Analytics

LiveVox Inc., the leading provider of cloud contact center solutions for enterprise operations, announced Tuesday that John McNamara, LiveVox Chief Marketing Officer, will join veteran operations and strategy leaders on a panel at the 2013 Financial Services Credit and Collections (FSCC) Conference in Chicago.

Oberthur Technologies is joining the Fast Identity Online Alliance as a member of the FIDO board of directors.

Gun sellers, medical marijuana shops, pornography sites, bitcoin exchanges and mug-shot galleries share a common stigma — many payments companies refuse to do business with them, whether or not they run afoul of the law.

Visa Europe has secured the services of Conferma to provide its issuing banks and payments partners with technology that can provide virtual account numbers for business travel customers.

WASHINGTON — The quality of syndicated credits took a step backward last year as underwriting of highly leveraged borrowers weakened, regulators said Thursday.

Security can be an expensive, time-consuming investment for small merchants, and most have a mindset that security hacks won't happen to them. But independent sales organizations must take an active role in protecting even the merchants that don't want to be protected.

Jumio Inc. has expanded its ID scanning technology to support Apple and Samsung's digital wallets, enabling scanned payment cards to be used within other mobile apps.

PayPal is developing a new checkout process for its mobile app, allowing users to scan a QR code or type a PIN at the point of sale to authenticate purchases made with its cloud-based mobile payment app.

Delinquent mortgage loans fell nationally in the second quarter ended June 30, with the number of seriously delinquent borrowers following 7% at the GSEs - the lowest mark reported since Fannie Mae and Freddie Mac entered conservatorship.

Tyfone Inc. has added Acculynk’s Payzur person-to-person payment capability to the mobile banking application it supports at Boulder Valley Credit Union.

Arroweye Solutions is launching an EMV chip-card customization platform called EMV On-Demand.

South Korean mobile payment provider Danal will partner with biometric technology provider Crucialtec to develop an app for mobile payments in South Korea, and eventually in China and the U.S.

Card processor Pivotal Payments and data analytics vendor Womply are partnering to offer Pivotal Merchant Insights, which provides small businesses a way to analyze payments trends alongside their online and social media reputations.

The Republic of Kenya is among the latest countries to make the move to EMV-chip cards, as its local banks and processors mount an ambitious campaign to transition the smart-card standard by early next year in a move to combat fast-rising fraud.

MasterCard has become the first payment network to join the Fast IDentity Online Alliance, which aims to improve online payment security through the use of common technology across browsers, applications and servers.

Visa Inc. and MasterCard Inc. don’t infringe a patent owned by SmartMetric Inc., a company that had sought as much as $13.4 billion for alleged use of its technology in “smart” debit and credit cards.

The U.S. Postal Service defaulted on a $5.6 billion payment for retiree health benefits that was due Monday.Postmaster General Patrick Donahoe told the Senate Committee on Homeland Security and Government Affairs last month that the default was going to happen.

The only way for the payments industry to thwart future hackers is to create a system that can adapt quickly to unanticipated threats – but many companies still struggle with the costs of handling their basic security needs.

The original iPhone revolutionized consumer technology and breathed life into the market for mobile payments — but the newest iPhone's most futuristic feature may signal a growing problem for banks and card networks.

Bad guys are very good at sharing technology and systems that work with other criminal networks — and payments companies can suffer if they embrace the same technology without realizing how it is being exploited.