Monday , December 10, 2018

News

June, 2006

  • 20 June

    Observers Split over How Much Google Will Compete with PayPal

    With online search giant Google Inc. reportedly a week away from launching its long-expected payment service, observers differ on the question of whether the service will allow merchants to accept electronic payments on their own sites or be limited to Google's own platforms, especially the rapidly growing Google Base online …

  • 19 June

    An Online Boom: Phishing Numbers Hit New Highs in May

    The number of unique phishing attacks and the population of Web sites involved in the online fraud both hit all-time highs in May, following a disturbing trend of dramatic month-to-month increases since late 2005, according to the Anti-Phishing Working Group. Reports of unique attacks?discrete e-mail blasts sent to consumers by …

  • 16 June

    Networks Begin to Make a Case for Cards at Vending Machines

    Transaction Network Services Inc., which is routing wireless card transactions for Pepsi Co. at 500 vending machines, plans to boost that count to 10,000 machines across the country in 2007. TNS executives tell Digital Transactions in a story for the upcoming July-August issue that higher transactions tickets are helping to …

  • 15 June

    Retailers Say, ‘Show Us the Fines’ on PCI, E-Commerce Exec Says

    Merchants' sluggishness in achieving compliance with the Payment Card Industry data-security standard (PCI) is a source of some frustration to vendors like LaGarde Inc., but Michael Levin, executive vice president of marketing and business development for the Olathe, Kan.-based marketer of shopping-cart software for e-commerce, doesn't see the pace picking …

  • 14 June

    Verizon Looks to POS System to Cope with Rising Walk-in Payments

    Hoping to process a growing volume of bill payments customers make in its 76 stores, Verizon Communications Inc. is installing a new point-of-sale system that when complete will speed up check transactions, offer customers real-time payment posting, and allow the telecommunications giant to archive transaction information from multiple payment forms, …

  • 14 June

    BidPay Re-launches with New Pricing, Chargeback Policy

    BidPay.com Inc., an online auction-payment processor that was shut down in December by owner First Data Corp., went live again this week with new pricing, international sales support, and a strategy to appeal to sellers by offering protection against certain chargebacks. The re-launch follows the March 2006 acquisition of BidPay …

  • 13 June

    E-Retailers’ Order-Review Logjams Create a New Software Market

    Online retailers have long deployed front-end screening systems to check card-not-present transactions for fraud. A new software product announced Tuesday, however, is apparently the first commercially available product to automate what is now a heavily manual process of checking orders that don't pass these screens and yet are not unambiguously …

  • 12 June

    Banks Should Pick up the Phone for Bill Payments, Experts Assert

    Think of electronic bill payments and, not surprisingly, the Internet usually comes to mind first. But many billers, especially banks, have yet to offer bill payments through telephone-based customer-service systems or automated interactive voice-response units, experts tell Digital Transactions magazine in an upcoming story on expedited bill payments. The Web's …

  • 9 June

    Alternative Payments Are Gaining Online, But Not All Retailers Are Sold

    The share of e-commerce dollars coming from so-called alternative payment methods will grow from 12% in 2005 to 26% in 2009, an electronic-payments expert says. And two such alternatives emerging only now will gain momentum over the coming three years, with PIN debit accounting for about 3% and NACHA's new …

  • 8 June

    ISOs And NFC Specs Lend Impetus to Contactless Payment Trend

    New technical specifications for so-called near-field communication (NFC), released this week by an international rules-setting body backing the technology, should add momentum in the U.S. to the trend toward contactless payments on mobile phones. “A lot's happening behind closed doors,” says Erik Michielsen, director of RFID and M2M research at …