Security & Fraud

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...

The Top 3 Payments Security Threats This Holiday Season
November 24, 2014

Nearly half of consumers said they would “definitely” or “probably not” shop over the holidays at retailers that experiences data breaches, according to a recent survey. Consumers still need reassurance from the retail world that these breaches won’t happen, says Ajay Bhalla, President, Enterprise Safety...

Apple Pay
Should Apple Pay Be Regulated Like A Bank?
November 24, 2014

New payments systems like Apple Pay could offer an opening to terrorists, and should be regulated like banks, the CEO of BB&T said at a payments industry forum this month. Kelly King's solution? If they become important enough, designate them SIFIs [systemically important financial institutions]...

Consumers Less Concerned About Retail Hacks
November 24, 2014

A little over a year ago, when Target was breached, many predicted the coming retail apocalypse wherein consumers would simply be too terrified by security concerns to ever really shop with gusto again.  It looks like that particular end-game scenario has not panned out. Get...

How To Ignite Issuer-Branded Mobile Wallets
November 21, 2014

In the weeks post Apple Pay’s launch, conversations around igniting mobile wallets – and what consumers actually expect from them – have spun in various directions. On the issuer front, while they seek that visibility and added utility to strengthen customer relationships, they still struggle...

Apple Pay
MasterCard: Security Is Nice, Functionality Is Better
November 21, 2014

MasterCard sees mobile payment security as crucial, but it’s power is relevant only to the point that shoppers are actually using it. And with Apple Pay, that is starting to happening meaningfully. Get the Full Story Complete the form to unlock this article and enjoy...

Financial Inclusion
CFPB Jumps Into The Real-Time Payments Fray
November 21, 2014

Bankers must make consumer safety a priority as they develop a new, real-time electronic payments system, Consumer Financial Protection Bureau Director Richard Cordray told a financial conference on Thursday (Nov. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited...