Credit-Card Industry Ramps Up Security Efforts

Credit-Card Industry Ramps Up Security Efforts

All told, fraud losses on existing bank accounts and credit-card accounts rose 45% in 2013 to $ 16 billion, according to Javelin Strategy & Research, a consulting firm that is a unit of Greenwich Associates LLC. Separately, merchants already are …

Read more on Wall Street Journal

Related news:

How the Next iPhone Could Finally Kill the Credit Card

Despite the proliferation of mobile payments companies, from startups like Square to a mobile-revamped PayPal, credit cards remain the standard for paying in-person and online. The money may move digitally, at least after the analog swipe of the card …

Read more on Wired

Apple Negotiates Lower Transaction Fees With Credit Card Issuers for Mobile …

in_app_purchase_icon As part of its upcoming payments initiative, Apple has reportedly negotiated deals for lower credit card transaction fees with several credit card issuers. According to Bank Innovation, Apple has entered into agreements with …

Read more on Mac Rumors

from WordPress http://bit.ly/Wu0Ffp

via IFTTT