"Killer App" Will Drive Widespread Mobile Payments Adoption March 07, 2014A survey of mobile industry insiders by SAP also reveals that most believe banks should be creating and running mobile payments networks.
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. Cutting Complexity Out of Mobile Payments March 03, 2014The announcement by MasterCard and Visa that they will support Host Card Emulation could set a simpler path for mobile payments innovation and adoption. How MasterCard Is Pushing Mobile Payments Ahead February 25, 2014MasterCard unveiled a number of new initiatives at Mobile World Congress this week that could help further mobile payments in the U.S. and abroad. Upgraded Citi Mobile App Strives to Meet Customer Expectation February 21, 2014The bank sought customer feedback when creating its newly redesigned app.
How Collaboration Fueled Launch of BNY Mellon’s New Payments Infrastructure February 20, 2014Operational efficiency, continuous process improvement and faster time to market are anticipated benefits of what BNY Mellon Treasury Services CIO Saket Sharma calls a "payments ecosystem." 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. Let's Be Friends: Banking & Merchant Trade Groups Launch Cybersecurity Partnership February 14, 2014After weeks of finger-pointing regarding responsibility for responding to recent card breaches, 13 trade groups say they will cooperate on information sharing and improved card security technology. U.S. Bank Pilots Voice Biometrics As Secure Way To Access Card Accounts February 12, 2014In an expansion of work on voice recognition that U.S. Bank and Nuance Communications started last year, the technology is being used to eliminate passwords, PINs and security questions. 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. The Power Of Social Payments February 11, 2014RBC became the first North American bank to roll out a P2P service using Facebook Messenger, as the trend of social media payments looks to be ready for take-off.
Most U.S. Consumers Uncomfortable with Using Alternative Currencies February 07, 2014A new survey shows that U.S. consumers are mostly unaware of Bitcoin and the concept of alternative currencies, and also would never use them. Fifth Third Launches Enhanced Payment Solutions For Commercial Card Customers February 06, 2014The enhancements are designed to help commercial customers move away from costly paper-based payments such as checks.
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. Finding The Balance Between Compliance & Security February 03, 2014IT departments can reduce security risks by combining the flexibility of ISO 27000 with the stringent requirements of PCI. Here's how.