MasterCard is actively involved in the International Day of Peace for today September 21st. Many companies are donating television and digital media channels to drive support for the United Nations World Food Program (WFP), the frontline agency fighting hunger.
About 25% of U.S. debit cards – approximately 71 million cards – will be migrated to chip by the end of 2015. The percentage is expected to rise to 73% by the end of 2016 and 96% by the end of 2017.
During this decade, the average debit cardholder increased usage of debit at the POS by 32%. In the same timeframe, card use for ATM withdrawals declined by 41%.
CardWeb.com’s CardData Reports today features the
Debit Transactions in an EMV World by Mercator.
Digital currency, AppleByte, is ready to take crowdfunding to prime time with the launch of an Indiegogo Campaign to raise money for artists worldwide. While AppleBytes re largely person-to-person, they can be purchased with either a credit card or bitcoin.
Bank of Canada sent shock waves last night when it decided to cut overnight rates to 75 basis points (bps). This may have impact on Canadian credit card ABS.
Global PCI DSS policy templates containing literally hundreds of high-quality, professionally developed security documents for helping ensure comprehensive PCI DSS compliance & certification are now available for instant download.
While largely ceremonial, President Obama today signed an executive order at the Consumer Financial Protection Bureau mandating the use of smart payment cards in the U.S. for government payments. The payment transistion in the U.S. from mag stripe/signature card payments to Chip/PIN (EMV) is already underway and will be in full steam in 2015.
goSwiff mobile commerce and marketing launched a PINPad card reader to boost the efficiency and security of cashless mobile transactions across a range of markets. goSwiff’s pocket-sized PINPad card reader allows banks, MNOs and merchants to accept fast, safe mPOS transactions through their mobile devices on the go, so that no sales opportunity is missed. goSwiff PINPad is the only card reader in the market designed from the ground up for mobile payments in harsh environments. The goSwiff PINPad can cater to a wide range of mobile devices, offering great flexibility in terms of which platforms you wish to facilitate transactions on. With its Bluetooth V3.0 (Class II) connection, any mobile device is invited to take advantage of all that PINPad has to offer.
goSwiff mobile commerce and marketing launched a PINPad card reader to boost the efficiency and security of cashless mobile transactions across a range of markets. goSwiff PINPad is the only card reader in the market designed from the ground up for mobile payments in harsh environments.
Worldline payments and transactional services will be supplying the Aduno Group with payment terminals from the YOMANI series. The payment terminals, first introduced last year, are specifically suited for use at point-of-sale (POS) in catering and retail outlets.
Expertus cloud based payment services renewed its CSAE 3416 and SSAE 16 type II certifications. These internationally recognized audits ensures that Expertus’ controls related to financial, information and security adhere to accreditation requirements and industry best practices. Expertus understands the ever-increasing compliance burdens facing customers operating online. These accreditations reflect controls that are in place during the aforementioned period of time, and help to shift some of their financial reporting burden from customers to Expertus, allowing customers to use the certification report to satisfy their own auditors.