Another point-of-sale vendor has been hit by cyberthieves. NEXTEP Systems has confirmed that a breach exposed payment card data for cards used at the Zoup restaurant chain, which uses POS devices from NEXTEP, Krebs on Security reported. Get the Full Story Complete the form to...
A consumer-issues strategy group is pushing card-issuing U.S. banks to support PINs when they issue new EMV chip cards this year, and not just the chip-and-signature approach that Visa and MasterCard are allowing them to use, Finextra reported on Monday (March 9). Get the Full...
Everyone believes mobile payments are the next big thing. It’s just that no one quite knows when that next big thing is likely to take off, or what exactly it’s going to look like. Get the Full Story Complete the form to unlock this article...
Welcome to the monthly mPOS Tracker, a PYMNTS Special Report. In this report, we rank mPOS players and score them based on the payment methods, devices, and operating systems they support and the geographies they serve. Get the Full Story Complete the form to unlock...
Community banks are about to get a little help with their transition to EMV chip cards — at least if they use payment services from the Independent Community Bankers of America’s ICBA Bancard subsidiary. The organization said this week it has pledged $600,000 to support...
An Apple patent application made public this week may hold some clues as to how Apple Pay will work in the future, not just with the iPhone and iPad, but also with the Apple Watch and other wearables. Get the Full Story Complete the form...
The Shopify point of sale app has come to the iPhone. 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 to our daily newsletter, PYMNTS Today. By completing...
NFC chipmaker NXP Semiconductors said it expects mobile wallets to be in half of new smartphones by the start of 2016 — and China will be the leading market, Bloomberg News reported. Get the Full Story Complete the form to unlock this article and enjoy...
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,...
