The migration to EMV has given merchants a whole new reason to revisit point of sale features that help not only maintain compliance with new standards, but also increase the opportunities to add value to their customers and efficiency to their store operations. On Tuesday,...
The global mobile payment transaction forecast is expected to reach $4.6 trillion in 2019, compared to $1.8 trillion in 2014, according to a recent study. The percentage of consumers using mobile payments apps rose from 8 percent to 40 percent from 2013-14. Will 2015 prove...
Some 34+ years after the first online B2B transaction was made, paper invoices and paper checks still dominate how businesses pay each other. MPD CEO Karen Webster and Rhonda Rogers, Axidxchange VP of Payment Services, hosted a digital discussion about what it’s going to take...
It has been 34 years since the first online B2B transaction was completed – and much has changed since then. In a time when payment companies are under tremendous pressure to produce more with fewer resources, many are jumping the traditional payments ship and switching...
It’s already clear that in an EMV equipped world, what was once traditional POS fraud will morph into an onslaught of online and mobile hacking. The pressure is on for eCommerce businesses to understand and deploy effective measures to protect customer data as the black...
Lots of people in the payments industry have a hard time distinguishing EMV – the standard – from EMV the application of the standard to chip-based cards. And, for that reason, confusion reigns! Is EMV relevant in an online world? How about at offline merchants...
ECommerce is growing rapidly, projected to reach $2.35 trillion in 2017. Online fraud, however, is growing even faster. As competition heats up in payments with Samsung, Google Wallet, Apple Pay, PayPal and other game changers, how should traditional card issuers keep up, drive customer loyalty...
By the end of 2018, U.S. card-not-present fraud losses are expected to reach $6.4 billion. While the U.S. migrates to EMV to help prevent card-present fraud, the fraudsters are migrating their focus to the online world. Organized crime rings are increasingly nabbing funds in jaw-dropping,...
Nearly 95 percent of payment terminals in Western Europe accept EMV cards. In the U.S., however, just 14 percent of the 11.8 million operating terminals are EMV compatible, putting the nation in last place for EMV adoption and at the greatest risk for fraud. On...
