Payment Security
Surprise! Apple makes payments play
September 10, 2014 - After weeks of rumour, hype and speculation, Apple has made its long-awaited entry into the payments business with a compelling mix of NFC technology, tokenisation, biometrics and must-have mobile form factors, including the new iPhone 6 and forthcoming Apple Watch.
Federal Reserve inches towards faster payments
September 5, 2014 - America's Federal Reserve Banks are moving ahead with plans to improve the country's payment infrastructure, promising to publish a roadmap in the coming months that could eventually lead to a faster payments system.
UPS becomes latest data breach victim
August 21, 2014 - Package delivery giant UPS has become the latest company to admit that customer payment card details may be at risk after it discovered malware at 51 of its US stores.
Bindo launches EMV card reader for cloud-based POS system
August 7, 2014 - Bindo, a leading retail technology company that aims to close the gap between selling offline and online for retail store owners, today announced the launch of a mobile EMV credit card reader for its cloud-based iPad point-of-sale (POS) system.
MCX unveils CurrentC m-commerce network
September 3, 2014 - Merchant Customer Exchange (MCX), the mobile commerce joint venture put together by some of America's biggest retailers, has finally unveiled its payment network, promising a commercial launch next year.
US migration to EMV gathers momentum
August 13, 2014 - More than 575 million US payments cards will feature EMV chip security by the end of next year, according to a trade body set up to push the migration from magstripe plastic.
PCI security council cautions on third party guidance
August 7, 2014 - Businesses are rapidly adopting a third-party operations model that can put payment data at risk.
Alipay and Huawei team on fingerprint-based mobile payments
September 2, 2014 - China's Alipay has teamed up with handset maker Huawei to develop a system which lets people make mobile payments with their fingerprints.
Global retail bank IT spend to soar - Ovum
August 8, 2014 - Global retail bank IT spending is to set to rise 19.9% over the next four years to hit $150 billion in 2018, according to figures from Ovum.
US retail lobby calls for open standards for tokenisation
August 4, 2014 - Today, the Food Marketing Institute, Merchant Advisory Group, National Association of Convenience Stores, National Grocers Association, National Restaurant Association, National Retail Federation, and Retail Industry Leaders Association released the following statement on tokenization technology in the United States:
Sequent Software receives one-touch m-payments-related patent
August 26, 2014 - Sequent Software, the world's leading provider of digital issuance and open wallet platform-as-a-service, announced today that it has been awarded a key patent for simplifying mobile payments and enabling fast and seamless transactions at merchants through the "One Tap" mobile payments functionality.
Visa analytics cut fraud at the pump
August 7, 2014 - Visa Inc. (NYSE:V), the global leader in payments, is helping U.S. fuel retailers prevent credit and debit card fraud at the pump with intelligent analytics that identify higher-risk transactions that may be fraudulent.
European card fraud losses hit new high - Fico
August 4, 2014 - FICO, a leading predictive analytics and decision management software company, today published its latest map of card fraud in Europe, showing that card fraud losses in 2013 for the 19 European countries studied reached €1.55 billion.
