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Do Mobile Payment Solutions Work for Small Businesses

CPA Practice Advisor recently reported on the trend to more mobile technology, including mobile payments. This is a new trend, and it is also one with different pros and cons than traditional methods....

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Windows XP End of Life Affects PCI Compliance

Storefront Backtalk recently reported on how the end of Windows XP will affect retailers who are concerned about PCI compliance. The end of this system will change things for those running XP. These...

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Data on Card Complaints

Fox Business recently reported on an analysis done by CreditCard.com regarding complaints against major credit card companies. The analysis was done on data from 2012 involving complaints by customers,...

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Fraudulent Online Transactions

Recently Internet Retailer reported on a study conducted on fraud in electronic payments around the world. Internet Retailer states that according the the tech company iovation, Africa had the highest...

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HIPAA and PCI Compliance

Data Knowledge Center recently reported on the issues of PCI compliance and HIPAA. It is important that healthcare providers realize these two are not merely interchangeable. HIPAA compliance is...

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New Report on Payments Industry

Those who are concerned about the future of the payments industry may be interested in what Venture Beat recently reported on. The site recently talked about a report from the Payments Innovation Jury,...

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Future of E-Commerce in Egypt

Wamda recently reported on e-commerce in Egypt and how it is beginning to change. It is not surprising that e-commerce companies in Egypt still have a lot of challenges to face. Some of the issues they...

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Intrade Halts Service

Bloomberg recently reported on the site Intrade, which is an online service that lets individuals place bets on different events including elections, weather. The site halted activity this week stating...

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EMV Cannot Come Fast Enough to US: Three Arrest for Credit Card Scheme

Three men have been indicted by a Hamilton County, Ohio, grand jury in connection with a complex credit card fraud scheme that reaches to China. The three men–26 year old Christopher Grier of Indian,...

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UK Bans ‘Excessive’ Surcharge Fees for Card Processing, US May Follow

The UK has banned “excessive” surcharge fees for payments processed with credit or debit cards. According to The Guardian, the new ban went into effect on Saturday and requires that surcharges reflect...

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Discover Will License EMV Chip and PIN Tech to US Debit Card Networks

Credit card brand Discover will license its EMV “Chip and PIN” card technology to ten debit card networks in the United States. According to Finextra, the debit networks AFFN, ATH, CO-OP Financial...

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Nigeria: ‘National Identity Smart Cards’ Combine ID and MasterCard

Nigeria is plunging ahead with its plans to introduce electronic payments as an alternative to cash in the form of “National Identity Smart Cards” that serve as both a national identification card and...

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Banks Push to Ban Retailer Surcharges for Credit Card Transactions

State lawmakers are being pushed by banks and payment networks to ban retailers from adding an additional charge to credit card transactions, reports Bloomberg. These fees with make credit card...

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Paypal: Physical Credit Cards Going Away in Australia, Visa Disagrees

Paypal is claiming that by 2018, a mere 5 years from now, Australia will no longer be using physical credit cards for purchases. Global Vice President for Paypall Hill Ferguson believes that it will...

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Visa and MasterCard Chose Not to Back out of Fee Settlement

Visa Inc. and MasterCard Inc. will follow through with a multibillion-dollar antitrust settlement with numerous U.S. merchants, even though enough retailers declined to participate in the class action...

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Sift Science Developing Cloud Software to Prevent Credit Card Fraud

Sift Science is working on the ongoing development of software intended to allow small to medium-sized online businesses protection from fraudulent transactions, according to Xconomy.Companies like...

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