First Data, the global leader in payment technology and services solutions, and UL, an industry leader in payment security and compliance, announced a collaboration to help U.S. merchants expedite their acceptance of EMV-enabled credit and debit cards. Large-scale theft of consumer payment data from merchants’ integrated point-of-sale (POS) systems is among the biggest issues facing
TSYS has published a white paper entitled “Opportunity Knocks: How Card Issuers Can Address Consumers’ Concerns Around Payment Security.” The paper explores changing consumers’ sentiments and the growing concern around the security of their data by highlighting results of the 2014 TSYS Consumer Awareness Data Security Study. The report examines actions financial institutions may take
MasterCard and Visa have announced the formation of a new cross-industry group focused on enhancing payment system security to keep pace with the expectations of consumers, retailers and financial institutions. The group will initially focus on the adoption of EMV chip technology in the United States, in addition to addressing other security-related topics, including tokenization,
ProPay, a TSYS company and industry leader in merchant services, payment security and mobile payments, announced the launch of Shop in Your Currency™, a multi-currency processing solution powered by Planet Payment, for ProPay merchants. Shop in Your Currency empowers ProPay’s e-commerce merchants to more effectively target foreign markets and grow international sales. With the solution,
The Clearing House (TCH) announced that it is working with America’s leading financial institutions to develop an industry wide dynamic credentialing solution to improve the safety and soundness of digital payments. As a first step, TCH, which is comprised of 22 member banks, is developing a pilot program to demonstrate a solution that would foster
eCentric Switch, a leading South African Payment Service Provider announced that it has joined the PCI Security Standards Council as a new Participating Organization. eCentric Switch will work with the Council to achieve and improve payment data security worldwide through the on-going development of the PCI Security Standards, including the Payment Card Industry Data Security
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