A new trade group formed to fight phishing fraud argues it will work on approaches to the problem that will distinguish it from the efforts of another organization that emerged last year to combat the online fraud. The Trusted Electronic Communications Forum, whose formation was announced this week, is aimed …

UniRush Financial Services, a unit of UniRush LLC, New York, today announced an agreement with Milwaukee-based processor Metavante Corp. that allows holders of its prepaid Rush Visa card to use cash accounts linked to the card to make electronic bill payments. The service went live Friday, UniRush says, and is …

Vendors in the ATM industry are beginning to move ahead with systems that would allow machine owners to remotely install and manage encryption keys mandated by a new security standard set by the bank card networks. The introduction of solutions for remote administration of Triple DES keys comes even as …

More evidence of the possible damage being done by phishing to e-commerce emerged in survey results released today by technology research firm Gartner Inc., Stamford, Conn. The survey, which was completed last month and canvassed 5,000 adult Web users, indicates that 30 million users think they have definitely been a …

Executives who are counting on loyalty applications to help justify new transaction technologies like smart cards and radio-frequency ID devices may have to reconsider their strategies in light of recent developments, according to an expert in electronic loyalty programs. Speaking at Thomson Media's CardTech SecurTech conference and exhibition this week …

TPI Software LLC, a privately held provider of e-commerce and point-of-sale systems based in Redmond, Wash., has won certification on Paymentech LP's NetConnect platform, a major network supporting online and telephone transactions, as well as transactions at the point of sale, using Internet connections. TPI, which claims to have developed …

Frustration with electronic-transaction pricing may be reaching a boiling point in the supermarket industry, says one expert who keeps an eye on payments issues at the National Grocers Association, an Arlington, Va.-based trade group that includes independent supermarkets and wholesalers among its 12,000-plus members. Interchange and other costs for credit …

Electronic funds transfer network Star Systems Inc., which last month announced a new product that makes use of its EFT network to verify and settle checks written at the point of sale in the same way Star processes debit cards, says it expects Star Chek Direct to begin processing transactions …

Debit cards linked to personal identification numbers are slowly but surely penetrating more and more merchant locations, and as a result PIN debit transactions will begin to overtake transactions on signature-based debit cards within five years, says an analyst at Speer & Associates Inc., Atlanta, who has studied the issue. …

A transaction processor that targets high-volume online merchants is winning adherents among merchants and consumers alike for its product, which allows consumers to buy on credit without entering sensitive account data. I4Commerce Inc.'s “Bill Me Later” service, which became commercially available two years ago as an alternative to credit cards …