Payment Security
Tsys and PAX Technology team on EMV certification offering
May 26, 2015 - Tsys (TSS), a leading global payments provider, and PAX Technology, Inc., a global provider of electronic payment solutions, today announced a new semi-integrated solution that can help simplify the EMV certification process.
BNY Mellon launches payments analytics
May 18, 2015 - BNY Mellon, a global leader in investment management and investment services, has expanded its analytical support for treasury services clients with the launch of Payment Analytics.
US shift to EMV gathers momentum
May 4, 2015 - America will have finally completed the shift to EMV chip cards by the end of 2017, according to a trade body set up to push the migration from magstripe plastic.
Swift promises STP Holy Grail with SwiftRef APIs
April 21, 2015 - Financial messaging network Swift has introduced an automated data look-up service that identifies and validates payments reference data in real-time, reducing the time spent by bank back offices in correcting errors resulting from manual repairs and investigations.
17% increase in card fraud losses in Germany - Fico research
May 7, 2015 - New analysis from FICO, the predictive analytics and decision management company, shows that credit card fraud increased last year in Germany.
Payments security groups join forces on chip-education programme
April 30, 2015 - The Payments Security Task Force today joined with the PCI Security Standards Council and the EMV Migration Forum to launch a chip education curriculum and "pre-qualification" program to help streamline and simplify the EMV testing and certification process for Value Added Resellers (VARs) and Independent Software Vendors (ISVs).
MasterCard and IFC tackle financial exclusion
April 17, 2015 - IFC, a member of the World Bank Group, and MasterCard today signed an agreement to establish a risk-sharing facility, which is expected to provide millions of people in emerging markets access to electronic payments, a crucial next step in their ongoing collaboration to increase universal financial access by 2020.
EMVCo Reports 3.4 Billion EMV Chip Payment Cards in Global Circulation
May 6, 2015 - Number of EMV chip cards deployed in 2014 jumps by 1 billion, reflecting 43% year-on-year increase;
Majority of banks are investing in new payments technology - ACI-Ovum research
April 29, 2015 - The overwhelming majority of banks, retailers and billing organisations worldwide are currently investing or planning to invest within the next two years into new payment technologies and infrastructure, a global survey by payments provider ACI and Ovum has revealed.
ACH volume increases to 23 billion payments in 2014
April 17, 2015 - In 2014, ACH volume grew to almost 23 billion electronic payments[1], an increase of almost 5 percent, or 1 billion transactions, over 2013 volume, according to new statistics released today by NACHA — The Electronic Payments Association®.
MasterCard introduces US chip card migration programme for small biz
May 6, 2015 - MasterCard today announced a new campaign to help the approximately nine million U.S. small businesses already engaged in electronic payments prepare for EMV or chip card technology.
SWIFT paper explores the changing landscape of real-time payments
April 23, 2015 - A new research paper by SWIFT assesses the global real-time retail payments systems (RT-RPS) landscape, provides analysis on the key drivers and trends, and identifies the different approaches, barriers to entry and critical success factors. The paper, entitled 'The Global Adoption of Real-Time Retail Payments Systems' highlights two key interlinked themes; the variety of different adoption speeds and the relationship with core drivers which are leading to the adoption of such systems:
PCI Security Standards Council revises PCI DSS
April 16, 2015 - Today, the PCI Security Standards Council (PCI SSC) published PCI Data Security Standard (PCI DSS) Version 3.1 and supporting guidance.
