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Transaction Trends Online |
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In the May Issue of Transaction Trends: 
- Navigating a New Economic Landscape
- Building a Compliance Safety Net
- Pro & Con: Alternative Payments
- And much more...
Visit the Transaction Trends Web Site
Advertise in Transaction Trends Need to reach the most powerful audience in the acquiring industry? Download our media kit and get started right away!
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In The Spotlight |
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ETAU Online: New Course Available Now |
ETA University's first-ever online course is now open for enrollment.
The course, Sales Channel Development, is presented in a multimedia format that includes testing. The course can be viewed at your own pace over a 90-day period and those who complete the course will receive a certificate from ETAU.
For full details or to enroll, click here . |
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Featured Stories
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Southern DataComm Acquires eN-Concert |
Southern DataComm (SDC),
Inc. has announced the completion of its
acquisition of eN-Concert, a suite of solutions from Ingenico, Inc., a leading
global provider of secure transaction and payment solutions. The acquisition
represents a strategic move by SDC into the tier-one, multi-lane retail market
and signals a long-term commitment towards the expansion of their end-to-end
suite of products and services to a broader customer base. The eN-Concert team
will continue to manage, deliver and support its current suite of products and
customers, as well as, leverage SDC’s payment delivery and managed payment
services. This move continues to redefine SDC as a strategic single source
provider for the processing of all electronic payments.
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Read more...
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The Aegenis Group Renews Contract as Trainer for PCI-SSC |
The Aegenis Group has re-signed with the Payment Card Industry Security Standards Council (PCI SSC) to be the worldwide trainer of Qualified Security Assessors (QSAs). The contract
marks a renewal of the existing relationship between The Aegenis Group and the PCI-SSC. Last year, The Aegenis Group trained over 1,000 QSAs and the coming year should see almost 50% more trainees attending the sessions.
"The Aegenis Group's long experience with the security
requirements of the Payment Card Industry and with the Payment Card Industry
Data Security Standard (PCI DSS) make them a logical choice to conduct the
training," said Robert Russo, General Manager of the PCI SSC. "We
were pleased to renew the contract, as their deep knowledge of both the
industry and the PCI DSS ensures that the training the QSAs receive will be
consistent and comprehensive.
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Read more...
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CyberSource-Authorize.Net Deal Final |
CyberSource Corporation, , a leading provider of electronic payment and risk management solutions, today announced that it has completed the acquisition of Authorize.Net Holdings, Inc. of Marlborough, Massachusetts. CyberSource first announced an agreement to acquire Authorize.Net Holdings on June 18, 2007. Requisite stockholder approvals have been obtained and all regulatory requirements have been met.
The acquisition was a stock and cash transaction valued at
approximately $662 million, based on the closing price of CyberSource
common stock on October 31, 2007. Under the terms of the merger
agreement, Authorize.Net stockholders will receive 1.1611 shares of
CyberSource common stock for every share of Authorize.Net common stock.
Additionally, Authorize.Net stockholders will receive a pro-rata share
of $125 million, or approximately $4.42 per share, in the form of a
cash payment.
As a result of the acquisition, CyberSource now has approximately
217,000 customers, ranging in size from home-based businesses to some
of the largest enterprises in the world. (PR Newswire)
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TJX Breach Details Revealed |
Attorneys suing retailer TJX have added to their original
complaint, relying on newly discovered details regarding the company’s widely
reported security breach.
In a news story in E-Week, it was revealed that TJX failed to
comply with nine of 12 applicable PCI requirements and that the data thief
managed to walk away with 80 gigabytes of data on TJX customers.
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Read more...
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Upcoming Events |
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Strategic Leadership &
Networking Forum
October 21-22, 2008
Chicago, IL Compliance Day November 5-6, 2008 Dallas, TX 2009 ETA Annual
Meeting & Expo
April 21-23, 2009 Las Vegas, NV |
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Tel: 202.828.2635