Technology
Technology
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In much the same manner as banks use red dye packs to explode in stacks of stolen money, payment network providers expect tokenization will sabotage any hacker's attempts at data theft. But will their investment pay off, or will it disappear in a puff of smoke?
August 29 -
EMV is no stranger to the news cycle, with the card network 2015 liability shift approaching for many U.S. businesses.
August 29 -
Drync, a wine-related software developer, is using Google Wallet to distill the complex process of shopping for wine from a mobile app.
August 29 -
Bitcoin wallet and merchant services provider Coinbase has insured the bitcoins it holds against theft and loss.
August 28 -
At first glance, it might seem discouraging that eBay and PayPal each list only one woman on their respective executive leadership teams, but to Sarah Hodkinson, director of offers and marketing at PayPal, "looking at leadership in such a narrow, title-driven way is a mistake." In truth, 42% of eBay's employees are women, including 28% of its leaders.
August 28 -
A bulletin from the Consumer Financial Protection Bureau outlining new policies for mortgage servicing transfers has the industry on alert for another possible round of rulemaking coming down the pike.
August 28 -
First Data India is leveraging Roam's mobile platform to launch its own branded chip-and-PIN mobile card reader in the country.
August 28 -
Card data security has to become a 24-hour priority for businesses, not just when PCI compliance assessors come around for annual checkups, according to the Payment Card Industry Security Standards Council.
August 28 -
Imagine arriving at an international airport and one of the first greetings you get is from your bank, welcoming you to the new country and saying where to find free ATMs.
August 28 -
Amazon's launch of a mobile card reader should force many mobile point of sale companies to reevaluate whether their own offerings are distinct enough to ensure their survival.
August 28 -
Computer hackers targeted JPMorgan Chase & Co. and at least four other banks in a coordinated attack on major financial institutions this month, according to a U.S. official.
August 27 -
Amadeus, a payments vendor for travel companies, has integrated UnionPay credit and debit cards into its platform.
August 27 -
WEX, a corporate payment provider, has signed an agreement to provide its Virtual Credit accounts payable platform to Zibrant, a U.K.-based events management company.
August 27 - PSO content
The lazy, hazy days of summer appear to have no effect on cybercriminals. If anything, they seem to be emboldened to conduct more attacks.
August 27 -
Josh Rossi is best known for starting the first Satoshi Square, a gathering of Bitcoin enthusiasts who trade the virtual currency for cash in New York City's Union Square, in 2013. He has since brought his ideas to new companies and new parts of the world.
August 27 -
Square is seeking to gain about $200 million in funding, with part of that coming from the Government of Singapore Investment Corporation, according to CNBC.
August 27 -
According to Javelin Strategy & Researchs 2014 Identity Fraud Report, 13.1 million consumers became a victim of identity fraud in 2013the second highest level on record. This means that 5% of the U.S. population is now being affected by identity fraud every year.
August 27 -
Jamie Topolski, the new director of alternative payment strategies for the Output Solutions division of Fiserv, expects that the U.S. migration to EMV will take as many as 10 years to complete.
August 27 -
Nacha, the electronic payments association, has stepped up scrutiny of the automated clearing house network in an attempt to weed out fraudulent charges.
August 26 -
Square Cash, a person-to-person payment service Square launched in October 2013, has been redesigned to become more useful as an app-based product.
August 26


