Interviews

Discover launched its Click to Pay digital solution, joining earlier releases of the card networks’ universal buy button for e-commerce. Click to Pay is based on EMVCo’s Secure Remote Commerce (SRC) industry standard, acting as a form of guest checkout which alleviates the need for cardholders to manually enter personal and account information to shop at unfamiliar […]

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EMVCo, the major card brand-supported venture to establish EMV guidelines and specifications, has begun testing a program to determine if consumer mobile devices can securely accept contactless payments — a move that not only hastens the adoption of contactless payments, but renews criticism over which networks control technology and routing decisions. Read more…

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Douglas Kantor, counsel to the Secure Payments Partnership, a coalition of retail groups and payment networks, argues that U.S. card payments need more open standards to build in better security. “One of the problems we had with the introduction of EMV in the United States was that it lagged behind the security that was already out there […]

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The Secure Payments Partnership feels it has stepped up enough pressure in the past year to get busy lawmakers hearing their plea for an independent payments standards body — especially as the coronavirus pandemic has shifted more payments to digital formats and invited more fraud and chargebacks at the same time. Read more…

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Balance of Power with David Westin of Bloomberg Radio focuses on the politics and policies being shaped by the agenda of President Trump’s administration. He sits down with Leon Buck — Vice President, Government Relations, Banking & Financial Services at National Retail Federation — to discuss the pandemic’s impact on cashless payments in the U.S. […]

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Given the threat of COVID-19, many people are wary about handling coins these days, much less those keypads in the checkout lines at the grocery store. If that’s a concern for you, you’ll be happy to know that there are plenty of smart alternatives. No-contact payment systems have been around for years. They’re relatively simple and […]

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The amount of stolen credit card numbers on the dark web tripled from July to December, compared to the first six months of 2019, according to cybersecurity firm Sixgill. Yahoo Finance’s Seana Smith and Ethan Wolff-Mann discuss. Read more…

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