NCR Payment Suite, consisting of Authentic and Fractals, has been certified as PA-DSS 3.0 compliant by the PCI Security Standards Council (PCI SSC).
MasterCard has ankled Craig Vosburg to president, North America Markets, effective January 1st. This appointment comes as Chris McWilton announced he will leave MasterCard on December 31.
NCR released the latest version of its Fractals enterprise fraud detection solution, which delivers new eBanking fraud detection, powerful new fraud management features and an enhanced user interface. This new release incorporates many additions built in response to requests from the Fractals customer base.
Verifone Engage has become the next generation family of payment devices that globally redefines what’s expected of point-of-sale (POS) hardware and software. Verifone Engage is the company’s first-ever, fully-integrated, Linux-based product family, encompassing a complete range of payment solutions for merchants, acquirers, and service providers.
Visa has pulled the curtain up on its Visa Integrated Marketing Solutions (VIMS), a card marketing platform designed to help small to medium-sized issuers optimize their marketing efforts.
A seven city tour to celebrate the launch of Samsung Pay in the United States will get underway. Samsung will give consumers in Austin, Dallas, Atlanta, New York, Chicago, San Francisco and Los Angeles a special opportunity to unlock special offers and prizes through Samsung Pay.
Eight financial institutions reported that 30% of their U.S. consumer credit and debit cards contain EMV chips as of June 30. These issuers represent approximately 50%of U.S. payment card volume.
Verifone has been approved by JCB to support J/Speedy v1.3 “making Verifone’s merchant clients the first to be able to accept this latest version of the contactless EMV payment program used by JCB cardholders.
The CardLinx Association announced the availability of a new online system enabling merchants and their card-linked technology partners to share their card-linked offers with digital advertising publishers. Card-linking enables consumers to link their existing credit or debit cards to digital coupons, loyalty programs or mobile wallets.
TouchSuite has ankled payments veteran Richard Parrott as Executive Vice President focusing on the diversification of the company. This is a new position for TouchSuite.
Samsung Electronics America has unleashed Samsung Pay in the United States today. Samsung Pay launched initially in Korea on August 20th. Plans for bringing the service to the China, Spain and the U.K. are also underway.
With huge influx of new payment solutions into the industry, both opportunities and challenges for merchant acquirers have reached a new level. There is paradigm shift from conventional services, such as accepting mag-stripe debit/credit cards, and mail and telephone orders, to new acceptance channels as a result of e-commerce/m-commerce, contactless technology, mPOS and omni-retailing.