Security & Fraud

CardFree and Mercury Collaborating On Mobile Commerce
March 10, 2014

06 MArch 2014 Mobile commerce provider CardFree is collaborating with payments technology provider Mercury Payment Systems. The partnership will enable CardFree to integrate bundle core payment processing and merchant acquiring into their already vast services list. “Mercury’s products and services provide a perfect complement to...

Danal And Billeo Partner Up To Expedite Mobile Purchases
March 10, 2014

06 March 2014  Billeo Inc. is partnering with Danal to launch a mobile-identity solution for Billeo’s XpressBuy checkout system. The new service is intended to make online transactions more user friendly by reducing the number of steps necessary to complete online without sacrificing consumer security....

Sally Beauty The Latest Major Card Breach Victim
March 10, 2014

06 March 2014  Another day, another breach, this time cosmetics supplier Sally Beauty has seen its corporate databases hacked and the credit and debit card data of its customers exposed. According to security blogger Brian Krebs, a new batch of 282,000 stolen debit and credit cards...

Target CIO Steps Down
March 10, 2014

  06 March 2014 In what appears to be the latest executive casualty from the retailer’s security breach last December, Target Chief Information Officer Beth Jacob resigned her position effective yesterday. This comes as the retailer undergoes a major overhaul to its security and compliance...

Cardinal Commerce eCommerce Technology Granted U.S. Patent
March 10, 2014

07 March 2014 The technology that powers Cardinal Commerce’s latest expansion of its Universal Merchant Platform is now patent-protected in the United States. The Universal Merchant Platform allows for the secure processing of customer information in ecommerce transactions. “This new patent shows Cardinal’s Customers that,...

CEO Series
Will The Target Breach Kill Branded Debit Cards?
January 08, 2014

With the Target breach still clearly visible in the rearview mirror, the payments space is beginning to ask the toughest question of all: Where do we go from here? As Market Platform Dynamics CEO Karen Webster explained in a recent commentary, it’s a “huge, huge...

Breach Round Up
Does The Target Breach Mean Death Bells For Mag-Stripes?
January 05, 2014

Target confirmed a massive data breach on Thursday that rocked the payments world at the busiest time of the year in commerce. Initial estimates suggest the breach compromised the names, credit card numbers, debit card numbers, expiration dates and CVVs of more than 40 million...

Karen Webster
PYMNTS Prophecies: Eight 2013 Predictions Reviewed
December 27, 2013

Despite the rise of big data, the cloud and the countless other electronic innovations looking to tap into our collective brainpower, predictions remained as difficult to get right as ever in 2013. For every no-brainer like the rise of consumer mobile smartphone and tablet use,...

Alternative Finances
Payments Execs Forecast Trends For Year Ahead
December 26, 2013

As the last days of 2013 come to a close, payments firms across the country are busy reflecting on the experience they’ve gained to best position their strategies for the future while avoiding the issues that have dogged them in the past. Of course, payments...