Tag Archives:banks
High Risk & Low Risk Merchat Services

Police: Banks Lost Over $9000 To Credit Card Skimming Operation On Long

Police: Banks Lost Over 00 To Credit Card Skimming Operation On Long
GARDEN CITY, N.Y. (CBSNewYork) — Two men were charged Thursday with using a skimming device to capture credit numbers and create fraudulent cards – resulting in losses of $ 9,000 to multiple banks. Kenneth Osias, 30, of Brentwood, and Otis Barnes, …
Read more on CBS Local

5 Most Important Things To Consider When Picking A Credit Card
If you are interested in obtaining a new credit card, then you need to think about a few of the critical factors that should go into that decision. Applying for a new credit card should not be a decision made lightly, and there are credit cards …
Read more on LowCards.com

US banks starting toward microchip credit cards

US banks starting toward microchip credit cards
Major credit card companies are pushing banks and merchants to convert to microchip technology because personal information is much harder to lift from microchips. In October 2015, the liability for fraud will shift from the bank or credit union to …
Read more on The Virginian-Pilot

US banks starting towards microchip credit cards
Major credit card companies are pushing banks and merchants to convert to microchip technology because personal information is much harder to lift from microchips. In October 2015, the liability for fraud will shift from the bank or credit union to …
Read more on The Virginian-Pilot

Legacy Banks Invest In Coinbase's Record $75m Funding Round

Legacy Banks Invest In Coinbase's Record m Funding Round
Some of the larger merchants Coinbase has signed on to their platform has been part of the portfolio of Andreessen Horowitz, one of Coinbase's early investors. Coinbase will be using the money to expand their employee base and their … Armstrong said …
Read more on Bitcoinist.net

'Vindskip' cargo ship uses its hull as a giant sail
Designed by Lade AS, the Oslo-based company says the hybrid merchant ship — which would still have a liquefied natural gas-powered engine — could achieve fuel savings of 60% and reduce emissions by 80%. It's the brainchild of Terje Lade, who used his …
Read more on CNN International

ISO Central
ISOCentral is an Android-based app that streamlines the process of signing merchant accounts to as little as 2 hours. ISOCentral is fully integrated with processors and sponsor banks for immediate results. All you need to bring to your sales calls is …
Read more on ZDNet

Justice Department probes banks for fraud

Justice Department probes banks for fraud
Critics say the heightened scrutiny and threat of prosecution will lead banks and payment processors to stop doing business with any merchant considered to be high-risk. And without those financial services, law-abiding companies, not just a few bad …
Read more on Washington Post

Ten Things Never To Do When Designing A Fraud Solution
3-D Secure, a protocol designed to help online merchants reduce the incidences of fraud online was designed to do just that. But 3-D Secure has often been criticized for … 6. Score + Rules = Winning Strategy. A sophisticated scoring system along with …
Read more on PYMNTS.com

Mobile-Enabled Commerce Will Yield The Next 0B Startup
Companies in the Mobile Payments and Retail Enablement categories like Square and RetailMeNot capitalized early on the transition to mobile by building new businesses or reinventing old businesses to take advantage of growing merchant and consumer …
Read more on TechCrunch