As more consumers engage with retailers through multiple channels — with an ever-increasing range of payment methods and devices — retailers are faced with added challenges, including heightened exposure to fraud risk and increased complexity of fraud management. And, according to a recent ACI Worldwide study...
Apple Pay’s expansion into the U.K. will start next month with 250,000 merchant locations accepting the mobile payment option. And while some say that 2015 will be “the year of Apple Pay,” Apple’s recently published FAQ on how things will actually work has dampened the general mood...
While there was a lot of excitement around card-linked offers when they were first introduced into the marketplace, things seem to have cooled — or at least quieted down. Souheil Badran, the newly appointed president and CEO of edo Interactive, agrees but believes that mobile can reignite...
Global payments provider First Data launched the Clover Mini, its new POS device for brick-and-mortar stores, yesterday (June 16). The device strives to create an “all-in-one” solution aimed at streamlining operations, expanding business and customer intelligence, and improving the customer experience. “Just as the smartphone changed the...
MasterCard announced yesterday (June 15) a new partnership with Ecobank to push electronic payments over the next 10 years in 32 sub-Saharan African countries – where, according to Michael Miebach, MasterCard President, Middle East and Africa, 90 percent of transactions are made in cash. MasterCard follows main...
There are many mental images one could associate with Canada and Canadians. Scenic vistas, moose, skiing, and maple syrup, for example. But monikers like “digitally savvy” or “mobile enthusiasts” maybe not so much, though in recent weeks the Canadian mobile market has gotten a bit...
Kohl’s is the latest retailer to hop aboard the Apple Pay bandwagon, joining a constantly evolving list of big names. But its fall rollout will also include a unique aspect, as Kohl’s plans to integrate its Kohl’s Charge private credit card and its Yes2You Rewards loyalty program within Apple...
The MalumPOS malware is a newly discovered attack tool with the ability to steal payment data from point-of-sale systems running a popular type of Oracle software, Trend Micro threat analyst Jay Yaneza said in a recent blog post. Its prime target is Oracle’s MICROS platform,...
TSYS announced Monday (June 8) that it has enhanced its card production capabilities with an eye on the October 2015 transition to EMV and chip cards in an effort to help businesses navigate the liability shifts that will occur with that transition. The company, which...