Global retail bank IT spend to soar - Ovum
August 8, 2014 - Global retail bank IT spending is to set to rise 19.9% over the next four years to hit $150 billion in 2018, according to figures from Ovum.
Visa analytics cut fraud at the pump
August 7, 2014 - Visa Inc. (NYSE:V), the global leader in payments, is helping U.S. fuel retailers prevent credit and debit card fraud at the pump with intelligent analytics that identify higher-risk transactions that may be fraudulent.
Bindo launches EMV card reader for cloud-based POS system
August 7, 2014 - Bindo, a leading retail technology company that aims to close the gap between selling offline and online for retail store owners, today announced the launch of a mobile EMV credit card reader for its cloud-based iPad point-of-sale (POS) system.
PCI security council cautions on third party guidance
August 7, 2014 - Businesses are rapidly adopting a third-party operations model that can put payment data at risk.
US retail lobby calls for open standards for tokenisation
August 4, 2014 - Today, the Food Marketing Institute, Merchant Advisory Group, National Association of Convenience Stores, National Grocers Association, National Restaurant Association, National Retail Federation, and Retail Industry Leaders Association released the following statement on tokenization technology in the United States:
European card fraud losses hit new high - Fico
August 4, 2014 - FICO, a leading predictive analytics and decision management software company, today published its latest map of card fraud in Europe, showing that card fraud losses in 2013 for the 19 European countries studied reached €1.55 billion.
US govt warns retailers about new POS malware family
August 1, 2014 - The US government has put out an alert warning retailers about a new family of malware, dubbed Backoff, targeting point-of-sale systems.
Finally, Sepa migration deadline day arrives
August 1, 2014 - After a 15 year slog, the Single euro payments area (Sepa) hits a major milestone today with the full implementation for credit transfers and direct debits in the euro area.
