First Data announces its much anticipated IPO!
CEO, Frank Bisignano and his team have taken First Data to new heights in payment space with their acquisitions of Clover, Perka and now Transaction Wireless.
Online Skincare Merchants at Risk!
Yesterday the FTC announced it is stopping a group of Skincare Marketers’ online sales because it was determined the “free trial offer” had recurring fees unknown to the consumer. Please be cognizant that all online skin care merchants will be closely watched by their merchant processing banks and processors/banks may not even consider underwriting this […]
PrePaid Commercial Spending Cards
Instances covered by news media of employee theft via credit card misuse underscore the need for businesses to regularly consult with their a payment solutions provider for a review of all facets of payment operations. While paper checks still dominate the commercial payment landscape, the fastest growing card is the reloadable (prepaid) signature card. Most […]
Data Breach Projections
According to Forrester’s 2015 Planning for Failure report, at least 60% of enterprises will discover a breach of sensitive data during 2015. Follow these 5 quick tips to protecting your business. 1. Change passwords frequently. 2. Tokenize transactions when possible. 3. Never store complete cardholder data. 4. Background every employee who handles cash and credit […]
Mobile Payments Revolutionized
The evolution in the payments space is in hyper drive. In 2015, Samsung acquired LoopPay, an ApplePay® competitor. This month we watched as LoopPay’s CEO, Will Graylin, wowed the attendees of #TRANSACT15 with a demonstration of how LoopPay’s new and fascinating technology integrates with the Samsung Galaxy 6. LoopPay allows users to upload all types of cards […]
Intel and Ingenico Announce Partnership
Staying on top of payments technology trends is essential to our clients. Last week Card Systems participated in TRANSACT 15, the annual meeting of the Electronic Transactions Association held in San Fransciso. During the event, Intel Technology and Ingenico made an announcement regarding their partnership to help protect our transactions, run our businesses more efficiently, […]
Target Breach – 2013
40 million credit and debit card numbers stolen from Target between Black Friday and Christmas 70 million names, addresses, e-mail addresses and phone numbers of Target shoppers stolen 46% – the amount Target’s profits dropped in the fourth quarter of 2013 compared to the previous year $200 million – estimated cost to credit unions […]