Acquiring

DSW Shoe Warehouse's disclosure yesterday that the theft of card data at its stores, originally revealed last month, affected some 1.4 million accounts follows by a week the news that card data stored by New York-based merchant Polo Ralph Lauren had been compromised and casts the spotlight on an industry-backed …

With transaction-data security a top-of-mind concern these days in the wake of such breaches as the ChoicePoint case and the theft of card data from the DSW Shoe Warehouse chain, executives for two leading security-audit firms say their merger couldn't have come at a more propitious time. Chicago-based Ambiron LLC …

After a year of trying to sell itself as a transaction gateway for brick-and-mortar merchants, Authorize.Net Corp. says it has learned one important lesson: when it comes to the point of sale, any Internet-enabled device is capable of being a POS terminal. As a result, the American Fork, Utah-based processor, …

E-commerce fraud is beginning to make itself felt in the markets for voice-over-IP (VoIP) services and in digital-content downloads, both of which are high-potential markets that many processors are counting on for transaction growth, according to Retail Decisions Inc., the U.S. unit of Retail Decisions PLC, a provider of online …

First Data Corp. has begun to process MasterCard transactions at 123 Burger King Corp. outlets in Canada. The processing deal expands on one the Denver-based processor has for card processing at Burger Kings in the U.S. The card transactions at the Canadian Burger Kings are part of MasterCard's Quick Payment …

Having recently agreed to standardize their protocols for transaction-data protection primarily at online merchants, the card networks are beginning to push for improved security of stored data at brick-and-mortar retail locations, as well. The move comes in the wake of alarming breaches of card-transaction data at physical retail stores, including …

MasterCard's recent decision to slash its interchange pricing for e-commerce merchants that adopt the bank card association's SecureCode authentication program should significantly improve the business case for the technology and put pressure on Visa USA to respond, industry sources say. “I can't imagine [Visa is] going to let MasterCard steal …

In a determined if not defiant speech delivered today at a conference of independent sales organizations, Discover Financial Services Inc. chief executive David Nelms invited ISOs to help Discover build its network by helping introduce new services and recruiting more merchants. He also decried high merchant acceptance costs and took …

Although their rate of deployment has slowed somewhat, independent sales organizations continue to install ATMs at a rapid rate and now control nearly half of the 394,500 machines in service in the U.S., according to a new study from Tremont Capital Group Inc. Moreover, the Boston-based investment advisory firm's report …

Having doubled its merchant base via portfolio acquisitions last year, Dallas-based processor TransFirst has created a product division aimed, it says, at introducing new services to help retain merchants and give independent sales agents more ways to relieve pressure on pricing. The first new products, which will go live in …