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PaymentsSource
237 followers -
Payments news, trends and analysis
Payments news, trends and analysis

237 followers
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Not only are EMV cards more resistant to compromise and counterfeit, but the chip technology also makes it possible to embed on a single card multiple payment applications—debit and credit, for instance— and nonpayment applications such as loyalty points and membership accounts.

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Chief Executive Officer David Nelms, 54, has increased Discover's direct student-loan business and sought to drive more transactions to the company's payments network. #Discover

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Deluxe provides a range of services for small businesses including social media and marketing, logo and website design, and customized checks.

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The New York case is similar to suits brought by merchants in California, Texas and Florida. In all four cases, the plaintiffs have argued that the state surcharge bans violate the First Amendment.

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The new tool is an extension of Decision Manager, CyberSource's flagship online fraud management platform, which provides insights from more than 60 billion transactions annually processed by Visa and CyberSource online and offline.

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The transition, which took place Oct. 11, left many of the company’s customers without access to account information or their funds, making it difficult for them to complete payments.#Russell Simmons#Prepaid#RushCard

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There seems to be a significant communication gap between the banks and the consumers, preventing them from understanding the importance of this shiny new chip on their credit and debit cards.#EMV

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Gemalto's dynamic code displays on the back of a plastic card and changes every 20 minutes, giving card-not-present security a boost at a time when e-commerce merchants are expected to absorb the fraud that EMV deflects from the point of sale in the U.S.#EMV

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Many financial institutions, as well as Visa and MasterCard, will be watching Capital One's mobile wallet implementation closely, especially because it incorporates Host Card Emulation technology, said Tim Sloane, director of emerging technologies advisory services for Boston-based Mercator Advisory Group.#HCE

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Citi’s product allows clients to migrate from paper-based payment instruments to electronic payments, differentiating from existing bank offerings in Canada.#Citigroup#Canada
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