Bridging the gap between convenience and security for digital payments has long been a subject of discussion within the payments industry. Findings from an investigation undertaken by myPINpad into the gaps in the payment industry have identified a number of issues: Security concerns cause 35% of all abandoned carts in online commerce. Putting that in
Contactless payment is shifting retailer and consumer behaviour across Europe. ‘Tap and go’ introduces a whole new psychology, as it removes a number of physical steps when we pay in more traditional ways. The “pain of paying,” as behavioural economist Dan Ariely explains, is a very conscious moment in the physical payment process that can
Fiserv, Inc., a leading global provider of financial services technology solutions, announced that it was named a leader in both the IDC MarketScape: North American Mobile Banking Software Solutions Vendor Assessment (March 2015) and the IDC MarketScape: North American Mobile Banking Payments Software Vendor Assessment (April 2015). Fiserv was recognized due to its broad range
Cardtronics, Inc. announced an expanded ATM services relationship with CST Brands, Inc. Its subsidiary Cardtronics Canada, Ltd. was recently named the exclusive provider of ATM services at Corner Store locations across Quebec, Atlantic Canada and eastern Ontario locations. Cardtronics, the world’s largest retail owner / operator, has been Corner Store’s sole ATM services provider in
In an effort to help customers with their financial health, Commerce Bank has begun delivering complimentary FICO Scores to Commerce Bank Consumer Credit Card customers. Beginning immediately, Commerce Bank Consumer Credit Card customers can access their FICO Score on their monthly statement, for free. “The transparency of credit score information provided by the FICO Score
As part of its commitment to protecting customers’ financial security, Chase plans to convert more than 70% of its credit and debit cards to chip technology by the end of 2015. Through these migrations, more than 80% of total Chase cardholder spending will be on chip-enabled cards. The bank is also upgrading its ATMs to
Oberthur Technologies (OT), a world leader in digital security solutions for the mobility space launches SMART PREMIERE, a unique range of luxury payment cards to target affluent customers. These new luxury cards will be showcased during the Cards & Payments Middle East 2015 event taking place in Dubai on 12th – 13th May. Thanks to
Transaction Network Services (TNS) is taking centre stage at the Cards & Payments Conference in Melbourne next week when it showcases its latest two new payments solutions and a senior executive plays a major role in the conference agenda. Delegates will be able to learn more about TNS’ new Global Wireless Access product, which is
For years authentication has been a thorny issue for banks and financial institutions, particularly in the world of mobile services. To date, these organisations have focused on building two of the three primary sources of authentication data into their products and services, namely ‘something you know’, like a password, and ‘something you have’, like a
Restaurants, retail, healthcare, education – no industry or company is immune to a potential data breach. It was reported that Harbortouch, a leading national supplier of point-of-sale (POS) systems, was the latest company to fall victim to a data breach. Harbortouch disclosed that a breach involving “a small number” of its restaurant and bar customers
