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Total System Services Inc., or TSYS, for the first time is extending health care payment services to Puerto Rico through an arrangement with Paytech Corp., a Puerto Rico-based e-commerce transaction processor, the two companies announced Jan. 13.
January 14 -
The problem with PCI is that its focus is on protecting acquirer and issuer cardholder data when outside any merchant it is so easy to skim a card or steal cardholder data and then commit fraud.
January 14 -
ISOs working with Global Payments Inc. will play a role in determining the effects of a proposed 12-cent cap on debit transactions imposed by the Federal Reserve Board on the Atlanta-based payments processor, Global Payments said last week during a conference call to discuss its fiscal second quarter results.
January 13 -
Visa Inc. says it plans to implement a dual interchange schedule for issuing banks and credit unions in the wake of debit interchange regulation.
January 13 -
Total System Services Inc., or TSYS, has moved quicker than it originally anticipated in acquiring First National Bank of Omaha’s stake in First National Merchant Solutions LLC.
January 13 -
United Bank Card Inc. is making its Harbortouch point-of-sale system available for free to merchants that continue to use the company to process their payment card transactions, the Hampton, N.J.-based ISO announced Jan. 3.
January 13 -
VeriFone Systems Inc. confirmed its plans to spin off Hypercom Corp.’s U.S business after its planned merger is completed in the second half of this year, according to regulatory filing Wednesday.
January 13 -
Compliance with Payment Card Industry data-security standards is a top concern among smaller merchants, but many remain unaware of the scope of their potential liability regarding data breaches and are unclear on specific requirements, new survey data released Jan. 12 suggest.
January 13 -
North American Bancard will use Partner Commerce Inc.’s advertising network to find prospective merchants to help drive account growth, the Troy, Mich.-based independent sales organization announced Jan. 6.
January 13 -
More than half of corporations plan to increase spending this year on payment-security compliance, while the task of educating employees on the proper methods for handling cardholder data remains a pesky challenge, new survey data released Jan. 12 suggest.
January 12 -
Payment-services company Merchant Link LLC and point-of-sale terminal maker Pax Technology Ltd. have signed agreements to use Voltage Security Inc.’s advanced SecureData encryption service, the security technology company announced in separate news releases Jan. 11.
January 12 -
An online version of US Dataworks Inc.’s Clearingworks payment service is now available to businesses looking to automate many of the nonelectronic payments they receive, the Houston-based company announced Jan. 11.
January 12 -
A limited numbers of Bangkok commuters this spring will begin testing the use of a single, contactless smart card to access the city’s two train networks, an official at the Bangkok Mass Transit System Co. Ltd. tells PaymentsSource.
January 12 -
Bigger merchants are breaking free of the confines of the cash register with mobile technology originally designed for mom-and-pop stores.
January 11 -
Ingenico S.A. and Merchant Link, a Silver Spring, Md.-based provider of payment gateway and data-security services, announced Jan. 10 an agreement to jointly offer On Guard with Merchant Link’s TransactionVault tokenization technology.
January 10 -
American Express Co. has appointed Toby Eduardo Redshaw executive vice president and chief information officer, replacing Stephen Squeri, who was promoted. Redshaw previously was global chief information officer for Aviva PLC.
January 10 -
Visa Inc. says it plans to implement a dual interchange schedule for issuing banks and credit unions in the wake of debit interchange regulation.
January 7 -
Merchant processor Global Payments Inc. on Jan. 6 reported net income of $53.5 million for its fiscal second quarter ended Nov. 30, down 14.8% from $62.8 million during the same period last year. Revenues, however, increased by 8.4%, to $443.5 million from $409 million.
January 6 -
Visa Inc. says it has made upgrades to its Advanced Authorization antifraud system.
January 6 -
Ingenico S.A.’s new iSC220 and iSC250 point-of-sale terminals will accept magnetic stripe and both contact and contactless chip card payments, the terminal maker announced Jan. 4. The terminals, which also can capture signatures, go on sale later this quarter.
January 6