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...
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...
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...
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...
Tuesday, July 27th, 2010
Businesses in the Hospitality Industry are most at risk of compromising client card data. What can managers do to improve their own business and set it apart from their peers? I was impressed with many of the pointers in Visa...
Wednesday, July 7th, 2010
Visa's contactless cards in UK circulation passed the 8 million mark in June and will grow to 12 million by the year end, so reckons the card scheme. Whilst much of the current growth is down to Barclays' decision to issue contactless cards as...
Wednesday, June 2nd, 2010
Visa has launched its CodeSure system to make online transactions more secure. Cards have a display and generate one-time codes to authenticate online transactions. Once in issue, Visa cards will feature an alpha-numeric display and a 12-button keypad built into the back of a...
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...
Thursday, March 11th, 2010
Yesterday the UK Cards Association reported a drop in card fraud losses of 28% in 2009. Transactions where card holders are not present (phone, internet and mail order) continue to be the main area of losses at 60% of...
Friday, March 5th, 2010
Customer "plastic card" data security is still lax for many UK retailers. Staggeringly the vast majority have still to be certified as PCI DSS* compliant. Even more worryingly, a third appear unsure if they will meet the planned 30th September deadline. These latter are in real...