Monday , April 29, 2024

Search Results for: pos system

Elavon’s Tablet POS Service Debuts in Canada and other Digital Transactions News briefs

• MasterCard Inc. issued its latest U.S. EMV progress report; the network says it has 2 million chip-active merchant locations and that 88% of MasterCard consumer credit cards now have chips. • Processor Elavon announced it is launching a tablet-based point-of-sale product in Canada in conjunction with talech, a POS …

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PayPal Boosts Its POS Prospects And Escapes Wallet Fee With New MasterCard Pact

By Jim Daly@DTPaymentNews Having made peace with Visa Inc. in July, PayPal Holdings Inc. announced a similar agreement Tuesday with MasterCard Inc. that further extends the online payments leader’s reach at the point of sale. But PayPal’s new accord has some differences from the one it reached with Visa, most …

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Hutton Hotel Finds POS Malware and other Digital Transactions News briefs

• Noble House Hotels & Resorts, which earlier said it had been notified by the U.S. Secret Service about a possible card-data breach at its Ocean Key Resort & Spa, said it has found through an investigation that card data may have been compromised at 11 other hotels, restaurants, and …

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Square Posts Europe Job Openings and other Digital Transactions News briefs

• Guardian Analytics, a fraud-risk technology vendor, introduced what it says is the industry’s first real-time service to detect fraud in same-day automated clearing house transactions. Same-day ACH is scheduled to begin processing Sept. 23 with ACH credits, leaving some experts concerned that originating and receiving institutions will have less …

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Eddie Bauer Discloses POS Breach and other Digital Transactions News briefs

• Apparel retailer Eddie Bauer LLC said payment cards used at its more than 350 U.S. and Canadian stores from Jan. 2 to July 17 may have been compromised by malware placed on its point-of-sale systems, KrebsOnSecurity.com reported. The malware has been removed; Eddie Bauer said the “intrusion was part …

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Benefits and Risks of Remote Deposit Capture and other Digital Transactions News briefs

• PayPal Holdings Inc. plans to cease operations in Turkey in the next week because financial regulators there rejected its license applications, apparently because it does not keep its IT systems in Turkey, Fortune reported. • Some 88% of 400 respondents to a RemoteDepositCapture.com poll about risk said the benefits …

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Manual Reviews And False Positives, Costly Scourges of Online Commerce, Are on the Rise

U.S. e-commerce merchants are struggling with more fraud, but they’re also contending with two related problems that are on the rise and costing them plenty of time and money—manual reviews and false rejections, also known as false positives. That’s according to two studies, one released on Wednesday and the other …

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Todd Clark Leaves Star for Co-Op Position and other Digital Transactions News briefs

• Wells Fargo & Co. announced its Wells Fargo Wallet will launch this summer and be incorporated into the banking giant’s mobile-banking app for Android devices, giving customers the ability to make contactless near-field communication payments directly from the app. The app, developed in-house, also will work at Wells Fargo …

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The Opposing Sides in Green Dot’s Acrimonious Proxy Fight Dole Out Voting Advice

The increasingly dramatic proxy fight at prepaid card issuer Green Dot Corp., a fight that could cost its founder, chairman, and chief executive Steven W. Streit his job if management loses, took an interesting turn Monday when Green Dot said it would appoint George Gresham, a director nominee from the …

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Wendy’s Goes Public With Data Breach, And Cautions About Current And Possible Suits

The Wendy’s Co. admitted publicly Wednesday that a point-of-sale system at “fewer than 300” of its franchised restaurants in North America had been affected by malware, starting last fall. In a quarterly filing with the Securities and Exchange Commission, the Dublin, Ohio-based hamburger chain also said it has worked with …

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Digital Transactions