EMV has long been touted as a superior solution for controlling fraud at the physical point of sale, but critics say that it just moves fraud online where EMV is totally ineffective. However, a new analysis of the EMV migration in the U.K. points to...
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EMV, as commentators have noted, affects not only hardware and software, but every card payment system, device and application. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Fueled by buzz generated from a savvy early partnerships with Apple and Microsoft, and a loyal customer base willing to delay purchases to cash in on promotions, Kirkland, Washington-based startup Pirq enjoyed a rash of success in early 2012 as a viable competitor to Groupon...
21 November 2013 Payments, savings, borrowing, insurance, these services form the backbone of our daily activities, allowing buyers and sellers to generate income, save for large purchases and guard against potential risks to these plans. Yet, for nearly 3 billion global consumers across the globe,...
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Online and mobile commerce continue to be beset by issues relating to authentication, despite a variety of exciting solutions on the market. With so many options, how can businesses ensure they are selecting a technology that protects their assets, their customers and the online and...
Tokenization has been lauded as a superior way to address online fraud, one that could enable future innovators to bring unparalleled security to the payments ecosystem. Still, despite its promise, confusion about tokenization remains. To bring clarity to this conversation, we spoke with Alex Pezold,...
It’s a sobering reality: Despite all the advances that eliminate friction in commerce, banks still struggle to serve poor and often remote populations. Barriers exist due to the limitations of existing electronic payments networks, a lack of awareness, and perhaps most importantly, a gap in...