Security & Fraud

B2B Payments
AP Tech Pushes Cloud-Based Checks Effort
November 11, 2014

Payments vendor AP Technology has rolled out a new product called APeChecks, which the company said is pronounced Ape-Checks. The cloud B2B payments platform includes paper checks, eCheck and ACH support. The vendor claimed the new approach can cut payments costs by 80 percent and...

Apple Pay
Target Employees Testing CurrentC
November 11, 2014

Target, one of the founders of MCX’s CurrentC mobile payment effort, has been using its employees to test the program, the Minneapolis Star-Tribune reported Nov. 4. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Jack Ma: Alipay “Will Definitely Go Public”
November 11, 2014

Alibaba Executive Chairman Jack Ma said Tuesday (Nov. 11) that his Alipay payments unit “will definitely go public,” according to a report from Reuters covering Ma’s interview with an official state broadcaster. Alipay was not part of the massive IPO that Alibaba just completed. Get...

News
PayPal Responds To Security Concerns
November 11, 2014

PayPal will cut off support for aging security protocol SSL 3.0 on Dec. 3, and that may cause problems for some of its merchants, the online payments giant announced on Monday (Nov. 10). Get the Full Story Complete the form to unlock this article and...

Apple Pay
Why Apple Pay Needs Merchants More Than Merchants Need Apple Pay
November 10, 2014

There are three things that I think we’d all agree are irrefutable outcomes of the launch of Apple Pay. 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...

Reinventing Fraud Detection in the Age of Apps
November 10, 2014

For consumers today, the term app can be associated with Instagram, Angry Birds, Pandora or Facebook Messenger. But apps are also crucial to the development and transformation of business across several industries, including mobile banking and payments. CA World ’14 will gather industry leaders at...

News
Banks Tell Merchants To Pay Up Post Breaches
November 10, 2014

Banks and retailers may be gearing up for a battle royale over whose responsibility it is to foot the bill when cyber-criminals attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
Beacon Obstacles Starting To Melt
November 10, 2014

Beacon executives at the ad:tech New York conference claim that nearly five million beacons will be deployed over the next five years.  The execs did acknowledge that beacon adoption has been slower in the U.S. than in other geographies, but expect to see those difference...

Apple Pay
The iPhone’s Big Security Flaw
November 10, 2014

Welcome to the bigtime, iPhone. You’re now subject to the same nasty malware as everyone else. What changed is a Silicon Valley security firm—Palo Alto Networks—came across some malware called Wirelurker, which is focused on iOS devices, according to a report in The Verge. Get...