Payments vendor Charge Anywhere has confirmed a data breach that may have exposed payment card numbers dating back to late 2009, Bank Info Security reported. The New Jersey company, which routes transactions from merchants to their payment processors, discovered malware on its systems on Sept....
Jack Dorsey, the founder of both Twitter and Square, rebels against the Wall Street quarter-to-quarter mindset and plans to keep investing in Square until he sees fit to shift it to profitability. In an interview with the New York Times, Dorsey bridled when asked about...
For the first in its five-year history, Square reported on Wednesday (Dec. 10), it’s sellers processed more than $100 million in sales in a single day. And that day was Friday (Dec. 5). Just in case anyone cares, the company released some of the stats...
The prospect of an Apple Pay Alibaba deal got a lot more likely on Tuesday (Dec. 9) when Alibaba’s Alipay payments unit said that it will now allow users to authenticate their accounts with the iPhone’s fingerprint sensor instead of a password, indicating, according to...
As we reflect back at the last 12 months in payments, it can be difficult to recall all of the innovations that have helped omnichannel move from buzzword to a merchant forefront strategy. And at the very center of that strategy is mobile — specifically,...
Dynamics, a 200-employee card technology company based near Pittsburgh, has captured a $70 million investment from a group that includes MasterCard, according to a report in the Pittsburgh Tribune-Review. What makes Dynamics interesting, company execs said, are the security enhancements they are creating for payment...
The 1,850-store fast-food chain Chick-Fil-A on Monday (Dec. 8) announced its own QR code mobile payment and mobile ordering app for both iOS and Android, but the initial rollout will only be support at 130 stores in Atlanta, Chicago, Houston, Los Angeles, Orlando and Washington, D.C.. The app is funded through...
It’s long been common practice for cyberthieves to test stolen cards online, often with a tiny charge on a charity site, to quickly determine which have been shut down and which are still valid. But the latest tactic involves ordering pizzas from Domino’s—OK, so food...
Looks like BeBe Stores—with about 200 stores in the U.S.—may be the next cyberthief retail chain victim, according to a report from Krebs On Security. BeBe is the common point of purchase behind fraudulent charges being reported by various banks and BeBe is also related...
