Monday, November 08, 2010
In a recent survey conducted by ACI Worldwide, an international provider of payment systems, 76% of respondents do not currently issue payment cards with EMV technology, and of that group only 15% have plans to do so within the next 24 months.
Sunday, November 07, 2010
It's an ominous sign of future fraud when industry analysts describe a new method of attack.
Wednesday, November 03, 2010
A spree of payment card fraud incidents at multiple retail locations in Seattle has prompted an investigation by law enforcement authorities. And security experts say these crimes can be expected to happen more frequently as credit/debit card fraud evolves.
Tuesday, November 02, 2010
It is said the first phase of the Southern African project, which will be led by the South African Reserve Bank, will seek to integrate the existing bank and payments infrastructure across South Africa, Namibia, Swaziland and Lesotho. This is expected to take up to two years and the scheme will eventually be spread further afield.
Thursday, October 28, 2010
The strategic advantages and advances offered by new and emerging innovations in payments processing either outweigh or mitigate the majority of the deployment and investment concerns.
Friday, October 22, 2010
In today’s banking environment, payments data and transactions live on their own islands, separated according to discrete payment businesses or at least discrete geographic units, rather than linked together for holistically serving all these liquidity purposes.
Tuesday, October 19, 2010
Recent economic upheaval has resulted in unprecedented consolidation and tremendous regulatory change. Banks are now wondering how to take advantage of the capital investments made during this time as well as how to generate profits.
Thursday, September 30, 2010
Flexible card management software enables customers to provide funds to their teenagers while still keeping a tight watch over spending and security.
Friday, September 10, 2010
A recent blog by Forrester's Reineke Reitsma claimed that vendors are looking for ways to increase the level of engagement with clients and to make it easier for clients to process their data and make it visually more interesting - and hopefully easier to use'.
Wednesday, September 01, 2010
It is an unfortunate truth that, along with a steep rise in unemployment and debt default, first-party fraud increases in recessionary times. This recession is like no other experienced in most people’s lifetime, and it is expected that first-party fraud will follow suit and increase to levels not experienced before either.