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Merchant Card PCI-DSS Guidelines updated

Wednesday, August 31st, 2011

In this holiday month the PCI Data Security Council has taken the opportunity to update guidelines for merchants using Wireless technology to collect payments and also to issue guidelines for the growing number of merchants employing Tokenization. The Payment Card...

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Cut card acceptance costs simply

Monday, April 11th, 2011

Having seen Chip & Pin widely accepted by cardholders and retailers for face-to-face transactions, the card industry has turned its attention to cutting identity fraud where the retailer and cardholder don’t meet. And after a few years of a...

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CARD FRAUD SUCCESSFULLY SQUEEZED

Wednesday, March 9th, 2011

Total fraud losses on UK cards fell by 17% compared to 2009. Total 2010 losses of £365.4m are the lowest since 2000 and follow on from a fall of 28% in 2009, says the UK Cards Association. The downward trend is...

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Say “No” to Card Cost Increases.

Friday, October 22nd, 2010

Have you been told that your card payment processing charges are going up? There is widespread evidence that most of the major merchant acquirers are imposing – or trying to impose - price increases across great swathes of their customer bases. The...

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Card Fraud Declines…but Expect No Complacency

Wednesday, October 6th, 2010

Expect more emphasis on plastic-card fraud prevention measures in the future .... because they are working! This author has long-blogged and written articles stressing the importance that the card industry places on security measures. Their success now seems apparent as...

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The Formal End of Cheap Money

Monday, September 13th, 2010

The world’s central banks have announced new “reserve capital” requirements for banks to – ideally – ensure they neither fail nor require taxpayer support in future crises. Whilst I personally welcome the fact that this is a unified global response...

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ABP Alliance

Friday, September 10th, 2010

Expense Reduction Analysts and ABP – Working In Partnership ABP Members get profit boost of £630,416 The Auto Body Professionals Club (ABP) is pleased to announce the excellent results that have been achieved so far from the profit improvement service...

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First new UK bank for 100 years!

Wednesday, June 16th, 2010

Metro Bank will - hopefully - be a name to reckon with before too long. Its first branch opens in London's Southampton Row on 29th July, with Earl's Court a week later. 12 more London branches and a total...

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The King is Dying, Long Live the King!

Wednesday, April 14th, 2010

Will Cash soon no longer be "King"? Card transactions could seize the UK "payments throne" within 5 years. In its 'The Way We Pay 2010' report, the UK Payments Council notes that cash, on the face of it, still appears...

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50% boost to Contactless Payment “Limit”

Tuesday, March 2nd, 2010

The upper amount for contactless card payments has been increased from £10 to £15. This is a big boost to the card industry's drive for wider acceptance of the payment method and brings the UK into line with the eurozone, where the limit is...

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