Because of the opaque nature of Internet retailing and widely publicized data breaches, security concerns remain a pervasive gating factor to digital commerce. Key to countering this is providing consumers with the tools to monitor and control where their payment credentials are stored online.
Welcome to the PaymentsSource Morning Briefing, delivered daily. The information you need to start your day, including top headlines from PaymentsSource and around the Web. Today: Card brands push for China; U.K. cracks down on excessive fees, lack of currency transparency; Venmo gets caught in video equipment theft ring.
The simplest scams are sometimes the hardest to thwart. Rather than redesign its prepaid card with added security, InComm is redesigning the packaging in a way that should render stolen cards unusable.
Though a 33% decline in net income was attributable to large one-time gains that the credit card issuer recorded in the second quarter of 2016, Amex faces major challenges in the pursuit of growth opportunities.
Increasingly, the acquiring and ISO business has taken the view that advances in technology that originally looked like threats instead made it easier to sell more products and support more payment types. But this opportunity won't last forever.
Revenue growth in its merchant payments business is expected to be tepid in the foreseeable future. The Minneapolis company says it is looking to ramp up innovation to stay competitive in a business that has been upended by fintech firms and online shopping.
The move will explore the risks and opportunities of the new technology, and the group membership allocation across agencies and stakeholder groups seems to be a reasonable way to include a range of opinions, writes Rob Viglione, co-founder of ZenCash.
The concept of digital payments doesn't often cross paths with the concept of robots moving autonomously through our world. But in a few cases, robots have been created to handle payments and deliver goods.
Before using Amazon Web Services (AWS), it’s important to understand that as an IaaS provider, AWS is only responsible by default for the security of its cloud infrastructure. AWS goes through great efforts to make customers aware of their responsibilities through the AWS Shared Responsibility Model. The web pages explaining the basics of AWS services frequently reference the model to offer complete transparency into which responsibilities are always taken care of by AWS and which are to be handled by the customer.This white paper is intended to help you make better-informed decisions about the security control options for AWS usage so you can choose the best combination of controls for your organization’s situation and needs.
It’s a story you’ll watch unfold time and time again. The breach. The headlines. The confusion. The public apologies. The finger-pointing. And it’s often followed by some form of the following: “But I was compliant.” Compliance is never enough. The challenges are understandable. Taking the path of least resistance is not.Read this white paper to learn the value of a holistic approach to security.
Looking to go at it alone when securing your public cloud environment? Without a clear understanding of its nuances, even the most state-of-the-art solution won’t make it past an annual compliance audit.This white paper is intended to serve as a detailed guide for those pursuing PCI DSS compliance on their DIY cloud security environment.
Fraud, money laundering and other financial crimes are a thorn in the side of every financial institution. These activities can cut into profits, damage public trust and expose banks to massive regulatory penalties if found to be out of compliance with governmental regulations. Many organizations simply accept financial crime as an inevitable cost of doing business. But today, armed with advanced identity resolution and new kinds of analytics, financial institutions have powerful tools at their disposal to reduce fraud and money laundering.Read this white paper for a solution that offers rich analytics that help banks gain a clearer view of entities, relationships and hidden patterns as they deal with financial crimes including anti–money laundering (AML), anti-terrorist financing and various types of fraud.