Mobile

10 Oct
2016

Staying Secure, While Using Mobile Banking and Payment Apps

Recently, Venmo was under heavy scrutiny from California regulators due to lack of controls. They have since added multi-factor authentication and email alerts for the security of their customers. When looking at Mobile Payment options: Does the app follow strict security guidelines? Does the app conform to PCI DSS standards?

05 Jul
2016

Forget EMV — We Want Secure Mobile Payments

I think everyone in the payments industry is equally frustrated with the move to EMV. The sheer cost of implementation is prohibitive for organizations, and that’s not even considering the lack of security inherent in EMV, but nevertheless EMV continues to be pushed on merchants worldwide. The biggest problem is

29 May
2015

Card-Not-Present Fraud on The Rise – Finance Industry On Notice

Card-Not-Present Fraud on The Rise – Finance Industry On Notice Card-not-present fraud is expected to hit $6.4 Billion by 2018. While EMV chip and pin cards, with their immediate authentication, use a great technology for card-present transactions, consider that the technology is over 20 years old and is just being

05 May
2015

MCX Better Fix the Holes in a Sinking Ship

MCX Better Fix the Holes in a Sinking Ship Mobile payments have seen a lot of players jockeying for position to lead the charge. ApplePay has been at the forefront of mobile payments, while pushing tokenization for security measures. Starbucks has continued to print money in their stores with the