After the Home Depot breach of some 56 million pieces of card data, it was only a matter of time before it would deliver the fraudulent purchases that fund such an attack. That time has now arrived with bad purchases now “rippling across financial institutions...
Meeting the needs of the omnichannel consumer is hard. Yet consumers have very little patience with merchants that can’t meet their needs. A new Vantiv Insight report provides new perspectives about why consumers give merchants a failing grade on their omnichannel report cards and what...
Is a vague comment from the CEO of SoftCard (formerly ISIS, the AT&T, Verizon and T-Mobile mobile payment effort) that his group is “actively working with Apple” to be permitted onto the iPhone in 2015 “using integrated secure SIM-based hardware” an indication of a future...
MasterCard is labeling “successful” a biometrics payments trial (facial plus voice) where more than 14,000 transactions were confirmed in a closed iOS and Android pilot using only MasterCard employees, according to a Computerworld report. An employee-only trial would ostensibly solely be a test of the...
While the world’s now focused on Apple Pay, there’s another “A” player that’s just as capable of shaking things up in mobile payments. Android. Except that there’s just one problem, well actually there are five, that are getting in the way of making it the...
There’s little debate that Apple Pay is going to sharply boost mobile payment security. After all, replacing signature or a 4-digit shoulder-surfing-vulnerable PIN with a biometric authentication is a big step in the right direction. No authentication system is perfect, but being more secure than...
The Alibaba Primer Jack Ma turned his 1995 launch of Chinapages.com into a global internet presence that has dwarfed both eBay and Amazon by doing one thing very well: understanding the constraints of doing business in China (and capitalizing on them) as well as the...
Sandwich chain Subway will roll out NFC-based mobile payments on Oct. 1 at 26,000 U.S. locations, The Paypers reported — and they won’t use Apple’s new Apple Pay. The sandwich giant will be expanding a pilot it started in 2013 with Softcard, the mobile payments...
With the release of the iOS 8 yesterday came the launch of the first major bug in iOS 8. An email from customer service sent from Pay Simple yesterday alerted users that there is a widespread functionality problem in iOS8 that makes swiping credit cards...
