Payment Data news and trends

RBI Clarifies Payments Data Rule For Foreign Companies
International // June 26, 2019

The Reserve Bank of India (RBI) has clarified a data storage rule for companies like Mastercard and Visa, which mandates foreign companies to store payment data “only in India” for “unfettered supervisory access,” according to a report from Reuters. The clarification states that companies can...

Gas Station Software Vulnerable To Hacking
Security & Fraud // May 03, 2019

Homeland Security’s cybersecurity agency has issued an advisory about a popular gas station software that has flaws, making it highly vulnerable to hacking. The Cybersecurity and Infrastructure Security Agency (CISA) gave the Orpak SiteOmat software a vulnerability severity rating of 9.8 out of 10, revealing...

Click2Gov Cyberattacks Affect Personal Data Of 300K
Security & Fraud // December 19, 2018

Nearly 300,000 people have had their personal data stolen in a breach of Click2Gov, a widely used government payment software. Security research firm Gemini Advisory published a report on Tuesday (Dec. 18) that explained how vulnerabilities in Click2Gov have impacted citizens in dozens of towns...

Experian ‘Boost’ Improves FICO Scores Via Data
Financial Inclusion // December 19, 2018

Experian has announced the launch of Experian Boost, a free online platform that allows consumers to potentially boost their credit scores in an instant. Through the platform, consumers can allow Experian Boost to connect to their online bank accounts to access utility and telecommunications payments....

Interviews & Exclusives
Efforts Grow To Get Suppliers On Board With Cards

October 06, 2016
Corporates want to pay their suppliers with commercial cards in order to rack up those points. But only 9 percent of suppliers say commercial cards are their preferred method of payment. The cost of accepting cards and the friction associated with onboarding to a card network can be too much to bear, especially for smaller […]

Quick Reads
RBI Clarifies Payments Data Rule For Foreign Companies

June 26, 2019
The Reserve Bank of India (RBI) has clarified a data storage rule for companies like Mastercard and Visa, which mandates foreign companies to store payment data “only in India” for “unfettered supervisory access,” according to a report from Reuters. The clarification states that companies can process Indian payments outside of the country, but the data […]

Gas Station Software Vulnerable To Hacking

May 03, 2019
Homeland Security’s cybersecurity agency has issued an advisory about a popular gas station software that has flaws, making it highly vulnerable to hacking. The Cybersecurity and Infrastructure Security Agency (CISA)...

Click2Gov Cyberattacks Affect Personal Data Of 300K

December 19, 2018
Nearly 300,000 people have had their personal data stolen in a breach of Click2Gov, a widely used government payment software. Security research firm Gemini Advisory published a report on Tuesday...

Experian ‘Boost’ Improves FICO Scores Via Data

December 19, 2018
Experian has announced the launch of Experian Boost, a free online platform that allows consumers to potentially boost their credit scores in an instant. Through the platform, consumers can allow...