March 12, 2010
Perhaps It’s Time to Mothball the Mighty Mag-Stripe?
Stop me if you’ve heard this one: A Martian travels to Earth and examines the U.S. payments system. He is perplexed by the dogged persistence in using a 40-year-old technology...
March 12, 2010
Banks and Card Issuers Investing in Technology to Speed-up and...
An Adeptra poll of banking industry executives found that more than third (36%) said the incidents of cases of fraud they were handling had increased and a further 20% said...
March 12, 2010
U.S. Retailers Face $191B in Fraud Losses Each Year
U.S. merchants are incurring $191 billion in fraud losses each year, according to a report released by LexisNexis® Risk Solutions. Among the findings, the 2009 LexisNexis® True Cost of Fraud...
March 12, 2010
Discover Ranks Tops in Detecting Identity Fraud
Discover ranks best in identity fraud detection among the top 25 U.S. credit card issuers in Javelin Strategy & Research’s yearly assessment of identity safety in the credit card industry....
March 12, 2010
Risk & Fraud
PCI Compliance: To Whom Are You Compliant?A few years ago, in response to a growing number of data security breaches, the major credit card brands formed the Payment Card Industry...
March 11, 2010
What’s in the Cloud for Payments?
When we speak of “payments in the cloud” we are using the term in a broader sense than it is usually used in the information technology world. Cloud computing simply...
March 10, 2010
The New Age of Invisible Engines: How Software Platforms Will...
The invisible engine model followed by Apple’s iPhone has helped power the information technology industry for about three decades. Apple itself was one of the pioneers in encouraging developers to...
March 08, 2010
How the iPhone Invisible Engine Provided a Catalyst for the...
The iPhone provides a potent illustration of the invisible engines/catalyst business model. By the end of 2009 there were more than 100,000 applications available for the iPhone. These applications have...
March 08, 2010
Square vs. VeriFone: Who Will Win?
PYMNTS.com asked IP Commerce‘s Platform Evangelist, Tyler Hannan, to weigh in on the battle brewing between Verifone and up-start Square, and to look at its impact on the payments industry....