Breaking Industry News
Breaking News articles for August 2007
Smart Card Alliance conference: What's in store?
Monday, August 27, 2007
With its 2007 conference, the Smart Card Alliance continues a tradition of spotting trends and technological advances, while zeroing in on where the payments industry is headed.
Dubbed Smart Cards: The Future of Digital Transactions, the three-day event will take place at the Marriott Long Wharf in Boston from Oct. 9 through 11, 2007. Featuring over 50 speakers, it promises an in-depth look at smart card payments and secure identity applications.
When the system is down: Yipes!
Monday, August 20, 2007
A discussion on GS Online's MLS Forum exemplified how quickly panic and chaos can ensue when a processor's network goes down.
For merchant level salespeople (MLSs) and ISOs, a perceived emergency can jam customer service systems with calls from angry, concerned or simply confused merchants who want answers -- now!
What can be done? What do you tell your merchants?
Visa's vigilance pays off, PCI compliance takes off
Thursday, August 09, 2007
Visa U.S.A. took the lead in launching the Payment Card Industry (PCI) Data Security Standard Compliance Acceleration Program (CAP) in 2006. Now the campaign to boost data security is bearing fruit.
PCI CAP uses incentives and fines to compel errant merchants to change lax security practices. And in July 2007, Visa reported that 96% of the largest businesses accepting Visa bankcards confirm they no longer store sensitive account data, including security codes and PINs.
NAOPP teleconference to highlight hot legal issues
Monday, August 06, 2007
In a free teleconference for members of the National Association of Payment Professionals (NAOPP), payments industry Attorney Paul Rianda will address legal issues of free-terminal programs and highlight important legislative developments affecting our industry.
The call will take place Wednesday, Aug. 29, 2007, at 1:00 p.m. Eastern time. For call-in information, NAOPP members should e-mail naopp@netdoor.com .
