Tokenization as a Future of Payment Security. End-to-end encryption has been providing security during the transaction of payments for some time now. While it is handy in several instances, it can be bypassed, as evidenced by the different cases of data breaches across the world. For the specified reason, there has been an ever-increasing need…
What does PCI compliance mean for your small business? PCI DSS compliance can often seem like a mountain to climb for small businesses, but that needn’t be the case. With the right knowledge and the right partners, it can be understood (and achieved) without much trouble at all. What is the PCI DSS? PCI DSS…
The path toward adulthood often begins with your first credit card, as building credit can open doors to many other financial milestones. In starting down this path, two things are paramount: First, choosing the right credit card for your financial needs and goals, and second, having responsible financial behavior once you’ve made your selection. As it turns…
Biometric Customer Authentication is Hot Right Now, But It’s Not a Cure-All for CNP Fraud. Two big pieces of news from the payments world have put the spotlight on biometric authentication tools for shopping and banking, and at a glance it seems like biometrics could fix a lot of the fraud challenges the retail and…
It would be easy to think that, by now, concerns about security in mobile payments would have been rendered obsolete. And why not? These systems have been in place for years, used routinely, with no sign of there ever being a problem. Yet a new report from Transaction Network Services (TNS) shows the old problem…
We’ve been following developments in mobile order-ahead / mobile payments options for restaurants here for some time, owing largely to their ability to speed up a dining experience and get some of the unpleasant parts of it out of the way faster, like waiting for someone to actually bring a bill to your table. New…
Software developers unfamiliar with the nuances of incorporating credit card processing into their software might wonder what the term “PCI compliance” is when they hear it and be confused about why it matters for their business. PCI compliance represents adhering to the Payment Card Industry Data Security Standard (PCI DSS), which has been endorsed by…