This Week’s Breach May Turn Out To Be a Dud…
Seems like there is news of a new breach almost every week, and this week was no exception. But the hacker who bragged on Monday that he had more than 50 gigabytes of data from 79 banks may have...
View ArticleGirl Scouts Get Sales Lift From Mobile Acceptance
If you’re still not convinced that accepting card transactions using mobile phones is a business boost, get this: Girl Scouts who accepted credit/debit card payments using a mobile card reader sold...
View ArticleYes, It’s Just a Rumor, but Apple Believed to Be Adopting NFC
Following Microsoft’s announcement of support for NFC and a digital wallet, and Apple’s launch of Passbook, which closely resembles a digital wallet, rumors have resurfaced that the iPhone maker will...
View ArticleDon’t Look Now, But China Union Pay May Be Headed Your Way
As China’s economy surged over the past decade and more and more affluent Chinese have indulged in international travel, China Union Pay, the country’s only card issuer and payment processor, has...
View ArticleFBI Sting Shows Again That Hacking is Big Business
If you had any doubts that hacking computer networks in search of useable credit and debit card information is big business, the FBI sting operation revealed on Tuesday should open your eyes. The FBI...
View ArticleHouse Subcommittee Takes Up Mobile Payments Issues
The House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit will fire one of the first shots on regulating mobile commerce in a hearing today, trying to...
View ArticleAmex Unveils EMV Roadmap: Key Dates In Line with Visa and MasterCard
American Express on Friday announced its network roadmap to advance EMV chip-based contact, contactless and mobile payments for all merchants, processors and issuers of American Express-branded cards...
View ArticleUK Firm Takes On Square with EMV Chip & Pin Reader
According to Payment Eye, a British digital publication, UK based Powa Technologies is launching its mobile PoS device, mPowa, in the US. The solution, launched by British e-commerce entrepreneur Dan...
View ArticleMasterCard, Deutsche Telekom Join to Boost Mobile Payments in Europe
MasterCard and Deutsche Telekom (the German mobile carrier and T-Mobile partner) have announced a partnership to bring PayPass-enabled smart phones to the European market. That would put mobile...
View ArticleWill Mobile Revive Decoupled Debit?
A few years ago, there was a flurry of activity around the idea of a decoupled debit card — a card that wasn’t tied to a particular bank or account which could be switched by a consumer from account...
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