Keeping the Bank Account at the Center of Payments April 11, 2014Changing consumer behavior in payments is something banks cannot ignore.
MasterCard Contactless Payments Tripled In Europe Last Year April 08, 2014European adoption of MasterCard contactless payments is growing and could be setting the stage for mobile payments adoption there. Companies Boosting Fraud Prevention In Wake of Data Breaches April 04, 2014The AFP’s annual payments fraud report found a significant increase in card fraud and that companies are investing more in anti-fraud measures. Real Time Payments, Real Time Risk March 12, 2014What measures will banks need to take to handle risk in a real time payments environment? How Banks Should Respond to the New Players in Payments March 10, 2014New challengers are proving that banks don’t have all the answers to solving problems in payments, so what should (or can) banks do about them? Leveraging Location Tracking for Security and Compliance in RDC March 10, 2014WAUSAU is launching a new service to help banks keep track of where remote check deposits are occurring to help with KYC and AML compliance. Target Seeks New CIO March 06, 2014Data breach last year prompts CIO Beth Jacob to resign; Target will hire interim CIO and chief compliance officer. Taking the Next Step in KYC and AML Compliance March 06, 2014Regulators are demanding more and more from banks’ KYC and AML monitoring, making it increasingly necessary for the industry to collaborate on this costly area of regulation. clearXchange Adds Capital One to P2P Payments Network February 20, 2014clearXchange gets a boost from adding a new bank, and considers new strategies to attract users. Breaking Down the Impact of the Target Breach February 14, 2014The payments, banking and retail industries are still experiencing the fallout of the major data breach that hit Target last year. We take a look at the numbers behind the breach’s repercussions for banks, hackers and consumers. 3 Reasons Why Data Breaches Should be Combated with Card Instant Issuance February 14, 2014Instant card issuance can help banks quickly react to a data breach, cutting costs and improving customer service. How Single Use Virtual Cards Can Improve Digital Payments Security February 14, 2014Single use virtual cards are one way banks can help customers secure online payments in the wake of the Target breach, but gaining customer adoption remains a challenge. Could Banks Hold Back Faster Payments in the U.S.? February 12, 2014The Fed is pushing to implement a faster payments system in the U.S., but will banks getting banks to buy into it will likely be a big challenge. Collaborate or Lose Out: Working Together to Win the Mobile Payments Race February 11, 2014The role of agile development methodologies in the adoption of standards in mobile payments technology. Creating A Strong Foundation for Securing Payment Data With PCI Standards February 05, 2014The challenge of keeping data safe can’t be solved by a single technology, standard, mandate, or regulation. The PCI Security Standards Council is an example of the industry collaboration that is needed today. Amazon Planning New P2P Payments and Kindle Point of Sale Systems January 30, 2014The company is looking to hire help for a new P2P payments system to go head-to-head with PayPal, and is accelerating a Kindle point of sale project. Banks and Retailers Face Off Over Target Breach and EMV Adoption January 23, 2014Retailer and bank traded allegations yesterday over who is at fault for recent security breaches at major retailers. How Accuity Is Helping Increase STP Rates for International Payments January 22, 2014A new integrated platform will allow banks to quickly find routing and referential data to reduce risk and improve customer experience in international payments. Banking on the Death of Cash December 13, 2013Virtual currencies and new types of digital payments could reduce consumers’ reliance on cash. The Benefits of Real Time Payments December 09, 2013Banks need to begin align business cases to take advantage of immediate payments.