June 24, 2015

Retailers often may not have the tools they need to effectively fight omnichannel fraud.

June 5, 2015

Most retailers will never recoup the expense that EMV imposes, according to research from IHL Group, and the study says there is a much better approach to protecting retailers and consumers.

June 4, 2015

Visa Inc. and Verifone are launching a partnership that will enable retailers to offer their customers a more streamlined, secure purchase experience across digital and physical environments.

May 27, 2015

America’s love affair with credit cards continues heating up. According to The Nilson Report, purchase volume at merchants for general purpose-type consumer and commercial credit, debit, and prepaid cards issued in the U.S. totaled $4.91 trillion in 2014, up 8.4% from 2013.

May 26, 2015

Nordstrom and Toronto-based TD Bank Group announced an agreement under which TD will acquire Nordstrom's existing U.S. Visa and private label consumer credit card portfolio, which currently totals about $2.2 billion in receivables.

May 21, 2015

Manhattan Associates Inc. is entering a strategic alliance with Verifone that will offer retailers flexible and secure point of sale (POS) solutions as well as streamlined EMV migration.

May 8, 2015

Despite some reservations, a federal judge is reportedly refusing to block a proposed settlement between Target Corp. and MasterCard related to the retailer’s 2013 data breach.

April 30, 2015

The upcoming Oct. 1, 2015, mandate for U.S. retailers to adopt POS systems that can securely accept and process transactions using EMV (Europay, MasterCard, Visa)-compliant, chip-based payment cards is fast approaching. Retailers that are not in compliance with the mandate after that date will be held liable for any fraudulent transaction committed with a chip-based card. However, retailers that have not completed — or started — their compliance efforts should not necessarily panic.

April 16, 2015

American Express and wearable device provider Jawbone are launching a new partnership giving eligible U.S. American Express card members the ability to “tap to pay” with the new Jawbone UP4 fitness tracker. 

April 16, 2015

Target Corp. has entered into a settlement agreement with MasterCard International Inc.to resolve losses from the data breach that Target experienced during the fourth quarter of 2013. 

April 15, 2015

Target Corp. is reportedly nearing a $20 million settlement with MasterCard to cover costs related to the retailer’s 2013 data breach.

April 6, 2015

The Food Marketing Institute (FMI) is reportedly asking major credit card companies to delay the October 2015 mandate for U.S. retailers to comply with the Europay, Mastercard Visa (EMV) chip-based payment card standard.

March 27, 2015

The Home Depot Inc. was reportedly not in full compliance with data security standards when a major data breach began in April 2014.

March 18, 2015

American Express is preparing to launch a customer loyalty program in the U.S. that will enable shoppers at select retailers to rack up points that they can use toward future purchases at Macy's, Exxon Mobil, AT&T and other participating companies.

March 12, 2015

Nearly 80% of all businesses fail their interim PCI compliance assessment, leaving them vulnerable to cyberattacks.

March 12, 2015

Wal-Mart Stores Inc. has integrated the Visa ReadyLink instant fund service into its Rapid Reload network of prepaid card programs.

March 2, 2015

Costco Wholesale Corp. has entered into a new co-brand credit card program agreement with Citi and an acceptance and co-brand incentive agreement with Visa.

February 19, 2015

The Merchants Payments Coalition applauded U.S. District Judge Nicolas Garaufis’ ruling on Thursday that American Express credit card rules constitute an unlawful restraint on trade.

February 12, 2015

In a big loss for American Express, Costco Wholesale Club will no longer accept American Express cards at its U.S. stores starting on March 31, 2016, ending a 16-year-old exclusive relationship with the credit card giant.

January 21, 2015

With only nine months until the EMV migration deadline, retail and technology professionals are still unprepared, according to a recent survey by ACI Worldwide.

January 14, 2015

Even when retailers achieve compliance with the Payment Card Industry (PCI) Data Security Standard, they often fail to maintain it.

January 7, 2015

Consumers who may need some time to decide if they want to keep a purchase should consider applying for a Discover card.

December 30, 2014

 

One of the more innovative real estate tech products to emerge in recent years is Property Payments, a collaboration between MasterCard and International Bancard. CSA talked with David Iafrate, CEO, International Bancard, about the new product and what it will deliver to the industry.

December 8, 2014

Watch out, retailers with stores in Florida. The Florida State Legislature has tightened controls over businesses for data security breaches.