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Web Stores Start to See EMV Effects, But Many Can't Explain It
For many e-commerce merchants, the migration to EMV-chip card security at the point of sale — and the expected shift of fraud to the Web — is akin to a message in a bottle that hasn't washed ashore. Too many simply don't know about it.  more »
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Russian billionaire Oleg Boyko’s private- equity company bought a stake in Germany’s Spotcap as the online lender backed by Rocket Internet SE secured its biggest financing to date. more »
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Media properties and financial services rarely go hand in hand, but in Canada one partnership is testing whether today's millennials will be more open to that kind of pairing. more »
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The digital gift card is one of the rare examples in the payments market where more options may not necessarily be the best thing for consumers. more »
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With the EMV migration continuing, it is critical that organizations keep in mind that EMV is not the security “silver bullet” that businesses might hope for. Rather, it is only one piece of a layered approach to fraud prevention that businesses should incorporate. more »
M. Troy Woods, president and CEO of TSYS
The pressure on merchant acquirers to enable transactions in more channels for more merchant types is accelerating, and TSYS is turning to the M&A market to accelerate its digital diversification, announcing an agreement with Vista Equity Partners to acquire Vista portfolio company TransFirst for $2.35 billion in cash. more »
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Prepaid Financial Services, a provider of e-money and banking solutions, is rolling out a government-sponsored prepaid card program for refugees and asylum seekers in Europe. more »
Green Dot officials are listening to complaints by Harvest Capital Strategies but "we are confident in our road map for growth," the company said in a statement defending CEO Steve Streit.
Steve Streit, who founded the prepaid card pioneer in 1999, is taking fire from an investment firm that owns 6.2% of the company. more »
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Consumers may not care much about mobile payments, but many of them care a lot about mobile loyalty. more »
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Vending machines were among the first categories to accept contactless mobile payments, but they still rely heavily on cash for impulse snack purchases — at least for now. more »
Bloomberg News
Diebold has launched a mobile-enabled, self-checkout concept based on its automated teller machine systems. more »
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Canada’s prepaid card market—still relatively small—is experiencing a healthy growth surge, according to new data from the Canadian Payments Association, and key industry players confirm the trend. more »
Bee says face-to-face enrollment will drive customer acquisitions of its mobile app that connects to a prepaid card.
A startup geared toward the prepaid market thinks it has found a way to effectively bridge the gap between high-touch onboarding and all digital experience: operating like a food truck. more »