June 27, 2006
Digital Transactions: In a bid to help online merchants satisfy card-data security rules, CyberSource Corp. has launched a payment data-management solution that keeps merchants from inadvertently storing payment data. Like ATM Direct, a Pay By Touch subsidiary, CyberSource is getting in on the online-payments game. CyberSource and Pay By Touch seem to always find themselves in a competitive stance. In December, Pay By Touch outbid CyberSource during the CardSystems buyout.