The deadline for PCI 3.0 is fast approaching, and failing to comply could cost your company up to $25,000 a month in fines. The EMV deadline is on the horizon also—a positive step for payment security but a potentially costly
In the days before mobile payments and virtual shopping carts, payment acceptance was rather one dimensional. Exchange goods/services for payment —end of transaction. As technology improved and additional payment channels were introduced, retailers developed what’s known as a multichannel approach.
Following the Target breach, 17.2 million credit cards had to be reissued to consumers across the country. The FBI has been warning of more breaches coming to light in the near future (Neiman Marcus, Marshall’s, etc.), so it’s pretty safe
Last week, BusinessNewsDaily (a publishing partner of the web-renowned Mashable), ran a story outlining the increased risk that small businesses face over large businesses in the area of mobile payment acceptance. The post references a study by LexisNexis and Javelin
From the first part of my blog post (Rethinking the Necessities of Reconciliation), you may recall the challenges that face your business during manual reconciliation of card payments. They included the following: Inaccuracy introduced by human error Long hours of
Maximize the Value, Minimize the Effort The customer facing side of the payment process is often prioritized over the quieter, more mundane back office processes. On the front end, it’s all about mobile apps, speedy authorizations, and headlines related to
With payment security currently in the national spotlight, CSO Rush Taggart and I decided to put together a white paper outlining our findings about recent data breaches and what could have been done to prevent them. The truth is, there’s
The trouble just keeps growing for Target, who announced that the number of customers affected by their recent security breach could be almost 3x what they originally estimated. In a statement made today, the company said: As part of Target’s
Payment security is complex, with risks and vulnerabilities present at every point of the processing chain. As hackers develop increasingly sophisticated methods to exploit the weak points of a business’s payment system, it’s no wonder why data breaches have spiked
When you boil it all down, PCI compliance is about doing what is right for your customers and maintaining their trust. Any good business wants to keep its systems secure and safeguard customers’ payment information. Unfortunately, the process and standards
What Merchants and Processors Need to Know About PCI 3.0, the EMV Deadline and P2PE
The deadline for PCI 3.0 is fast approaching, and failing to comply could cost your company up to $25,000 a month in fines. The EMV deadline is on the horizon also—a positive step for payment security but a potentially costly
Omni-channel—The Latest Buzzword in Payments
In the days before mobile payments and virtual shopping carts, payment acceptance was rather one dimensional. Exchange goods/services for payment —end of transaction. As technology improved and additional payment channels were introduced, retailers developed what’s known as a multichannel approach.
A Fleet of Reissued Cards Is Coming—Here’s How to Make Them Update Themselves
Following the Target breach, 17.2 million credit cards had to be reissued to consumers across the country. The FBI has been warning of more breaches coming to light in the near future (Neiman Marcus, Marshall’s, etc.), so it’s pretty safe
What Mashable Missed: Fraud Isn’t the Only Risk for Small Businesses Accepting Mobile Payments
Last week, BusinessNewsDaily (a publishing partner of the web-renowned Mashable), ran a story outlining the increased risk that small businesses face over large businesses in the area of mobile payment acceptance. The post references a study by LexisNexis and Javelin
Rethinking the Necessities of Reconciliation (Part 2)
From the first part of my blog post (Rethinking the Necessities of Reconciliation), you may recall the challenges that face your business during manual reconciliation of card payments. They included the following: Inaccuracy introduced by human error Long hours of
Rethinking the Necessities of Reconciliation (Part 1)
Maximize the Value, Minimize the Effort The customer facing side of the payment process is often prioritized over the quieter, more mundane back office processes. On the front end, it’s all about mobile apps, speedy authorizations, and headlines related to
The Path to Payment Security
With payment security currently in the national spotlight, CSO Rush Taggart and I decided to put together a white paper outlining our findings about recent data breaches and what could have been done to prevent them. The truth is, there’s
Payment Security Lessons from the Target Breach
The trouble just keeps growing for Target, who announced that the number of customers affected by their recent security breach could be almost 3x what they originally estimated. In a statement made today, the company said: As part of Target’s
5 Myths of Encrypting and Tokenizing Sensitive Cardholder Data
Payment security is complex, with risks and vulnerabilities present at every point of the processing chain. As hackers develop increasingly sophisticated methods to exploit the weak points of a business’s payment system, it’s no wonder why data breaches have spiked
6 Questions to Understanding PCI Compliance
When you boil it all down, PCI compliance is about doing what is right for your customers and maintaining their trust. Any good business wants to keep its systems secure and safeguard customers’ payment information. Unfortunately, the process and standards