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....
View ArticleWindows 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...
View ArticleData 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,...
View ArticleFraudulent 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...
View ArticleHIPAA 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...
View ArticleNew 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,...
View ArticleFuture 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...
View ArticleIntrade 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...
View ArticleEMV 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,...
View ArticleUK 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...
View ArticleDiscover 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...
View ArticleNigeria: ‘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...
View ArticleBanks 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...
View ArticlePaypal: 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...
View ArticleVisa 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...
View ArticleSift 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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