First it was Target and the world was shocked at how easy it was for a massive number of cards to be stolen. Then there was Michaels, P.F Chang’s, Home Depot and Staples (among many others) and 2014 is the year of the data breach,...
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The Central Bank in Ecuador is trying to launch a national mobile payment scheme that is designed to handle B2B transactions (along with P2P, top-up, cash in and out, in-store purchases and electronic receipts), deliver a very low rate (a $50 charge costs four cents,...
Boost Intercept, the B2B platform from Boost Payment Solutions, is seeing sharply growing demand among commercial card issuers, third party processors, corporate payers and suppliers the product is designed to eliminate the need for suppliers to manually process transactions or access card data, expediting reconciliation...
Nobody in the real world likes failure. When new business ventures are launching, entrepreneurs talk about the great and potent success they plan to enjoy, not the many valuable lessons they will learn in the wake their inevitable failure – a reality is that 99.99...
‘Tis the season for making our lists and checking them twice, to determine which ledgers have been naughty and nice. Earnings’ seasons is here again and payments players didn’t disappoint, reporting the traditional profits and losses and then talking with financial analysts to calmly and...
The state of Georgia is in some hot water after failing to correctly manage its WIC program—a public assistance federal food initiative that helps provide balanced nutrition for mothers and young children. According to reports, Georgia’s myriad errors in running the statewide WIC program resulted...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
The new pricing schedule for token fees released by MasterCard in August initially was met with questions and consternation by outside observers. What exactly are these new tokenization fees? When and how would they be used? Are existing token providers going to be charged new...
