Keeping fraud, policy misuse and waste in check when it comes to corporate card programs can be quite the grueling and costly task. In fact, on average, companies attribute 3-5 percent of their annual spend to fraud, waste, and misuse, says Manish Singh, Vice President...
Say what you will about Apple, but when it throws one of its product rollout parties, almost everyone wants to play. With Apple’s first official step into mobile payments Tuesday (Sept. 9) and the unveiling of Apple Pay, few in payments wanted to be excluded....
TSYS’ enterprise tokenization initiative is just the latest step in its march to helping its issuing and merchant clients run their businesses more efficiently. Paul Bridgewater, TSYS Group Executive, Global Product & Innovation says that tokenization and keeping data secure is just one of the...
Most of the largest retailers have moved to EMV-based systems, but smaller businesses are well behind. And of those that have embraced the chip card standard, most also are including Near Field Communication chips in the terminals, executives at terminal manufacturer VeriFone Systems Inc. noted...
MasterCard announced that it has selected the first class of 7 European start-ups to develop innovative commerce solutions as part of the inaugural MasterCard Start Path accelerator class, according to a company release.
Amazon’s been in the market for about a month with its mPOS solution and theories abound about the impact that it will have on the mPOS ecosystem. Eric Hoffman, SVP and U.S. General Manager for ROAM is pretty bullish on the opportunities that it will...
Today, MasterCard is launching a ground-breaking program in Nigeria with the cooperation of the Nigerian government. This program uniquely combines a national ID card with electronic payments. Daniel Monehin, MasterCard’s Division President for Sub-Saharan Africa, sat down with MPD CEO Karen Webster to discuss why...
Don’t think of prepaid products as only for the unbanked, or even the unhappily banked, says Chuck Harris, President at NetSpend. He’d prefer to think of it as a tool for the “self-banked” - those people who like and need the flexibility that stored value...
ATM cash planning requires a delicate balance of having enough cash on hand to satisfy consumers but not so much that banks can’t put extra cash to work. Models can help, says TSYS Deputy Director General for Moscow Andrei Povarov in a recent interview with...
