One of the tenets of banking security rules today is that consumers must protect their PINs and passwords. If a customer, for example, posts his/her password on a publicly accessible social media site and fraud soon happens, the bank won’t cover the losses. But what...
The legal battle between Visa and its former European unit against U.K. retailers over $800 million in card fees has landed in favor of Visa, according to Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
eBay and PayPal are on their way to independent futures, but in the case of eBay in Russia the two have teamed up launch a new payment service, eBay announced Thursday (Oct. 30). Get the Full Story Complete the form to unlock this article and...
When Alibaba Group Holding reports its first earnings since going public on Tuesday (Nov. 4), Wall Street analysts will either be calmed or will royally freak out. All things considered, there’s nothing likely inbetween. Get the Full Story Complete the form to unlock this article...
The launch for the Apple Pay-accepting Apple Watch will not happen until at least March 20, according to comments made by Apple Senior Vice President of Retail and Online Stores Angela Ahrendts and reported by 9-to-5 Mac. The official Apple word on the watch’s planned...
Cyberthieves seeking payment card data have a tendency to sniff out a weak link, the softest way to enter a secure site. With Target, it found credentials to get in through a refrigeration, heating and air conditioning subcontractor. New word is that J.P. Morgan Chase’s attackers...
Despite all of the massive change today in payments—whether it’s Apple Pay rewriting the payments rules or the ups-and-downs of Bitcoin and other virtual currencies—and the digital embraces of MasterCard and the Apple Pay love coming from Visa and then from the CEO at Discover...
MasterCard CEO Ajay Banga used Thursday’s (Oct. 30) earnings announcement to make a case that the brand’s own MasterPass starts where partner Apple Pay stops, with loyalty and other promotional capabilities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A volley of accusatory news releases and letters to Congress between groups representing major retailers and credit unions has erupted, with each side accusing the other not doing enough to defend against cyber attacks and other payment card data threats. Get the Full Story Complete...
