Online movie-ticket vendor Fandango and credit-report site Credit Karma face 20 years of security assessments as part of a settlement of charges that they exposed customers’ personal information to identity thieves, the U.S. Federal Trade Commission announced on Tuesday (Aug. 19). Get the Full Story...
The mobile-money service M-Pesa is finding itself in a price war. On Tuesday (Aug. 19), Vodafone subsidiary Safaricom said that it would slash its fees by as much as 67 percent, in anticipation of imminent price competition from a similar service coming from Equity Bank,...
Three payment firms announced on Tuesday (Aug. 19) that they were launching a PCI-friendly point-to-point encryption (P2PE) payment option. 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...
“Breaches are pretty much a daily occurrence now,” says Jonathan Hancock, Director of Fraud Management Solutions for TSYS, “and consumers who haven’t been hit personally are numb to the news.” But here’s the great irony: When something does happen, consumers blame the retailer, but expect...
How about some math this morning? The average cost to process a paper check is $1.85, and the average cost to produce it is $1.50. That means that managing paper-based payroll systems costs check-dependent businesses around $55 billion a year. Mark Putman, SVP of Prepaid...
EMV is getting real in the US as consumers are now getting chip cards in the mail. But if it’s going to take many years before all merchants are able to accept chip cards and all consumers carry them, why not skip straight EMV and...
ROAM, part of Ingenico Mobile Solutions and the leading mobile commerce platform provider, announced today that its mCommerce platform was chosen by Leapfactor, a leading software company and provider of breakthrough business apps, to integrate mobile payment acceptance into its vertical-specific business applications.
What does the year ahead look like for mobile commerce? A study by Vantiv offers some great insight in the trends we should see come to fruition throughout the remainder of 2014.
RT Nash had a problem recently that was costing it money. The enterprise resource planning (ERP) system the company was using was more than it needed and very expensive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
