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Both standards are confusing and not universally adopted. But both are a necessary baseline to protect merchants and payment companies.
April 10Clearent -
One in four acquirers say that how they approached Payment Card Industry security standard compliance caused them to lose merchant accounts.
March 22 -
A key aspect of the job for security leaders at retailers is to present cyber risk threats to boards and top executives in terms they understand. Bay Dynamics says the best way to do that is through the common language of dollars and cents.
February 14 -
The time banks have to investigate red-flagged credit payments has shrunk from several days to a few hours and fraudsters have already taken notice.
December 29 -
As retailers, banks and technology companies continue to suffer data breaches, issuers and merchants need to take extra care when selecting payment vendors.
December 19Forte Payment Systems -
The payments messaging network Swift has told its client banks that the threat of cyberattacks "is very persistent, adaptive and sophisticated and it is here to stay."
December 12 -
Large banks will soon launch Zelle, their person-to-person payments app. Will it succeed or will it be another name on a growing list of such platforms that never panned out?
December 9 -
Bank of New York Mellon has created a dedicated innovation group for launching new technologies in its treasury services unit.
November 29 -
To jawbone Mexico into paying for the wall, President-elect Trump has threatened to suspend remittances. Such a move would disrupt one of the busiest corridors of money in the world.
November 9 -
Citigroup customers can now dispute credit card charges through its app, one of several mobile enhancements rolled out by the company Wednesday.
November 2