News

Cybersecurity
Apple’s Too-Good Recovery Key Security
December 10, 2014

As systems get secure, the biggest fear of many end-users is that they will be inadvertently locked out. The lack of human override capability can be frightening. Into this fray enters Apple and a recovery key hole created by the Apple ID two-factor authentication. Get...

Dynamics Pulls In $70 Million Investment, MasterCard Backing
December 10, 2014

Dynamics, a 200-employee card technology company based near Pittsburgh, has captured a $70 million investment from a group that includes MasterCard, according to a report in the Pittsburgh Tribune-Review. What makes Dynamics interesting, company execs said, are the security enhancements they are creating for payment...

NACHA Moves On Same Day ACH
December 09, 2014

The Electronic Payments Association on Thursday (Dec. 9) formally sought feedback on Same Day ACH. The NACHA plan, though, wouldn’t kick in for almost two years, as it would materialize in three phases starting in September 2016. Get the Full Story Complete the form to...

News
Amazon’s New Make An Offer Idea
December 09, 2014

Don’t like the price on something on Amazon.com? No problem. Just offer Amazon a lower price and see if they go for it. This program, set to be announced Tuesday (Dec. 9) and called “Make An Offer,” limited to “one-of-a-kind” items such as collectibles and...

Legal & Regulation
Amazon’s Coming: One If By Bike, Two If By Air
December 09, 2014

Amazon has decided that getting the package to customers is half the fun if it can be done in half the time. On land, it’s now testing bike deliveries in New York City—guaranteed delivery within an hour. (And guaranteed personal injury lawsuits within two hours.)...

Company Profile
MasterCard’s Big Interactive Payments Bet
December 09, 2014

MasterCard is turning plastic, digital. It wants the world to say goodbye to “static” cards and hello to a new age of digital, “dynamic” interactive cards – an innovation that MasterCard Group Exec, Global Credit and Debit Products Carlos Menendez says is part of a...

News
The Latest Forecast Of Global Mobile Volume: $4T in 2014 – Really?
December 09, 2014

There’s a lot of forecasts when it comes to mobile payments, and many of them don’t stack up. Figures from another report may be enough to raise an eyebrow as it suggests global online and mobile payments will reach three trillion in Euros ($4T U.S.)...

MasterCard And Gwen Stefani tout ‘Priceless Surprises’ with the Help of Apple Pay
December 09, 2014

Grammy Award-winner Gwen Stefani is teaming up with MasterCard to take over the Priceless Surprises launch to support cardholders every time they use their MasterCard, whether they chose to swipe their card or use Apple Pay. Get the Full Story Complete the form to unlock...

Amex Busts Blue Card Cash Back
December 09, 2014

Maybe the rewards program offered by American Express’s Blue Cash credit card has turned out to be a bit too popular with consumers. It appears the credit card company has taken some new steps to prevent “perk abuse.” Get the Full Story Complete the form...