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2011 Online Merchants Made Most Progress Against Fraud in 13 Years

But CyberSource study also shows fraudsters taking more per theft;
Stealing $3.4B from online revenues in 2011;
Early mCommerce fraud stats show promise

SAN FRANCI

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ISIS venture to invest $100 million in mobile payments platform

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As more consumers adopt mobile devices to perform their daily tasks, wireless carriers AT&T, T-Mobile and Verizon Wireless plan to invest more than $100 million to promote mobile commerce that would allow people to pay for goods using their phones.

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New research points to increase in payment, smart card shipments

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As technology has advanced, the payments industry has benefited immensely from its innovative solutions. As a result, an estimated 1 billion contactless payment cards are expected to be shipped worldwide in 2016, growing from the 170 million shipped in 2010, according to a recent ABI Research study.

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Visa Announces Plans to Accelerate Mobile Payments and EMV in the USA

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Visa dynamic authentication roadmap will reduce fraud and enhance international acceptance
San Francisco, August 9, 2011 (Payments Market): Visa Inc. (NYSE: V) today announced plans to accelerate the migration to EMV contact and contactless chip technology in the United States. The adoption of dual-interface chip technology will help prepare the U.S.

SBI Cards announces India's first EMV credit cards

According to a recent announcement, SBI Cards, a joint venture between India's largest financial lender and GE Capital, recently launched credit cards with Europay, MasterCard and Visa chips, making it the first company to offer EMV technology in the country.

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Jack Henry & Associates announce new EMV-chip cards

Jack Henry & Associates recently announced that its Payment Processing Solutions division will begin to offer chip-and-signature cards to its Visa-branded Europay, MasterCard and Visa credit union customers.

Isis Forms Relationships with Visa, MasterCard, Discover and American Express

Isis Becomes the First Mobile Commerce Platform with Support of All Four Nati

Study reveals the importance of payment security for ecommerce merchants

A new study by the Visa company Cybersource and data security and compliance firm Trustwave revealed that nearly 70 percent of ecommerce merchants said protecting their brand was the most important reason for bolstering their defenses against hackers and payment security risks.

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Study reveals the importance of payment security for ecommerce merchants

A new study by the Visa company Cybersource and data security and compliance firm Trustwave revealed that nearly 70 percent of ecommerce merchants said protecting their brand was the most important reason for bolstering their defenses against hackers and payment security risks.

read more

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