Personally Identifiable Information (PII) is the most valuable information for the worldwide network of fraudsters. PII records generally sell for around $50/record on the black market, as opposed to around $5/payment account number (PAN). You can do the ugly math on the Anthem healthcare hack that exposed 78 million records.
Archive for December, 2015
Payment Service Providers Lack Flexibility
Are you locked into one payment service provider (PSP) for your tokenization solution? What do you when your current PSP goes offline? What do you do when you need to utilize multiple PSPs in different geographical regions? PSPs have long held organizations hostage with onerous contracts, high transaction rates, and
Mobile Payments – Picking Up Speed
Apple Pay is going to China, Blackberry BBM Money is spreading through Africa, Samsung Pay is making inroads on Android—the whole mobile payment industry is catching fire. People are beginning to forget about the stumbling of MCX and other early attempts in the mobile payment world, which were so quickly