Merchant

As an industry, payment system providers and other IoT systems makers in all stripes and colors need to shift the paradigm and build in tamper-proof security based on their original configuration, writes Assaf Harel, CTO of Karamba Security.

The Cleveland company, once criticized for an initial six-year forecast, now believes it will only take four years to rebuild its tangible book value.

An influential task force established by the central bank envisions a future in which the U.S. has multiple real-time payment systems, and in a new report it lays out a series of actions that will be necessary to stitch them together.

Ingenico's $1.7 billion deal to buy Sweden's Bambora will reduce the company's reliance on brick and mortar retail while arming it for battle in the highly competitive market for digital commerce and payments.

Because of the opaque nature of internet retailing and widely publicized data breaches, security concerns remain a pervasive gating factor to digital commerce. Key to countering this is providing consumers with the tools to monitor and control where their payment credentials are stored online.

The regional bank reported an 8% gain in fee income and trimmed costs amid 1% loan growth.

Ingenico is using acquisitions to build scale and respond to the growth of new technology in the payment services industry.

Like almost everything else related to Amazon's incursion into retail, the company's premium loyalty program has achieved a scale that appears ready to swallow the rest of the industry.

The simplest scams are sometimes the hardest to thwart. Rather than redesign its prepaid card with added security, InComm is redesigning the packaging in a way that should render stolen cards unusable.

Hub brand requirements are modest compared with retail systems. They communicate reputation and trust to a relatively small set of sophisticated firms they hope to serve.