Analytics

The idea of banks becoming Token Service Providers (TSPs) is an increasingly relevant move.

Encryption keys are vital to the secure operation of payment acceptance devices. But key transport protocols have not kept pace with the movement toward standardized encryption practices. This adds cost and complexity to payment infrastructure and processes.

A significant gap remains between the credit scores of women-owned companies and those owned by men, according to a Biz2Credit.com survey.

In the payments industry, tokenization is often portrayed as a new or futuristic security method, better suited for the world of mobile wallets than the era of magstripe cards. But SeatGeak decided early on to make it a cornerstone of its mobile commerce experience.

New requirements and guidance from the Payment Card Industry Security Standards Council will be released to merchants in April, which is about six months earlier than its normal update cycle.

Of all the initials small to mid-sized merchants hear during the digital payments migration—"EMV," NFC," "mPOS"—an older abbreviation may finally pry open the door to widespread payments automation: CRM.

OneMain Holdings is trying to get a better understanding of the subprime business by mixing data analytics and alternative credit scoring.

The Consumer Financial Protection Bureau on Wednesday ordered online payment processor Dwolla Inc. to pay a $100,000 fine for deceiving customers about its security practices — the first action it has taken related to data security.

The U.S. migration to EMV chip cards has been rough, according to U.K.-based Creditcall, which hopes its new certification from First Data can smooth things out.

Citigroup said it agreed to buy American Express’ stockpile of U.S. credit card loans made to shoppers of Costco Wholesale, as the fourth-largest U.S. bank takes over a card partnership with the retailer. Terms were not disclosed.