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/ Technology
New fraud service cuts fraudulent transactions at iReel.com
IReel.com, a provider of online movie rentals, blocked hundreds of fraudulent transactions per day after implementing a fraud-detection system that screens transactions using device and transaction-related data, the e-retailer says.
Posted 04/08/2010Paul DemeryPost a comment
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/ Technology
Four of five debit card users say they would buy online, survey says
65% of consumers say they would feel safer shopping online with a PIN-debit card, and 80% say they would enter their personal identification number online if prompted by a trusted merchant, according to a survey sponsored by payments company Acculynk.
Posted 04/08/2009Katie DeatschPost a comment
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/ Technology
Hackers stole more than 40 million payment card account numbers, U.S. says
In cases that go back years, a group of 11 U.S. and foreign computer hackers broke into the networks of nine retailers and stole information from more than 40 million payment card accounts, federal prosecutors have charged.
Posted 08/06/2008Paul DemeryPost a comment
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Review of security systems finds no evidence of problem, OfficeMax says
OfficeMax is denying reports that cardholder account numbers used to produce counterfeit credit and debit cards were obtained through computer hacking of its database.
Posted 03/16/2006Paul DemeryPost a comment
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/ Technology
Another new payment option at Amazon
Credit card-averse Japanese consumers now have another payment option at Amazon. Amazon.co.jp has introduced a cash-on-delivery service.
Posted 11/16/2001Kurt PetersPost a comment
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/ Technology
Kiosks can improve customer service, says an NCR survey
Among those who have used kiosks, 57% say they improve customer service. More than two-thirds say kiosks are easy to use.
Posted 09/20/2001Kurt PetersPost a comment
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/ Technology
Digital signatures secure ATM card payments on the Net, NACHA says
A test of 598 web-based purchases showed that payment by debit card over the Internet is as secure and fast as debit card payment at a bricks-and-mortar store’s point of sale, the National Automated Clearing House Association reports.
Posted 07/23/2001Kurt PetersPost a comment
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/ Technology
7-Eleven tests web-enabled kiosks
7-Eleven is testing web-based kiosks in 36 stores to provide financial services. They eventually could be shopping machines as well.
Posted 06/07/2001Kurt PetersPost a comment
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/ E-Retailers
Retail automation, data warehousing lead NCR’s strong first quarter
NCR Corp.’s revenue grew 10% in the first quarter, while data warehousing revenue grew 21% and retail solutions, 18%.
Posted 04/17/2001Kurt PetersPost a comment
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/ Technology
A Nice, Safe ATM/Debit Card Deal
Star Systems Inc., Maitland, Fla., says it will join NYCE Corp., Woodcliff Lake, N.J., in offering SafeDebit to 3,400 STAR member financial institutions, representing 80 million ATM/debit cardholders. The SafeDebit payment solution will allow consumers to use their ATM/debit card to make secure, real-time Internet purchases. Scheduled to launch in second-quarter 2000, SafeDebit uses the infrastructure of regional ATM networks, including NYCE and...
Posted 01/19/2001Don DavisPost a comment
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