Security & Fraud

News
Discover Sues Visa, Alleging Illegal Anti-Competitive Tactics
November 26, 2014

Discover on Tuesday (Nov. 25) sued Visa, slamming the card brand with antitrust violation accusations. The court’s issue: Is Visa just an aggressive company or did it cross the line? Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Controversial
Pew Report Critical of Mobile Remote Deposit Capture
November 25, 2014

Mobile remote deposit capture (mRDC) is gaining traction with consumers, banks and prepaid card issuers, but a report issued earlier this month The Pew Charitable Trusts asserts that more transparency is needed to give consumers more confidence that the service is worth using. Get the...

Cool
Is It Mobile Imaging’s Time To Shine?
November 25, 2014

Mitek may not exactly be a household name, but most large issuers use its technology to enable its mobile banking customers to snap a photo of a check with their smartphone and have it deposited into their checking accounts. Mitek is the world’s largest mobile...

B2B Payments
In B2B, Windows Mobile Taking On New Life
November 25, 2014

A report from analyst firm CCS Insight predicts that Windows Mobile will overtake both Android and BlackBerry to become the second most-popular business mobile OS, by the end of 2016. Apple’s iOS is expected to retain the lead. Get the Full Story Complete the form...

B2B Payments
Casino Money-Laundering Probe Raises Cross-Border Payments Issues
November 25, 2014

In the world of payments, casinos are highly-complex players, with an unusually high mix of cash and cross-border transactions. That’s one of the reasons federal investigators are probing Wynn Resorts for various money-laundering issues, according to a report in The Wall Street Journal. Get the...

Payment Methods
How Much Would You Run To Save $20 On Municipal Transit?
November 25, 2014

Australian transit riders have figured out ways to beat the transit system’s “free trip” scannable cards and save about $20/week, much of it thanks to a public challenge from New South Wales Transport Minister Gladys Berejiklian, reports Mashable. Get the Full Story Complete the form...

B2B Payments
Are B2B Merchants Routinely Overpaying For Card Processing?
November 24, 2014

One columnist is arguing that many B2B merchants are overpaying for payment card processing because they are using a merchant account provider without any B2B expertise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Apple Pay
Gartner Says Apple Pay Security Not Being Fully Used
November 24, 2014

Gartner Security Analyst Avivah Litan is arguing that many Apple Pay transactions are missing the value of Apple’s security approach because of POS issues. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Apple Pay
Retailers Lobby Congress To Fight Card “Cartel”
November 24, 2014

Last week, the Merchants Payments Coalition (MPC), which represents major retailers, hosted a box-lunch presentation to alert legislators about promising cost-saving technologies and the importance of doing them no harm.  According to reports, the rapidly approaching beginning of the heavily Republican 114th Congress has some...