Javelin forecasts US to reach global parity in EMV by 2018
May 6, 2014 - The U.S. roadmap for the deployment of EMV has existed since 2012, providing the payment industry with plenty of time to prepare for the transition from magnetic-stripe cards to smart cards.
Target names DeRhodes CIO; partners MasterCard for chip and PIN
April 29, 2014 - Target has hired industry veteran Bob DeRodes to overhaul its security efforts in the wake of its recent massive data breach. The retail giant has also outlined plans to incorporate MasterCard chip and PIN technology across its card portfolio.
Swift upgrades Bankers World reference data directory
April 25, 2014 - Swift announces the launch of a new version of its Bankers World Online directory, an online query tool which has been significantly upgraded to provide more data coverage, a wider breadth of financial information (including data from Reuters, Dun & Bradstreet, and Moody's), and new intuitive features and functionalities.
Digital River extends SMB payment processing tech to UK merchants
April 23, 2014 - Digital River (NASDAQ: DRIV), a leading global provider of Commerce-as-a-Service solutions, announced the expansion of its Digital River SMB Payments solution into the United Kingdom (U.K.).The solution offers small and medium enterprises, commerce providers, systems integrators and developers turn-key access to credit card processing capabilities for Visa, MasterCard and Maestro cards in Euros and Pound Sterling. The SMB solution already supports more than 17,000 merchants and partners in Canada.
Atlas ATS sets out plan to be first regulated US bitcoin exchange
April 23, 2014 - Atlas ATS and The National Stock Exchange ("NSX") today announced they have signed a Memorandum of Understanding to have NSX develop and enforce rules to regulate Atlas ATS, thereby making Atlas the first fully regulated U.S. - based digital currency exchange.
Coversure chooses Callstream for PCI compliance
April 7, 2014 - Coversure Insurance Services, the UK's only insurance broker franchise, today announced that it will use technology from Callstream to ensure its 100 regional franchise offices comply with the highest PCI-DSS requirements over data security when taking credit card payments, without jeopardising FCA compliance.
As US card fraud rises, firms increase security spending
April 4, 2014 - US credit card fraud increased last year despite efforts by firms to beef up their security, according to an Association for Financial Professionals (AFP) survey.
Hackers steal Texas liquor store chain customer data
April 3, 2014 - More than half a million people may have had their card data stolen after a data breach at Texas wine and liquor store chain Spec's which dates back 18 months.
