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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.
October 11 -
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.
October 9 -
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.
October 8 -
Tyfone Inc. has added Acculynks Payzur person-to-person payment capability to the mobile banking application it supports at Boulder Valley Credit Union.
October 7 -
Arroweye Solutions is launching an EMV chip-card customization platform called EMV On-Demand.
October 7 -
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.
October 7 -
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.
October 7 -
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.
October 4 -
Visa, MasterCard and American Express are seeking ways to replace account numbers for digital payments. As they research possibilities, they can learn from the many existing and developing technologies that already accomplish much of what the card networks want.
October 4
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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.
October 3
