A new survey finds more than 50% of professionals believe the use of mobile payments systems increases the risk of suffering a data breach. More than half accept that risk (53%) and noted that, for their company, customer convenience is more important than security.
CardWeb.com’s CardWatch database of more than 57,000 marketing items today features the Discover customer service “Peggy” TV commercial.
MasterCard is beefing-up MasterCard Business Network by putting c-suite level information at business owners. MasterCard Business Network 2.0 was built in collaboration with and is powered by BCSG, a cloud solutions provider which supports small business clients around the world.
CardWeb.com’s CardData database of Company Profiles today features SafeCharge.
Visa has introduced an EMV toolkit to help business owners manage the transition to chip technology for credit and debit cards. VisaChip.com/BusinessToolkit provides merchants with a 10-step implementation guide, downloadable tools and resources, and a module to train employees on accepting chip cards at the point-of-sale (POS).
The migration to EMV chip cards may not be completed until sometime in 2018. A new survey of the big card issuers finds 98% of their credit and debit cards will contain EMV chips by the end of 2017.
CardWeb.com’s CardExecs database of payments industry movers and shakers today features Tom Kiernan, Chief Executive Officer of ClickPay.
U.S. small business optimism is reaching a fever pitch in 2015, soaring 33% since 2009 following the depth of the Great Recession, but businesses still struggle with attracting and retaining customers.
American Express has corralled nine major U.S. merchants to form the first U.S.-based coalition loyalty card program. The new Plenti card and/or FOB can be used any form of payment that the partner accepts at checkout – cash, credit, debit or prepaid and offers cardholders the ability to double-dip with other rewards payments cards.
The latest hacking victim is TX-based Sally Beauty stores. The company says it is currently investigating reports of unusual activity involving payment cards used at some of its U.S. Sally Beauty stores.
Tokyo-based Mitsubishi UFJ Financial Group (MUFG) has ankled Kanetsugu Mike to oversee MUFG’s businesses in the U.S. , Latin America and Canada. The leading credit card issuer created the position of Regional Executive for the Americas.
Austria’s BAWAG PSK has become one of the first banks in Europe to introduce cardless cash withdrawals at ATMs in all its branches. The technology enabling the new service is Wincor Nixdorf’s software platform PC/E with a smart client component that runs on the ATM, and a server component that authorizes the withdrawal via the code.