Payments
Fraud Blog posts tagged “Payments”.
NACHA, The Clearing House and the Federal Reserve Seek to Make Same Day ACH Payments a Reality
In early December the Electronic Payments Association, alternatively known as NACHA, released more details on their proposal for a same-day…
Nov 4, 2021 · 3 min read Industry NewsPayPal Evolving P2P Payment App Venmo to Support Online and Mobile B2C Transactions
The popular person-to-person payment service Venmo has continued to grow in terms of its user base and total payment volume, but with…
Nov 4, 2021 · 2 min read Merger & AcquisitionsSamsung Acquires Mobile Payment Technology Startup LoopPay
Samsung, one of the primary Google Wallet partners, announced in late February that they would acquire mobile contactless payment platform…
Nov 4, 2021 · 3 min read Industry NewsSamsung Pay and CurrentC Grow Their Reach with New Partnerships
One of the more difficult and most important aspects of building a successful mobile wallet is ensuring that consumers can use it with the…
Nov 4, 2021 · 3 min read Industry NewsSWIFT Signs on 73 Banks to Participate in Cross-Border Payments Initiative
SWIFT, the financial messaging and payment company based in Belgium, is developing a global network for facilitating cross-border bank…
Nov 4, 2021 · 2 min read Industry NewsTalks of Visa and Apple Partnership in Anticipation of September iPhone 6 Launch
Industry analysts have recently discussed the potential benefits to Visa and Apple should the two collaborate on mobile payments, even…
Nov 4, 2021 · 2 min read Industry NewsThe FIDO (Fast Identity Online) Alliance released their first documents for stronger authentication
Following Apple’s lead Samsung and Google each announced mobile payment services of their own with a similar naming structure. The recently…
Nov 4, 2021 · 4 min read Industry NewsU.S. House Members Form Congressional Payments Technology Caucus
Four members of the House of Representatives formed a bipartisan committee known as the Congressional Payments Technology Caucus (CPTC)…
Nov 4, 2021 · 2 min read Merger & AcquisitionsVantiv Eyes Global Expansion, Acquires WorldPay for Nearly $10 Billion
Vantiv, the largest acquirer in the U.S. based on transaction processing volume, is now a significant global competitor as well, following…
Nov 4, 2021 · 2 min read Fraud PreventionVisa and American Express Temporarily Ease EMV Chargeback Liability for Merchants
Announcements from three of the major card associations in June describe different approaches for reducing merchant liability and losses…
Nov 4, 2021 · 2 min read Merger & AcquisitionsVisa Inc. Acquisition of Visa Europe Will Bring 3 Billion Active Cards Under Single Entity
Visa Inc., the U.S. based publicly traded organization, announced on Monday November 2nd that they would be acquiring Visa Europe Ltd.,…
Nov 4, 2021 · 2 min read Industry NewsVisa Replaces V.me with Visa Checkout, Adds New Merchants
Visa launched their e-wallet, V.me, in late 2011, but this was discontinued in July, 2014 in favor of Visa’s new, although quite similar…
Nov 4, 2021 · 3 min read