Complete Archive
PCI Council's Latest Mobile Guidance Doesn't End Freeze on App Approvals
May. 16, 2012 - The PCI Security Standards Council on Wednesday published guidance on how merchants can accept card payments through smart phones and tablet computers while protecting sensitive cardholder data. Th...
May. 16, 2012 - The PCI Security Standards Council on Wednesday published guidance on how merchants can accept card payments through smart phones and tablet computers while protecting sensitive cardholder data. Th...
Payments Players Start to Look to EFT to Speed up P2P Transactions
May. 16, 2012 - Internet PIN-debit technology provider Acculynk Inc. this summer will start a pilot for a person-to-person payment system that will rely on PIN authentication and debit card network links for money...
May. 16, 2012 - Internet PIN-debit technology provider Acculynk Inc. this summer will start a pilot for a person-to-person payment system that will rely on PIN authentication and debit card network links for money...
In Wake of FBI Report, Bitcoin Backer Says Benefits Outweigh Risk of Criminal Use
May. 15, 2012 - A Federal Bureau of Investigation report warning that criminals could use the electronic currency Bitcoin for money laundering and other illicit activities does not reflect the majority of activiti...
May. 15, 2012 - A Federal Bureau of Investigation report warning that criminals could use the electronic currency Bitcoin for money laundering and other illicit activities does not reflect the majority of activiti...
Errors Plaguing Online Bill-Payment ‘Sausage Factory’ Total $720 Million in Costs
May. 14, 2012 - Those missing account numbers or little typos consumers make when paying bills can cost billers and others in the payments chain big bucks to fix. A recent study for automated clearing house govern...
May. 14, 2012 - Those missing account numbers or little typos consumers make when paying bills can cost billers and others in the payments chain big bucks to fix. A recent study for automated clearing house govern...
Veridian Will Be First Institution to Switch on Dwolla’s Real-Time Transfer System
May. 10, 2012 - Dwolla Corp. announced this week that Veridian Credit Union, Waterloo, Iowa, will be the first financial institution to use a system for real-time funds transfer that Dwolla ...
May. 10, 2012 - Dwolla Corp. announced this week that Veridian Credit Union, Waterloo, Iowa, will be the first financial institution to use a system for real-time funds transfer that Dwolla ...
Major Merchant Backing, with Rewards, Helps Fuel Surge in ACH-Based Debit
May. 9, 2012 - An obscure transaction code used by the automated clearing house network for debit card payments is surging as major merchants adopt the payment method and offer significant rewards to customers wh...
May. 9, 2012 - An obscure transaction code used by the automated clearing house network for debit card payments is surging as major merchants adopt the payment method and offer significant rewards to customers wh...
Late to the Wallet Wars, MasterCard Unveils a Service It Touts As Open, Flexible
May. 8, 2012 - Nearly a year after major U.S. rivals introduced mobile wallets, MasterCard Inc. officially entered the market on Monday with a service that aims to trump competing products by being open to a wide...
May. 8, 2012 - Nearly a year after major U.S. rivals introduced mobile wallets, MasterCard Inc. officially entered the market on Monday with a service that aims to trump competing products by being open to a wide...
Visa Doubles Floor Limit for Credit And Debit at Grocery, Discount Stores
May. 7, 2012 - Visa Inc. in October will double the current $25 purchase limit in its Visa Easy Payment Service to $50 under which no signature or PIN entry will be required for credit and debit card transactio...
May. 7, 2012 - Visa Inc. in October will double the current $25 purchase limit in its Visa Easy Payment Service to $50 under which no signature or PIN entry will be required for credit and debit card transactio...
Big-Box Retailers Like Wal-Mart Remain Wary of Network EMV Plans
May. 6, 2012 - There’s no federal edict to replace fraud-prone magnetic-stripe credit and debit cards with the more secure EMV chip card, but the payment card networks have unveiled various plans in the past ye...
May. 6, 2012 - There’s no federal edict to replace fraud-prone magnetic-stripe credit and debit cards with the more secure EMV chip card, but the payment card networks have unveiled various plans in the past ye...
Interlink Takes a Hit While Antitrust Officials Investigate Visa
May. 3, 2012 - Visa Inc.’s pricing plans for merchant acquirers in the wake of the Durbin Amendment have generated controversy in the acquiring industry, and now they’re attracting scrutiny from the U.S. Depa...
May. 3, 2012 - Visa Inc.’s pricing plans for merchant acquirers in the wake of the Durbin Amendment have generated controversy in the acquiring industry, and now they’re attracting scrutiny from the U.S. Depa...
MasterCard Reports a Strong Quarter for Debit, Takes Issue with Fed’s Durbin Update
May. 2, 2012 - MasterCard Inc. on Wednesday posted continued strong growth in debit cards during the first quarter, including in fee revenue. The No. 2 U.S. card network also took issue with the findings of a Fed...
May. 2, 2012 - MasterCard Inc. on Wednesday posted continued strong growth in debit cards during the first quarter, including in fee revenue. The No. 2 U.S. card network also took issue with the findings of a Fed...
A ‘Hard Core’ of Check Users Likely to Resist Inducements to Convert to E-Payments
May. 1, 2012 - For years, the growth of electronic payments has been fueled by the conversion of check writers into card users at the point of sale, but now those days may be coming to an end. Research, as well a...
May. 1, 2012 - For years, the growth of electronic payments has been fueled by the conversion of check writers into card users at the point of sale, but now those days may be coming to an end. Research, as well a...
Off to a Slow Start, a Database of Terminated ACH Originators Might Gain Traction Soon
Apr. 30, 2012 - ...
Apr. 30, 2012 - ...
Microsoft, NACHA, And Others Outline Legal Tools Used to Disrupt Zeus Botnet
Apr. 30, 2012 - Microsoft Corp. used a trio of legal tools last month to raid an alleged cybercrime operation that had been using the infamous Zeus virus to steal funds and data from the financial-services industr...
Apr. 30, 2012 - Microsoft Corp. used a trio of legal tools last month to raid an alleged cybercrime operation that had been using the infamous Zeus virus to steal funds and data from the financial-services industr...
Most Acquirers Support EMV Programs, But April 2013 Deadline Has Them Nervous
Apr. 27, 2012 - The re-terminalization of the merchant point of sale to accept EMV chip cards could generate more than $6 billion in revenues for independent sales organizations and other merchant acquirers, but t...
Apr. 27, 2012 - The re-terminalization of the merchant point of sale to accept EMV chip cards could generate more than $6 billion in revenues for independent sales organizations and other merchant acquirers, but t...
Startup Spindle Launches RhinoPay for Vending And, Ultimately, P2P Transactions
Apr. 26, 2012 - The market for card-based vending machine purchases has hit some turbulence over the past year, but new competitor Spindle Inc. says the niche still has plenty of long-term opportunities. ...
Apr. 26, 2012 - The market for card-based vending machine purchases has hit some turbulence over the past year, but new competitor Spindle Inc. says the niche still has plenty of long-term opportunities. ...
Google Starts Selling a Wallet-Equipped Smart Phone Directly to Consumers
Apr. 25, 2012 - Google Inc. breathed a bit of new life into its struggling Google Wallet franchise on Tuesday with the announcement that it is releasing directly to the public a new Android-powered phone that feat...
Apr. 25, 2012 - Google Inc. breathed a bit of new life into its struggling Google Wallet franchise on Tuesday with the announcement that it is releasing directly to the public a new Android-powered phone that feat...
Rollover for more Info