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Wirecard, Commerzbank Aim to Speed Funding for Online Merchants
Germany-based financial powerhouses Wirecard Group and Commerzbank have teamed up to launch a new financing service enabling online merchants to receive immediate credit for e-commerce sales, rather than waiting days or weeks for transactions to clear.  more »
Bloomberg News
Bloomberg News
Consumers using PayPal to complete an e-commerce transaction on a Lenovo laptop computer will be able to use an embedded fingerprint reader instead of a static password. more »
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In e-commerce, merchants strive to achieve a 100% checkout conversion rate but find it elusive because shoppers encounter many obstacles during the payment process. more »
Bashas' Inc., Arizona's largest independent grocery chain, was certain it was prepared for the October 2015 EMV liability shift. After all, it had begun purchasing terminals for all of its 1,400 checkout lanes a year in advance. more »
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Verified by Visa — which typically functioned as a way to improve security by adding a password to the online payment process — is phasing out the use of static passwords. Visa's plan is a chance to improve the standard for authenticating online commerce. more »
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Swift is taking another step to protect the payment system following a multimillion-dollar cybertheft early in the year. more »
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The tighter processing deadlines of same-day ACH mean that conventional fraud prevention measures will no longer be adequate or effective. more »
Adobe Stock
These gas pumps are not EMV-compliant.
Replacing gas pump hardware is a big, disruptive move for any fuel seller, but with the sector's EMV liability shift only a year away, more companies are facing the inevitable. more »
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Cloud-based technology is bringing mobile shopping and payments to more companies, but it also increases risk due to the complexity of how these more open and remote technology tools get used. more »
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In order to successfully and scalably combat card-related fraud and digital payments hacking, organizations need to rely less on standards like EMV and PAN/PRN, and recognize today’s currency is no longer just about money. I more »
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Fiserv, Inc. has beefed up the predictive powers of its core ACH fraud-screening tool with additional data sources, enhancing banks' abilities to block suspicious electronic transactions in real time. more »
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Visa and Mastercard have both entered into partnerships with PayPal, turning a new page following a long history of competition more »
Troy Leach
Troy Leach, chief technology officer for the PCI Council, sat down with PaymentsSource to reflect on the council's performance to date and where it is headed in the coming years. more »