Retailers need to upgrade their payment terminals to accept new chip cards or be liable for fraudulent charges. For point-of-sale solution providers, that means the door’s wide open. Sourced through Scoop.it from: http://www.crn.com

Cyber security experts say EMV cards provide a false sense of security. Sourced through Scoop.it from: http://www.thestreet.com

Deciding whether to invest in card-processing systems that accept credit and debit cards embedded with microchips – also known as EMV, or chip, cards — is a hot topic in the restaurant world these days. Here’s why: Starting Oct. 1,…

With so many types of credit cards available, it can be hard to figure out which are the safest kinds of credit cards to use. Leave it to us to help you! Sourced through Scoop.it from: centurybizsolutions.net

Western Union’s stock took nearly a seven percent following the news of PayPal’s plans to acquire Xoom, a money transfer provider, for $890 million. Sourced through Scoop.it from: http://www.pymnts.com

Apple could be gearing up to enter the peer-to-peer payments market through Apple Pay. VentureBeat reported Thursday (July 2) that a patent has been granted Sourced through Scoop.it from: http://www.pymnts.com

While working in commerce and finance news, we at PYMNTS get to cover lots of surprises but very rarely are those surprises good news. Mostly, when the word Sourced through Scoop.it from: http://www.pymnts.com

MasterCard is bringing a new dimension to online shopping: facial scans. CNNMoney reported Thursday (July 2) that upon choosing whatever items an account Sourced through Scoop.it from: http://www.pymnts.com

Retailers got hurt from two directions last year: When they weren’t getting straight-up robbed, they were being defrauded from within. And it all contributed to industry losses totaling $44 billion for the year. Sourced through Scoop.it from: http://www.pymnts.com

Keeping the heat in and the cold out – the EBRD, with the support of the Climate Investment Funds, is working with the municipal authorities in Pavlodar, … Sourced through Scoop.it from: http://www.youtube.com