Payments Security is a Moving Target…Pun intended

“Visa’s participation in FIDO complements its work with MasterCard and American Express to replace account numbers with a digital token for online transactions. The payments industry is hyper-aware of security issues in the wake of the holiday-season Target breach and with the expectation that the ongoing shift to EMV-chip cards will move fraud to e-commerce.”

From Russia…with No Love for MC or Visa

This’ll be interesting to watch.  While Visa and MasterCard are brushing the percentage of income that they derive from Russian card usage (interchange and processing fees)…it could set an ugly precedent for other countries to try to do this.  And you thought Durbin was going to negatively impact your FI’s bottom line.  Wait till Visa

Wanting the fastest car in the race but never wanting to change the tires?

Interesting article, and one that should spark some changes in mindset in our industry.  For way too long in the ATM industry, whether they be a FI or an ISO, the digital stewards have treated ATMs with the ‘deploy and forget’ mentality.  You’d think with the onset of Windows, ADA, deposit automation, card user specific

EMV Adoption….quickly doing nothing is not a plan

While I don’t find this as shocking as some might ….anyone remember how long 3DES took and its hurdles to get compliance across the country? I do find it a bit short sighted. Yes, it’s costly. So is doing nothing. VISA & MasterCard have made strides since their unified AID statement in 2013 that has