TSYS announced yesterday (April 21) that it has enabled full service payment processing under American Express OptBlue, the small merchant acquiring program from American Express, according to a TSYS release. Source: http://www.pymnts.com

Data breaches are becoming increasingly common. Among the foremost technologies paving the path for the future of data security is biometrics. Source: http://www.investopedia.com

So you think your electronic payments are now more secure because your bank sent you a credit card or debit card that has a computer chip in it? Think again. Source: finance.yahoo.com

Precise Biometrics fingerprint software has been awarded the 2015 Global Frost & Sullivan Award for Customer Value Leadership. Source: http://www.biometricupdate.com

Merchants will need new hardware to read EMV cards—and there’s a deadline for having it. Source: http://www.independentwestand.org

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To cut credit-card fraud, issuers are embedding chips, with 575 million of the new cards expected to be in Americans’ wallets by year-end. Factories are producing the cards around the clock and merchants say they can’t get card readers fast…

Starting Oct. 1, 2015, liability will shift to merchants if fraud occurs and they have not updated their POS systems to be compatible with EMV cards. Learn m… Source: http://www.youtube.com

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Scam artists are now calling homes as credit card fraud departments in an attempt to get consumers to reveal their security code. Source: http://www.scrippsmedia.com