018 “Emerging Jobs Report,” with 33 times more listings than last year, according to a Dec. 13 post from …

  • 14 December

    Mitek Suitor Changes Tack and other Digital Transactions News briefs from 12/14/18

    An affiliate of Elliott Management Corp., a hedge fund that is trying to acquire remote deposit capture software provider Mitek Systems Inc. through a portfolio company, plans to nominate seven director candidates at Mitek’s 2019 shareholder meeting, Mitek reported in a regulatory filing. The meeting date and location hasn’t been …

  • 13 December

    Fast-Growing Merchant Acceptance Could Entice More Acquirers to Look Abroad

    A number of U.S. payments providers have expanded overseas in recent years, and now more may have an incentive to do so if recent research showing robust growth in merchant acceptance is any indication. The number of physical stores or outlets accepting payment cards worldwide reached 69.2 million last year, …

  • 13 December

    P2P Dominates Banks’ Mobile Apps in Payments, but Other Functions Lag

    All but two of 27 bank mobile apps examined in a new S&P Global Inc. study offer person-to-person payments and another bank will soon add the feature to its app. But less than a third of the apps support cardless ATM transactions. The study by New York City-based S&P Global’s …

  • 13 December

    Lightspeed Launches Lightspeed Loyalty and other Digital Transactions News briefs from 12/13/18

    The Federal Trade Commission announced a settlement with two defendants accused of laundering nearly $6 million in credit card charges through fraudulent merchant accounts. Lightspeed, developer of a cloud-based point-of-sale system, released Lightspeed Loyalty, a service that offers merchants a rewards program, automated marketing, customer data reporting, and, for restaurants, …

  • 12 December

    As Voice Commerce Becomes More Common, Jack Henry Adds More Payment Services

    Core processors for financial institutions are starting to make their moves in voice-triggered consumer payments, and Jack Henry & Associates is looking to stake out an early lead in this nascent business. The Monett, Mo.-based company on Wednesday said its iPayQuickPay bill-pay service is integrated with Alexa smart speakers from …

  • 12 December

    Deloitte: Look for Faster Payments on the B2B Side in 2019, And More Contactless Transactions

    The prognostications for 2019 are starting to roll in, and if at least one comes true, we’ll see business-to-business transactions driving the growth of faster-payment systems. And smart phones might actually gain some discernible traction at the point of sale. The predictions come from the big accounting and consulting firm …

  • 12 December

    Blackboard Picks Bluefin Encryption Service and other Digital Transactions News briefs from 12/12/18

    Thales’s proposed all-cash acquisition of rival Gemalto received merger-control regulatory clearance by the European Commission. Effective immediately, the clearance is conditioned on Thales’s agreement to divest its general-purpose hardware security modules business worldwide. The deal still must clear regulatory hurdles in five other countries, including the United States. Bluefin Payment …

  • 11 December

    Is Facial-Recognition Technology Hurting Apple Pay?

    Adoption and usage rates for the mobile wallets from Apple Inc., Alphabet Inc. (Google), and Samsung Electronics Co. Ltd. have been far from stellar, but now evidence is emerging that Apple’s decision a year ago to ditch fingerprint identification on its newest smart phones in favor of facial-recognition technology could …

  • 11 December

    New Report Shows the Massive Scale of Bot Attacks

    Large companies are getting bombarded by approximately 530 bot attacks per day, and the vast majority of more than 200 firms surveyed have at least one person on their security teams devoted solely to bot defense, according to Osterman Research Inc. Osterman, a Black Diamond, Wash.-based research firm that works …