Features, News & Blogs
Cardis to launch low-value payments platform in USBy Robin Arnfield Contributing writer Cardis International is planning an April launch in the U.S. for its technology, which enables merchants to accept low-value contactless or mobile payments without incurring high processing charges. Cardis is …
Royal Canadian Mint conducts crypto-currency trialBy Robin Arnfield Contributing writer The Royal Canadian Mint is currently running an employee trial of its MintChip crypto-currency. MintChip is linked to the Canadian dollar, and is designed for low-value online, mobile and physical payments. A …
ICP Group, a European point-of-sale payment service provider, has signed an agreement with payworks to provide mPOS services to its clients. ICP operates more than 120,000 POS terminals in seven European countries, serving merchants such as Aldi …
A new Verizon report has found that too many businesses, following their annual assessment for meeting the Payment Card Industry Data Security Standard , fail to maintain ongoing compliance — putting the businesses at increased risk for data …
A mobile payments startup aims to launch a new kind of ATM juggernaut in the U.S., one that will dispense funds from the cash-filled tills of hotels — and perhaps eventually restaurants and retail stores as well. The mobile app is called Spare …
This week, Target Corp. called for all stakeholders to take up the "shared responsibility" of payments security as it announced an accelerated timeline for its own $100 million EMV migration plan. The announcement follows a data breach at Target …
Congress digs into data breachesAs U.S. consumers ponder what may be the largest data breach in history, the U.S. Congress is getting involved. The Senate Banking, Housing and Urban Affairs Committee kicked things off Monday with a hearing titled "Safeguarding Consumers' Financial …
The National Retail Federation today urged Congress to take a comprehensive approach as it contemplates a national response to criminal cyberattacks in which millions of consumers' credit and debit card numbers were stolen. NRF said retailers are …
The costs of reissuing cards to customers after recent data breaches at major retailers should be borne by the party at fault for the breach, according to the Independent Community Bankers of America. The group today issued a statement for a U.S. …
Jan. 31: This story has been updated to include a statement from Mercury Payment Systems. The payments processing giant Heartland Payment Systems Inc. has filed a federal lawsuit against Mercury Payment Systems LLC, alleging false advertising, …
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