Want to know where the chargebacks are coming from? Clearwater, Fla.-based Chargebacks911, which runs a chargeback-mitigation service, has ranked the top five U.S. cities in terms of chargeback rates, placing a ZIP code in Show Low, Ariz., with a 2.2% rate, at the top. The study of 500,000 chargebacks of …

  Want to know where the chargebacks are coming from? Chargebacks911 has ranked the top five U.S. cities in terms of chargeback rates, placing a ZIP code in Show Low, Ariz., with a 2.2% rate, at the top. The study of 500,000 chargebacks of e-commerce transactions made in 2013 indicates …

By Jim Daly President Barack Obama on Friday signed an executive order committing the federal government to offer and accept Europay-MasterCard-Visa- (EMV) chip cards. A retailer trade group quickly praised Obama for endorsing the chip-and-PIN variety of EMV when others in the payment card industry would make do with chip-and-signature …

  Payment card data remains a top target for criminals, but personally identifiable information, such as birth dates and addresses, is growing in favor among them, finds the 2014 edition of the Trustwave Global Security Report. Based on an analysis of 691 data-breach investigations conducted in 2013 by Chicago-based security-services …

  A historical shift in how some federal financial law-enforcement agencies view the payments industry is under way, and it’s not one that bodes well for the industry, Jason Oxman, chief executive of the Electronic Transactions Association, told attendees at the Southeast Acquirers Association conference this week in Atlanta. Dubbed …

Trustwave Holdings Inc., the leading provider of Payment Card Industry data-security standard (PCI) services to merchants, on Monday became the target of a lawsuit arising from the massive data breach at Target Corp. The suit, filed in U.S. District Court in Chicago by two banks, claims negligence on the part …

  Consumers carrying around the next-generation Samsung Galaxy S5 smart phone will be able to use PayPal with a tap on the device’s biometric sensor. The smart phone, scheduled for release in April, will have a fingerprint sensor that enables consumers to use their online PayPal accounts to pay for …

Tom Donlea Though separated by many differences, large and small merchants share a common problem: insufficient data to help decide whether to approve an online transaction. Here’s one way to fix that. The rapid growth of e-commerce has truly revolutionized consumer behavior. Businesses now have a broader reach to a …

The number of credit and debit cards compromised in 2013’s data breaches was on track by mid-December to be more than double the number of cards compromised in 2012, but then along came Target Corp.’s massive breach that exposed 40 million more. Thus, the Identity Theft Resource Center now estimates …

Target Corp. on Friday said personal data on 70 million customers were compromised in a separate theft during the same data breach it disclosed last month that exposed up to 40 million credit and debit card accounts of U.S. shoppers. That could bring the total number of customers affected up …