CFPB issues advisory on digital currency risk, invites consumer complaints

August 11, 2014

The CFPB has previously shown an inclination toward rule-making in response to consumer complaints; now it has Bitcoin and other digital currencies in its…

Research: 'Preparing for 2015: The Year of the Liability Shift'

August 7, 2014

A new Mercator research note explores factors influencing the willingness, motivation and speed of payments players in implementing EMV technology.

Wipit expands product offering to include in-app barcode payments at retail POS

August 6, 2014

Mobile wallet provider's wallet is aimed at financially underserved consumers.

Global Payments to offer bitcoin acceptance

August 6, 2014

Payment solution provider Global Payments Inc. announced that it has signed a referral agreement with BitPay that will allow Global Payments to incorporate…

Target takes a Q2 hit of $148M in costs from data breach

August 5, 2014

The figure includes estimated probable losses for what the company believes to be 'the vast majority of actual and potential breach-related claims,' including…

Department of Homeland Security warns retailers of new POS malware

by James Bickers — Editor, Networld Alliance

August 1, 2014

Backoff uses a variety of methods to compromise the POS, including keylogging and injecting malicious code into explorer.exe. That second one is particularly…

Ingenico to deploy Canada's first EMV and contactless mPOS product

August 1, 2014

Ingenico Group announced Thursday that Moneris Solutions Corp., Canada's largest credit and debit card processor, has selected Ingenico to deploy Canada's…

LevelUp intros physical and digital gift cards

July 31, 2014

Mobile payments company LevelUp today announced the launch of a gift card feature, according to a press release. Businesses can enroll in the program…

BitPay announces free-of-charge bitcoin processing for merchants

July 30, 2014

Digital currency firm BitPay has announced a new pricing plan which offers basic payment processing free-of-charge, forever.

First Data to acquire gift card platform Gyft

July 30, 2014

First Data has announced the acquisition of Gyft Inc., a digital platform that enables consumers to buy, send, manage and redeem gift cards using mobile…

MarketLive integrates login and pay with Amazon

July 29, 2014

E-commerce platform MarketLive has announced a strategic agreement with Amazon Payments, offering the ability for MarketLive merchants to help streamline the…

Visa launches new tools to secure payments from Internet-connected devices and wearables

July 24, 2014

Visa Inc. today announced the creation of Visa Digital Solutions, what the card company said is a comprehensive suite of offerings that facilitate secure…

The latest payment breach victim may be Goodwill Industries

by James Bickers — Editor, Networld Alliance

July 22, 2014

Brian Krebs, the noted security blogger whose recent claim to fame was breaking the news of the Target breach, reports in his blog that banks are reporting a…

Globally 3 in 10 consumers don't trust retailers with securing their data

July 22, 2014

A global fraud study of more than 6,100 consumers across 20 countries has revealed distrust among global consumers in retailers to protect their data.

ACI Worldwide to acquire Retail Decisions to boost CNP fraud prevention

July 21, 2014

ACI Worldwide, a global provider of electronic payment and banking products, and Retail Decisions (ReD), a fraud prevention company, today announced that they…

Visa introduces Visa Checkout to replace V.me

July 16, 2014

Visa today announced the launch of Visa Checkout, a payment service that replaces V.me and enables consumers throughout the United States, Canada and Australia…

June consumer spending slowed slightly, but remained healthy

July 15, 2014

Consumer spending tottered a bit in June, but remained on its feet, poised to tackle its next steps forward. While slower than last month, solid June spending…

Slyde app combines loyalty, deals and touchless payments

July 15, 2014

SK Planet Inc., the U.S.-based mobile commerce subsidiary affiliated with wireless giant SK Telecom, has announced its beta launch of a touchless…

Payment security data breach trends to receive scrutiny at September summit

July 9, 2014

Massive data breaches have raised questions about how to better protect consumers' personal and payment data. This will be the focus of a general session at…

Study: Card fraud victimizes one in four consumers worldwide

July 8, 2014

According to a fraud study of more than 6,100 consumers across 20 countries, one in four consumers has been the victim of card fraud within the last five…