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The National Security Agency's PRISM surveillance program has sparked a major outcry over phone monitoring, but the less-publicized government accumulation of credit card and other payments data can provide far more granular intelligence, according to payments experts.
June 10 -
Microsoft confirmed that the company will eliminate Microsoft Points, its digital currency, in favor of pricing digital content in local currencies.
June 10 -
MasterCard will make the card network's Expert Monitoring Fraud Scoring for Merchants available to Kount's merchant clients.
June 10 -
Manufacturers of PIN entry devices have received updated Payment Card Industry security requirements.
June 10 -
American Express and ShopRunner are promoting a system designed to mitigate online 'cart abandonment' as more e-commerce moves to mobile devices.
June 10 -
Tango Card is pitching its online gift card platform as a way to let big companies provide small-dollar awards to their employees.
June 10 -
Leading into Apple's annual Worldwide Developers Conference, starting Monday in San Francisco, a patent application surfaced that provides fresh details on Apple's approach to mobile payments.
June 7 -
Mobile payments company, Boku Inc. and PlayJam, which provides a platform for games on televisions, are working together to allow consumers to make purchases on smart TVs.
June 7 -
Though Apple doesn't have a dedicated mobile wallet, its plans for mobile payments are at least as old as the iPhone itself. Here is a rundown of the many ideas Apple has explored in its mobile payment patents.
June 7
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The data security risk that accompanies the growth of electronic commerce can be met by surgical removal of the data itself, Chase Paymentech says.
June 7 -
Three years ago, Visa executives told investors that one of their goals was to enter new businesses, but Visa CEO Charlie Scharf, who joined the company in October, says that is no longer the case.
June 6 -
Mobile payments worldwide will grow significantly in transaction volume and value in 2013, but Near Field Communication payments won't be part of that momentum in North America, according to new Gartner research.
June 6 -
MasterCard has approved a pair of EMV-chip cards jointly developed by Inside Secure and CPI Card Group.
June 6 -
July Systems provides tools for merchants unfamiliar with programming to put together revenue-generating mobile experiences with a hint of social media and a dash of mobile commerce.
June 6 -
Law enforcement officials have arrested 11 people suspected in a $200 million global credit card fraud operation, according to the Serious Organized Crime Agency, a unit of the British government.
June 5 -
VeriFone is blunt about the issues plaguing the terminal maker and is working to restore its customers' confidence as it seeks a permanent chief executive.
June 5 -
Signature Card Services will give away EMV-enabled point of sale terminals to client merchants in the U.S. in an attempt to ease the transition to the chip-card standard.
June 5 -
Visa is aggressively building its presence with mobile point of sale vendors in an effort to attract the merchants that still don't accept electronic payments and rely heavily on cash and checks.
June 5 -
Check has partnered with Alltel Wireless, allowing Alltel customers to track and pay bills on their smartphones with Check's Money & Bills app.
June 5 -
Kuapay has finished a design upgrade and enhancement to its mobile wallet that borrows from the pastconsumers see actual images of cards and coupons when looking at the screen
June 5
