Secure payment-technology provider Bluefin announced today it became the first company in the U.S. to receive PCI validation for a point-to-point encryption (P2PE) solution. While the PCI Security Standards Council, which provided the validation, has been around for some time, no other company has achieved...
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Can big data really help underwrite a better loan? Silicon Valley start-ups like LendUp, ZestFinance Inc. and Think Finance Inc. think so – they claim that by looking at everything from an applicant’s number of Facebook friends, bill paying habits and the amount of time they...
Retailers participating in the Merchant Customer Exchange (MCX) reportedly are pushing out the telco-based mobile wallet Isis? At least Isis’ chief technology believes so. In an interview with Computerworld, Scott Mulloy accused several Isis merchants of turning off the ability to accept NFC payments, which Isis supports, on...
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Point-of-sale (POS) integration platform eThor provides software that creates a two-way communication between local merchants’ POS systems and user devices. In a recent podcast interview, eThor Founder and CEO Gary Ziegler told Karen Webster, CEO of Market Platform Dynamics, that the company has also built...
A 44-year-old man reportedly was in jail late last week accused of bilking more than 100 alleged victims in a fraudulent ATM-investment scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
China’s major banks reportedly have set transfer caps for online quick payment services, making it more difficult for users to transfer large amounts of money to Internet wealth management, according to the Beijing News. Get the Full Story Complete the form to unlock this article...
Less than a week after striking a similar agreement with MasterCard, Fiserv on March 17 announced an agreement to make Visa’s common debit EMV solution available for the Accel debit network. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
