Thursday , November 21, 2024

Search Results for: data security

Fraud-Weary Europeans Look Forward to the U.S. EMV Liability Shift

Stolen European payment card numbers and related data are popular imports in the U.S. black market, which is why European bankers, merchants and data-protection executives are looking forward to America’s EMV chip card liability shift that takes effect Thursday. That’s the word from Jeremy King, international director of the Wakefield, …

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Regulators Try To Catch Up With Swiftly Changing Payments Technology

By Jim Daly New York has its new BitLicense and California is actively looking at regulations for virtual currencies, but the organization that promotes uniform state laws is working on a prospective law that would guide regulations for alternative and mobile payments. The Chicago-based Uniform Law Commission (ULC) created its Alternative …

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With EMV Looming, a Tool Emerges To Simplify Integrations with POS Systems

Managing the integration of EMV payment acceptance into point-of-system software can be replete with nuances unfamiliar to many developers. That’s where a product announced Tuesday by two payments companies working jointly could assist. Seattle-based independent sales organization Gravity Payments Inc. has teamed with Creditcall Ltd., a United Kingdom-based transaction gateway …

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Android Pay Arrives, Ready To Displace Old Google Wallet Memories

Google Inc.’s latest foray into mobile payments made its way to the public Thursday when the technology giant announced the release of Android Pay. Available only on smart phones and tablets enabled for near-field communication (NFC) and using the KitKat4 or later operating system, Android Pay enables consumers to load …

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Card Manufacturer’s IPO Filing Opens a Window Into the U.S. EMV Conversion

The conversion of U.S. general-purpose payment cards to the EMV chip card standard is providing windfalls for all sorts of card-industry vendors. A new example comes from the big plastic card manufacturer CPI Card Group Inc., which has filed for a possible initial public offering of stock. EMV cards accounted …

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Under Payments Vet Averett, AcceptEmail Brings Email-Based Bill Pay to the U.S.

AcceptEmail Inc., an Amsterdam-based bill-payment company, is bringing its service to the United States, and has hired a former bill-payment executive to head its North American efforts. Demand for faster payments and the ability to make mobile bill payments aids AcceptEmail’s North American push, says Peter Kwakernaak, chief executive of …

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Country Music Singer Hopes To Shed the Blues Through Mobile Payments

An unlikely panelist showed up Wednesday at the Fall 2015 Mobile Payments Conference in Chicago: country music singer and songwriter Rick Monroe, who urged his listeners to get down and get to work on apps that can help musicians sell songs and merchandise. “Mobile has become a way for artists …

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The Complexities of Mobile

Payments 3.0 The rate of adoption of in-store mobile-phone-based payments is a critical issue facing merchants. How best to respond to it is a complex problem with some major unknowns. Recent studies indicate that nearly half of consumers would prefer to use their own mobile device when shopping in a …

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Where EMV Certification Is a Big Headache

By Kevin Woodward The complexity and multiple configurations of POS systems have some merchants and vendors mired in delays. As the U.S. payment card industry hurtles toward its EMV destiny on Oct. 1, the process for certifying EMV-compliant point-of-sale terminals is moving along well, albeit with one exception. That exception …

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One Tap, Many Questions

  In-app payments appear to be the long-sought answer to dismal conversion rates on mobile devices. But are consumers as comfortable with this payment method as many may think? In-app payments, long used by mobile-gaming companies to enable consumers to buy digital goods, suddenly gained more notoriety following the 2014 …

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