News

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BKM and Redsys Form mWallet Partnership
BKM and Redsys Form mWallet Partnership
March 27, 2014  |  News

BKM and Redsys have signed an agreement to work together for interoperability of the iupay and BKM Express digital wallets, the companies announced March 25.

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New Payments Processor CurvePay Emerges
New Payments Processor CurvePay Emerges
March 27, 2014  |  News

A team of payments industry veterans on March 26 announced the creation of CurvePay, a vertically integrated processing platform for merchants and resellers.

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Retailers Take Security Concerns to Congress
Retailers Take Security Concerns to Congress
March 27, 2014  |  News

Retailers on March 26 lobbied the Senate for a more secure credit and debit card system, including one that requires PINs for credit card transactions.

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Trustwave Named In Target Breach Litigation
Trustwave Named In Target Breach Litigation
March 27, 2014  |  Breach Round Up

Trustwave, the company responsible for ensuring Target’s PCI Data-Security Standard compliance, allegedly failed to detect obvious signs of weakness preceding the breach reported in December,...

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Anonymous Ukraine Posts 7 Million Card Numbers Online
Anonymous Ukraine Posts 7 Million Card Numbers Online
March 27, 2014  |  News

Hacktivist group Anonymous Ukraine was reportedly posted more than 7 million credit card numbers online.

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Retailers None Too Happy With Appellate Court Ruling
Retailers None Too Happy With Appellate Court Ruling
March 25, 2014  |  News

Not surprisingly, retailers expressed dissatisfaction with last week’s appellate court ruling upholding a Federal Reserve rule setting debit card interchange at 21 cents.

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Nigerian Agency Shuts Down Non-Compliant ATMs, POS Terminals
Nigerian Agency Shuts Down Non-Compliant ATMs, POS Terminals
March 25, 2014  |  News

Nigeria’s Weights and Measures Department of the Federal Ministry of Industry, Trade and Investment reportedly sealed ATM and point-of-sale machines at four different banks because...

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