Wednesday , December 13, 2017

News

September, 2017

  • 22 September

    BluePay To Offer Datacap Product and other Digital Transactions News briefs

    Payments provider BluePay Processing LLC said it will offer TranCloud, an EMV-enabled payments application from Datacap Systems Inc., to merchants. ATM network operator Cardtronics plc said the Speedway convenience-store chain added ATMs at 1,500 stores in eight states to Cardtronics’ Allpoint Network, which means that all 2,550 ATMs in 20 states where Speedway operates …

  • 21 September

    Only a Year After Admitting Credit Cards, Aldi Says It Will Accept Contactless Payments

    The Aldi Inc. supermarket chain, which only last year began accepting credit cards, said in a press release on Thursday it now “accepts all forms of contactless payment,” including Apple Inc.’s Apple Pay and Alphabet Inc.’s Android Pay mobile wallets. The Batavia, Ill.-based company has already activated contactless payments chainwide, …

  • 21 September

    Gemalto: Records Compromised by Data Breaches Rise 164% in Six Months

    Payment-security technology provider Gemalto NV reported Wednesday that, around the world, some 1.9 billion records were compromised by data breaches in 2017’s first half, up 164% from 721 million records compromised in the last six months of 2016. The outlook for 2017’s second half is grim in light of the …

  • 21 September

    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 …

  • 21 September

    48% Don’t Use Mobile Wallets and other Digital Transactions News briefs

    Some 48% of surveyed U.S. consumers don’t use Apple Pay, Android Pay, Samsung Pay, Venmo, or Bitcoin and 46% say not enough places accept these payment methods, according to invoicing and payments firm Viewpost, which canvassed 1,000 people. Mobile-payments provider LevelUp announced a link to delivery.com, which serves more than 12,000 restaurants. The connection …

  • 20 September

    Apple’s Big Job: Getting iPhone Users Comfortable With Facial Biometrics

    A large portion of Apple Inc.’s customers spurn facial biometrics, a key security element in Apple’s new iPhone X, according to new research. Survey results from United Kingdom-based Juniper Research say that more than 40% of users of Apple’s mobile devices in the U.S. consider themselves unlikely to use facial …

  • 20 September

    The Debit Card, Long ‘the King of Payments,’ Finds Itself Under Siege, Expert Says

    For decades, debit cards have been reliable revenue generators and relationship builders for financial institutions of all sizes. But now that bulwark for banks is under threat from multiple alternatives, putting financial-services executives on the defensive and forcing them to rethink their card strategies, argues a new paper out this …

  • 20 September

    Bluefin in POS Software Deal and other Digital Transactions News briefs

    North American Bancard said it will offer its PayAnywhere 2-in-1 Bluetooth Credit Card Reader free to new PayAnywhere merchants. Payments encryption company Bluefin Payment Systems said its services are available to users of NeuLion, software used by college-ticketing organizations. POSDATA Group Inc. said its Louisville, Ky.-based facility has been point-to-point key injection-certified by the …

  • 19 September

    Why Aliant Payment Systems Is Getting Set To Apply the ISO Model to Bitcoin Acceptance

    Years ago, when banks wanted to sign up more merchants for credit card acceptance, they turned to non-bank third parties to sell the service. Now, these same third parties are starting to sell Bitcoin acceptance along with credit and debit cards. Aliant Payment Systems Inc., a Fort Lauderdale, Fla.-based independent …

  • 19 September

    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 …