USAT’s ePort Connect Coming to Air Vending Service and other Digital Transactions News briefs from 2/4/19 – Digital Transactions

USA Technologies Inc. agreed to provide its ePort Connect contactless-payments technology for air-vending machines deployed by CSC ServiceWorks Inc., a supplier of commercial washers and dryers, with 1.4 million laundry machines in service.
Upserv, a payments provider specializing in hospitality, adopted the TM-m30 receipt printer and TM-U220 kitchen printer from Epson Inc., along with the company’s Kitchen Display Systems (KDS) Controller solution with the OmniLink TM-U220-i intelligent series and KDS expansion modules.
Business-automation software developer Kofax Inc. and Israel-based imaging-application […] Read more

Equifax Free Credit Monitoring Service Is Ending

Smith Collection/Gado/Getty Images

After the 2017 Equifax data breach, which affected about 148 million Americans, Equifax offered one year of free credit monitoring to all Americans through a service called TrustedID Premier.

That free offer expires on Jan. 31, meaning subscribers who want to continue having fraud protection will need to find a new way to protect themselves.

Amid unclear email messages from Equifax, lack of preparation and the array of offerings between the three major credit bureaus, the end of the program has led to confusion among victims of the breach, according to The New York Times.

Here’s what you should know […] Read more

How Lenders Can Service Borrowers With Low Credit Scores

Poor credit score

There’s good news trending across the U.S. and it’s all about credit scores. According to a Washington Post article, the average FICO score is 704, which is a new record high. FICO’s vice president of scores and analytics, Ethan Dornhelm, said that Americans are “making more judicious use of credit” now that 10 years have passed since the financial crisis and housing bust.

Individuals with a FICO score of at least 704 will increase their likelihood of being approved for a mortgage. However, there’s still a chance that people with an average FICO score won’t qualify for a […] Read more

Jasper Ridge Partners LP Boosted Service Now (NOW) Holding By $4.28 Million; Crescent Park Management LP Has Trimmed Its Equifax (EFX) Stake – The Financial Examiner

Jasper Ridge Partners Lp increased Service Now Inc (NOW) stake by 59.31% reported in 2018Q3 SEC filing. Jasper Ridge Partners Lp acquired 21,951 shares as Service Now Inc (NOW)’s stock declined 7.09%. The Jasper Ridge Partners Lp holds 58,961 shares with $11.54 million value, up from 37,010 last quarter. Service Now Inc now has $32.63 billion valuation. The stock decreased 3.28% or $6.17 during the last trading session, reaching $181.98. About 1.66M shares traded. ServiceNow, Inc. (NYSE:NOW) has risen 52.81% since December 16, 2017 and is uptrending. It has outperformed by 52.81% the S&P500. Some Historical NOW News: 01/05/2018 – […] Read more

Neighbourhood watch: The crucial service of break-in safety | Special Editions

The house was silent. The three students living in the rented space had gone home for summer break, and the only thing heard was the ear-piercing shatter of glass shards falling to the kitchen floor.

The window at the back of the small, red-bricked house was shattered. Broken glass littered the ground, some fragments coated in blood. The burglar was in.

“My house has been robbed twice so far,” said Ajeash Ketheeswaran, a fourth-year management and organizational studies student at Western University. “Once in the summer, I think in May, and the second during winter break when I came back.”

Read more

New Service, Same Old Equifax: Credit Locking App Freezes Up

Equifax introduced a free consumer service Wednesday that allows people to lock access to their credit files from a mobile phone. It didn’t work.

Are you surprised?

After cyberthieves gained access to 145 million Social Security numbers in a breach at Equifax disclosed last fall, the company’s consumer-facing technology melted down. Websites froze, tools to check your potential vulnerability did not work, and people trying to freeze their credit files or temporarily lift the freezes spent hours at the task.

Amid that mess came a promise from Equifax that it would create a simple app […] Read more

Equifax Reopens Salary Lookup Service — Krebs on Security

Equifax has re-opened a Web site that lets anyone look up the salary history of a large portion of the American workforce using little more than a person’s Social Security number and their date of birth. The big-three credit bureau took the site down just hours after I wrote about it on Oct. 8, and began restoring the site eight days later saying it had added unspecified “security enhancements.”

The Work Number, Equifax’s salary and employment history portal.

At issue is a service provided by Equifax’s TALX division called The Work Number. The service is designed to provide automated employment and income verification for […] Read more

ID theft protection service shares data with Equifax, which was hacked

CLOSE

Equifax breach exposed driver’s license data for almost 11 million. Elizabeth Keatinge (@elizkeatinge) has more.
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LifeLock, the identity-protection company, employs about 500 at its headquarters in Tempe, Ariz., outside of Phoenix.(Photo: Russ Wiles, The Arizona Republic)

TEMPE, Ariz. — An identity-theft protection service that has touted Equifax’s data breach earlier this year in its recent marketing gives customer information to the credit bureau that got hacked, according to its terms of service.

LifeLock, which began the marketing campaign in September when Equifax (EFX) disclosed the theft of nearly 146 […] Read more

Does Equifax’s Credit Monitoring Service Bar Users From Joining a Class-Action Suit Against Them?

CLAIM

If you sign up for Equifax’s credit-monitoring service, you cannot join any class-action lawsuit against the company.

MIXTURE

RATING

MIXTURE

WHAT’S TRUE

The terms of service for Equifax’s credit monitoring service, TrustedID Premier, say that users give up their right to participate in a class-action lawsuit or arbitration.

WHAT’S FALSE

Those who user TrustedID Premier do not give up their right to participate in a class-action lawsuit or arbitration against Equifax over the 2017 data breach.

ORIGIN

After the credit-reporting company Equifax revealed on 7 September 2017 that a cyber-attack had exposed personal data for 143 million U.S. residents, the company promoted its service TrustedID Premier […] Read more

Scrambling to manage hack backlash, Equifax says new service will give consumers more control of personal data

Equifax will offer a free service starting in January that allows consumers to prevent anyone from accessing their credit files without permission. (Justin Lane/European Pressphoto Agency/EFE)

Equifax, still reeling from a massive hack that exposed sensitive data about 143 million people, said Thursday that it will begin offering a new service next year that gives consumers more control over their data.

The service, to go live by Jan. 31, will allow consumers to “lock and unlock access to their Equifax credit files,” Paulino do Rego Barros Jr., the company’s interim chief executive, said in a Wall Street Journal editorial published […] Read more