Technology

Spire Payments’ point-of-sale terminals will be available to merchants in Australia through a partnership with independent sales organization Keycorp Services Ltd.

The Chinese online payment provider Alipay has added a number of security products from CyberSouce, a Visa-owned e-commerce management provider.

The PCI Security Standards Council's hacker-inspired data mapping plans are crucial to protecting super-interconnected enterprise systems.

MasterCard is adding SumAll's data tools to the card network's Simplify Commerce platform in an effort to provide small merchants with options that might otherwise be out of their reach.

Brooklyn is teeming with New York natives and tourists alike, and the borough's merchants sometimes struggle to keep up with the activity. Several are using mobile point of sale systems from companies like ShopKeep to cut through the chaos.

Many of the payments industry's longtime veterans and new entrants started their careers in other industries or founded their companies with a different purpose in mind. Here are some highlights from the many diverse career paths in the payments world.

On Track Innovations' (OTI) contactless readers have received certification from the mobile wallet venture Isis, which recently launched its Near Field Communication-based payment system nationwide.

Web commerce provider Digital River will supply online payments technology for HarperCollins, which has recently redesigned websites for author C.S. Lewis.

Payment technology provider Yespay and retail services company PMC are partnering to build mobile payment products for retailers.

Rather than simply continuing to absorb the losses from account takeover attacks, institutions should be reevaluating the effectiveness of their authentication methods and increase security to better prevent fraud.