Big data isn’t always better data. In fact, TSYS’s Sr. Director of Analytics, Todd Doherty, says that focus on big data has just led to “obese data” as technology and tools make more of it available to business users. The cure for obese data, Doherty...
Payments and technology is converging like never before, as traditional players mash up their capabilities and ideas with the new payments kids on the block. But they’re all looking for the same thing when it comes to merging the two concepts — a way to turn...
U.K.-based telecommunications conglomerate Vodafone has entered the contactless payment market. In a press release offered by the company Monday (March 30), Vodafone revealed that its mobile payment service will soon support contactless payment technology. Get the Full Story Complete the form to unlock this article...
The case of the Silk Road online illegal drug marketplace has found itself back in the news, as criminal accusations tied to the bitcoins that funded the site have been tangled up in another criminal matter. Get the Full Story Complete the form to unlock this...
StubHub, the U.S.’s largest ticket resale platform, has filed legal action against the NBA’s Golden State Warriors and event ticket vendor giant Ticketmaster, claiming that the duo’s decision to cancel tickets purchased through StubHub violated antitrust laws, The Wall Street Journal reported. Get the Full Story Complete...
In the mobile-driven population of China, there’s already a clear leader in mobile payments — Alipay, Alibaba’s mobile payment system. Can Apple keep up even if it gets approved to bring Apple Pay to the country? Get the Full Story Complete the form to unlock this...
Tax fraudsters are now using the U.S. Internal Revenue Service’s online self-service to get the information they need to file fraudulent tax returns and steal refunds, Krebs on Security reported on Monday (March 30). Get the Full Story Complete the form to unlock this article...
Banks are increasingly worried about the likelihood that they’ll look like the bad guys if merchants haven’t upgraded their point-of-sale systems to support EMV chip cards, and then are hit by fraud and have to pay for the loss themselves, American Banker reported on Sunday...
With the Oct. 1 EMV liability shift just six months away, banks and payment-card brands are beginning to get nervous about the slow uptake of EMV point-of-sale systems by smaller businesses. Part of the problem is complexity — small merchants don’t have IT departments, and...
