Advertisement

Heartland Partners with Acculynk for PIN Debit Authentication

March 3, 2011

Payments processor Heartland Payment Systems said it has partnered with Atlanta neighbor Acculynk to provide the software provider’s Internet PIN debit solution to Heartland’s e-commerce merchants. The companies said PaySecure is the first software-only service that enables a consumer to use his/her debit card and bank-issued PIN to pay for online purchases. “Heartland is always looking for new ways to help protect our merchants,” said Steve Elefant, Heartland’s chief information officer. “PaySecure authenticates that the consumer made the purchase which reduces fraud and charge-backs for merchants—saving them time and money. It is also user-friendly: it enables consumers to enter their PINs directly in the check out process without being redirected to another site or needing to enroll in a program. PaySecure is a valuable addition to our existing suite of security products.” Heartland said PaySecure will be available to its merchants in Q2 2011.


  • Customers Come First, Even While Fighting Fraud - Jan. 29, 2015
    Customers Come First, Even While Fighting Fraud

    At an executive summit hosted by antifraud provider 41st Parameter, a succession of presentations and panels highlighted the challenges faced by fraud and security departments in every merchant vertical and financial institution tasked with securing critical data and rooting out fraud while simultaneously protecting the customer experience.


Advertisement


  • Supreme Court Will Not Hear Durbin Case - Jan. 22, 2015
    Supreme Court Will Not Hear Durbin Case

    The U.S. Supreme court yesterday declined to review an appellate decision affirming the caps on debit interchange and network routing requirements formulated under the Durbin Amendment to the 2010 Wall Street reform package.

  • President Unveils Sweeping Cybersecurity Initiative - Jan. 15, 2015
    President Unveils Sweeping Cybersecurity Initiative

    On Tuesday, President Obama unveiled a comprehensive package of cybersecurity legislation that features incentives for private/public information sharing, criminalizing certain cybercrime-related activities and implementing a national standard for breach notification.

  • EU Agrees to Interchange Legislation Including Caps - Dec. 22, 2014
    EU Agrees to Interchange Legislation Including Caps

    The most recent chapter in efforts to cap interchange fees in Europe ended last week when the European legislators reached an agreement in principle with member nations capping cross-border interchange fees at 0.2 percent per debit-card transaction and 0.3 percent per credit-card transaction.

  • Alibaba Threatening Main Street? - Dec. 18, 2014
    Alibaba Threatening Main Street?

    The Alliance for Main Street Fairness (StandWithMainStreet.com) has produced a television ad warning that, after its enormous IPO, Chinese e-commerce company Alibaba.com will take advantage of current tax law to "decimate local retailers."

Advertisement

 

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

* Category:

Company:

 
Captcha
Answer:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here