In another sobering reminder that the conveniences of electronic banking and payments bring their own unique risks, a report is out from the FICO folks — yes, those same people who so imperfectly…
Category: Card Processing
Small World, After All: The Effects of Card Use on Global Economies
“Greater worldwide card use raises a number of questions.” We would concur, and in fact say that wanting to answer those questions for you, and your business…
“Fintech” and Futures
Last week, we touched on a word that any reader of this blog should probably add to her vocabulary at this point: “Fintech.” As we noted, it’s a contraction of “Financial Technology,” and it’s popping up everywhere — particularly in studies of how fast…
Do You Use Mobile Phone Credit Card Processing? What You Need to Know Now
In fact, even pop-up roadside stands now have the ability to accept payments. As the world moves away from cash-based transactions, mobile…
Invisible Hands and Lax Security: The Ongoing Push for EMV Adoption
“‘My dry cleaner isn’t worried about someone using counterfeit cards at his cash register,’ he said, noting that many businesses meanwhile discount the chances…
VISA Revenue Up and So Is Chip Card Use — Along With Fraud Costs
An array of studies reveal interesting new “market metrics” for the economy, at least from the payment card side of the equation. Visa revenue in Europe is up 25% — to an all time high, as Pymnts.com reports.
Starting a New Business? Smaller, Mobile Models May Help You Get Started With Less Financial Risk
You have a great idea for a new business, but you just aren’t ready to take the plunge into a full-scale operation. After all, a new business often represents an enormous…
Of EMVs and Jackpots: Your Powerball Ticket Doesn’t Need a Chip — but Your Card Does
According to Forbes, “the hype around the Powerball far exceeds any market news this week,” and who are we to argue? Up through yesterday’s drawing, even number-crunching Fivethirtyeight.com agreed…
Is Your Business Ready for a Busy Holiday Season?—Why Mobile Processing Can Help You Serve Customers
The holiday shopping season is officially in full swing. Early bird shoppers have clamored to check gifts off their lists while others still bide their time…