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Payment infrastructure systems provider Pay.On plans to combine its distribution network with that of fraud prevention specialist Kount.
February 6 -
Corporate payment provider Wex is already laying the groundwork for 2015, when it plans to use the ExxonMobil fleet payments program to jump-start its efforts in the large network of European countries that comes with the new product.
February 5 -
MasterCard has named Tim Murphy as its new general counsel and chief franchise officer.
February 5 -
The number of fraud victims is dramatically increasing, indicating that consumers and the payments industry as a whole have to become more vigilant in their security, new research says.
February 5 -
Target Corp. will move toward EMV smartcards and chip-and-PIN technology at least six months sooner than the card networks' October 2015 timeline for the security measure, says John Mulligan, Target's chief financial officer.
February 4 -
Federal legislation is needed to enhance cyber-threat information sharing so that good-faith responsive actions and information sharing will not trigger legal liability.
February 3
Financial Services Roundtable -
Congress is hearing two sides to the story about the role the card networks' Payment Card Industry data security standard has in fighting fraud.
February 3 -
American Express Co. said it might scuttle its settlement with retailers over credit-card swipe fees if some businesses continue trying to pursue legal challenges to the company's rules.
February 3 -
Clinkle, the well-funded mobile payments startup staffed by former executives of PayPal, Netflix and other e-commerce companies, appears to have had data leaked from its person-to-person payments app, exposing personal information and photos of some of the company's employees.
January 31 -
The central bank of Estonia, where Swedish banks dominate the lending market, urged consumers to steer clear of Bitcoin and similar virtual currencies, warning such software could prove to be little more than a "Ponzi scheme."
January 31
