Friday , July 20, 2018

News

July, 2018

June, 2018

  • 29 June

    COMMENTARY: Consumers Deserve Better Retail Protections

    The cybersecurity firm Gemini Advisory recently announced a large-scale data breach at Saks Fifth Avenue and its sister company Lord & Taylor, compromising 5 million credit cards. While the forensic investigation is still under way, it appears that the breach was likely caused by malware on the parent company’s point-of-sale …

  • 29 June

    NCR Opts for Bluefin Tech and other Digital Transactions News briefs from 6/29/18

    Payments-technology provider Bluefin Payment Systems said NCR Corp. is using Bluefin’s point-to-point encryption service at merchants deploying NCR’s Counterpoint Retail Solution to process payments through NCR Secure Pay. Payments provider Merchant Consulting Group, which was founded in 2005, changed its name to Paystri. Credit-union processor PSCU said its new Lumin …

  • 28 June

    Big Credit Card Interchange Case Could Be Nearing a Settlement

    A massive, 13-year-old legal case pitting merchants against the bank card networks and big issuers over credit card interchange could be nearing a settlement, according to regulatory filings and press reports. Mastercard disclosed in a Securities and Exchange Commission filing Thursday that negotiations among the parties are moving along and …

  • 28 June

    Equifax Agrees to Operational Changes in Its Data-Breach Agreement With Eight States

    Equifax Inc. disclosed Wednesday that it has entered into a consent order with eight states that requires it to improve its data-protection practices in the wake of the huge data breach last year at the national credit-reporting agency. The breach compromised personal data on approximately 148 million consumers, including Social …

  • 28 June

    A Low-Friction Online Payment Button Debuts To Aid Nonprofits And Journalism Sites

    LaterPay Inc. released its LaterPay button as a tool to decrease payment friction, especially for nonprofit organizations and journalism sites, the company announced Thursday. Munich-based LaterPay, which has a U.S. office in New York City, says the button is designed to be a low-friction way to enable consumers to make …