February 26, 2015

The credit card industry is lagging behind its own deadline to get more secure microchip-enabled credit cards into consumers’ wallets by October 2015.

February 24, 2015

American Express has officially launched its Small Merchant EMV Assistance Program, which was announced last October by President Obama.

February 21, 2015

The White House recently hosted a daylong Summit on Cybersecurity and Consumer Protection at Stanford University. Speakers ranged from President Barack Obama to Apple CEO Tim Cook to Walgreens president Alex Gourlay). Here are a few takeaways.

February 17, 2015

Deputy Secretary Sarah Bloom Raskin, U.S. Department of Treasury, on Friday discussed next-generation retail payment technologies designed to protect the convenience and sense of trust consumers hold for what has become an increasingly digital marketplace with several industry leaders across the omnichannel supply chain at the White House Summit on Cybersecurity and Consumer Protection.

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

PayPal will release a new PayPal Here credit card reader that will include payment support for Microsoft Surface and other Windows devices.

January 13, 2015

In a pilot implementation, NCR will deploy its SelfServ 90 for Japan’s Muji department stores.

January 12, 2015

As the use in-store mobile payment becomes more pervasive, consumers require increased education on the performance and ease of use of mobile pay services, a recent survey by Verifone of U.S. consumer attitudes suggested.

January 12, 2015

Survey results released by Boston Retail Partners found that the top IT priority for retailers in 2015 is focused on improving payment security, and protecting the confidentiality of sensitive information.

December 29, 2014

With innovative players entering the fold and the U.S. payments infrastructure upgrade well under way, the industry is poised for a shift over the next several years. As such, I expect the following trends will dominate the retail payments industry in 2015.

December 22, 2014

Epicor Software Corp. is launching a strategic partnership with integrated payment solutions provider AJB Software Design, Inc. to simplify and secure electronic payment acceptance at the point-of-purchase, enabling retailers to accommodate new and emerging methods of payment and comply with security best practices such as the forthcoming Europay, MasterCard and Visa (“EMV”) initiative. 

December 17, 2014

Payment technology provider First Data and secure payment acceptance technology vendor Verifone, are partnering to help retailers reduce exposure to large-scale consumer payment data breaches and expedite acceptance of EMV-enabled credit and debit cards in advance of the October 2015 liability shift for EMV-enabled payment card fraud.  

December 12, 2014

EMV is a great way to combat counterfeit cards at the point of sale (POS), but it does nothing to prevent the types of breaches seen in recent news headlines.

November 5, 2014

 

Retailers can keep customer data safe and also protect themselves against fraud-related losses by complying with PCI Data Security Standards, including the October 2015 deadline for U.S. retailers to accept cards with Europay, MasterCard and Visa (EMV)-compliant chips, advised Bob Russo, general manager, PCI Security Standards Council.

November 3, 2014

Verifone is making its secure commerce architecture, designed to significantly reduce merchant exposure to large-scale data breaches, available globally. 

October 28, 2014

McDonald’s accepts Softcard mobile payments in U.S.

October 17, 2014

At least 47% of U.S. merchant terminals will be enabled for EMV chip technology by the end of 2015, according to the Payments Security Task Force (PST).

October 17, 2014

President Obama on Friday signed an Executive Order designed to reduce cyberfraud and identity theft.

October 15, 2014

Between April and June of 2014, the retail sector led all industries in data breaches with 145 million records, or 83% of the total records compromised, costing retailers $195 per record apprehended.

October 13, 2014

VeriFone Systems announced RubyCi, an integrated site controller and point-of-sale (POS) solution designed to enable average-sized convenience stores and petroleum retailers to more efficiently manage their POS, payment and fueling systems and prepare their payments infrastructure for EMV.

October 6, 2014

After large-scale payment data breaches at Target, Sally Beauty, Michaels, Niemen Marcus and the recently confirmed breach at Home Depot, it seems that no retailer is safe from skilled hackers. The incidents also bring to light such questions as “why are payment system breaches happening more frequently?” and “how can they be stopped?”

September 30, 2014

With major credit card breaches recently confirmed at a number of America's largest retailers, payment security has become a serious problem almost overnight.

September 26, 2014

By Howard W. Herndon

September 26, 2014

Bob Russo, general manager, PCI Security Standards Council, offers the following advice about complying with PCI Data Security Standards, including the upcoming October 2015 deadline for U.S. retailers to accept cards with Europay, MasterCard, Visa (EMV)-compliant chips.