The Windows are Cleaned. Now What?

Having ‘survived’ the conversion to Windows 7, not to mention upgrading to Diebold’s new Agilis 3.0 and a total processing conversion of PIN and ATM, for our ATM fleet and PIN debit processing, we are left looking out at the landscape to ask, “What’s next?” Speaking to many colleagues either on a one-2-one basis, orContinue reading “The Windows are Cleaned. Now What?”

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.”Continue reading “Payments Security is a Moving Target…Pun intended”

Durbin…the myth of lower costs to consumers continues, and still we wait

Since the original smoldering of the 2008/2009 financial implosion gave fuel to the Dodd-Frank movement, the whispers of a grand attack on processing interchange were heard, and culminated in the infamous Durbin Amendment. A short sighted, reactionary, and fear mongering attack propelled by bad data, a sense of ‘financial unfairness’, angst towards the financial sector,Continue reading “Durbin…the myth of lower costs to consumers continues, and still we wait”