Online banking and mobile operating system (OS) malware saw a marked increase during 2013, according to a TrendLabs study. The fourth quarter of 2013 saw a 200 per cent increase in the number of banking-related malware incidents. “Online banking malware took center stage in terms of volume increase. Our number of online banking malware detections
European consumers are concerned that draft EU legislation currently under discussion would make paying with cards more expensive and more complicated. According to a recent poll in 13 European countries, 2 in 3 consumers believe that proposals to cap interchange fees would make it worse for them to use their bank cards and 8 in
First Data Corporation, a provider of in payments processing and electronic commerce solutions, has released its First Data SpendTrend analysis for Jan 2014, compared to Jan 2013. SpendTrend tracks same-store point-of-sale data by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks from nearly four million U.S. merchant locations serviced by First Data.
2013 marked an important mobile payment’s “first,” with tablet payments comprising almost half of all mobile commerce. Javelin Strategy & Research have released Mobile Payments Market: Tablet Payments Surge as Overall Mobile Retail Sales Top $60 Billion which provides an in-depth study of the mobile shopping market, including market sizing of online, app and proximity
ATMIA has launched the first-ever industry-endorsed online training certification for ATM operators (Financial Institutions and IADs). The ATMIA Academy training program consists of over 100 sessions divided into 5 courses that members can access individually or in teams. The material was based on intensive global research into current ATM operational practices and procedures. Mike Lee,
Furthering its mission to expand Internet commerce, Stripe has announced the ability for users to accept more than 130 currencies. Businesses running on Stripe can now instantly begin selling in nearly any currency, from Euros to U.S. Dollars, Algerian Dinar to Chinese Renmibi. Online businesses benefit from an increasingly global audience for goods and services.
TSYS has announced the publication of a white paper titled “Implementing a Successful Commercial Card Program in Turkey — Avoiding Pitfalls: Lessons from the U.S. Experience.” The paper outlines the market opportunity and key drivers for commercial card growth in Turkey, drawing on experiences in the U.S. commercial card market to provide insights on accelerating
Payment Alliance International (PAI) is pleased to announce the election of Executive Vice President and Chief Operating Officer Gregory Sahrmann, as co-chair of the ATM Industry Association (ATMIA) U.S. board of directors. Sahrmann’s co-chair partner is Steve Gernes, ISO segment manager, from Elan Financial Services. They will officially assume their roles at the next ATMIA
The CardLinx Association, the new association that facilitates the interoperability and growth of card-linked offers (CLOs), and Deem, a cloud commerce company delivering Commerce-as-a-Service (CaaS) to a large and diverse ecosystem of customers, has announced a new draft protocol, the CardLinx Chameleon Standard, for pro-actively combating fraud resulting from returns of CLO purchases. CLOs are
Fiserv, a provider of financial services technology solutions, has announced that Bangkok Bank Public Company Limited, the largest bank in Thailand with more than 17 million customer accounts, has upgraded its mobile banking, alerting and payments platform to Mobiliti Edge from Fiserv. With Mobiliti Edge, Bangkok Bank customers will be able to securely access their
