How does Apple Pay lead to more fraud?

Crooks have been using a surprisingly low tech tactic to worm their way around Apple Pay's tokenization and biometric safeguards.

Alaric, E-Global implement new switching solution in Mexico

March 19, 2015

Authentic, the open payments platform from Alaric, is assisting Mexico's largest payment network to process seven million daily transactions.

Elan, Euronet enter DCC agreement

March 19, 2015

Direct currency conversion allows acquirers to offer currency exchange services to consumers who use foreign-issue debit or credit cards.

India's central bank drafts contactless guidelines

March 18, 2015

NFC payments up to 2,000 rupees ($32) in value would no longer require two factor authentication under the proposed rules.

MasterCard, Itaú Unibanco ink network deal

March 16, 2015

Under a new 20-year agreement, the companies will establish and operate a new electronic payments network in Brazil.

Card Services for Credit Unions to cover EMV enablement costs for members

March 12, 2015

The CUSO says it will help 2,300 member CUs mitigate $11 million in financial impact from the migration to EMV chip cards.

Fiserv adds solutions to Financial Crime Risk Management Platform

March 10, 2015

The new components can help financial crime prevention professionals to more effectively detect, investigate and resolve crimes, the company says.

Collis tool qualified by DCI for contactless D-PAS acquirer-terminal testing

March 5, 2015

The simulator is now qualified for use in certification testing against both contact and contactless D-PAS specifications for Diners Club International.

Bitcoin and cash: 'Like peanut butter and jelly'

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Robocoin's new (and free) software development kit gives ATM operators a 'margin-expanding opportunity,' CEO Jordan Kelley says.

MasterCard expands mobile remittance services in Africa

March 3, 2015

The card network announced deals that will allow customers in Nigeria and Zimbabwe to send funds via mobile phone — and cash out at the ATM.

ChangeGroup broadens market for value-added services with LINK membership

February 27, 2015

Joining the national payment scheme will allow the company to extend its multicurrency and DCC services to the UK's ATM market.

ACI, LD Systems partner on flexible kiosk payment solution

February 27, 2015

The strategic partnership will offer US consumers quick, easy and safe bill pay options at kiosks nationwide, the companies say.

ValidSoft, FICO anti-fraud partnership scores another win

February 26, 2015

The companies have teamed up to address a growing threat from fraudsters who redirect mobile calls and texts in order to defeat authentication systems.

G&D offers white label mobile cloud payment service for FIs

February 24, 2015

The Convego CloudPay payment service provides secure mobile transactions, Giesecke & Devrient says.

Wincor Nixdorf pilots new cashless payment solution

February 23, 2015

The system connects card terminals with a central server at Wincor where data is processed and forwarded to card acquirers.

SSL no longer acceptable for data protection, PCI SSC says

February 17, 2015

Weaknesses in the secure socket layers protocol will require revisions to the PCI DSS — and upgrades to providers' encryption methods.

Discover qualifies Collis test tool for ATM, POS applications

February 17, 2015

UL says its test tool has been qualified for qualifying Discover specifications, including D-PAS Issuer Response Simulation.

Ascert, Cashware 'close the loop' with end-to-end ATM application testing

February 17, 2015

The companies have combined backend and user interface ATM testing in a solution that allows financial institutions to test all aspects of ATM operation…

UL announces its Collis Brand Test Tool qualified by Discover

February 17, 2015

UL has announced that its Collis Brand Test Tool is qualified by Discover for acquirer end-to-end testing of both contact and contactless payment terminals.

Global Payout gets approval for chip-and-PIN prepaid card

February 17, 2015

According to the company, this new prepaid MasterCard debit card program is based upon the EMV standard.