There has been some debate within the merchant services industry as to how secure mobile payments are when it comes to protecting data. ... more
U.S. consumer spending rose in March following the largest gain since August 2009, concurrent with rising incomes, according to Commerce Department numbers. ... more
The FBI stressed four steps for thwarting wire fraud including training tellers and call center representatives to ask for full account numbers, authenticate transactions with challenge questions, and always request multiple contact numbers before cl ... more
The latest reports on prepaid card use indicate that consumers are warming up to the payment method. In 2011, prepaid card use increased 18 percent, according to Bloomberg. ... more
Credit card fraud and identity theft are still a major concern for consumers, according to a recent Federal Trade Commission (FTC) report. ... more
Retailers and consumers have an important decision to make when it comes to accepting PIN or signature authentication. ... more
A study by Retail Info Systems (RIS) reveals that over half of merchants are in the process of deploying new retail technology in stores - 28 percent of merchants are already testing out tablets and another 31 percent are planning to carry out trials ... more
According to a Digitas survey, consumers are becoming more comfortable with spending money on social networking sites by using online credit card processing services. ... more
One of the largest credit card firms in the country made headlines recently after it announced positive earnings during the fourth quarter of 2011. ... more
Payment Card Industry Data Security Compliance (PCI-DSS) is a vital part of many sectors, as the standards can go a long way in making sure credit card information is secure. ... more
