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Last updated on April 18, 2014 at 21:21 EDT

Latest Acquiring Bank Stories

2013-11-21 08:33:01

MUNICH, Germany, November 21, 2013 /PRNewswire/ -- + Acquirers, PSPs and ISOs can reduce their fraud rate by up to 80 per cent with OneClickSafe Fraud and chargebacks are a core issue and a significant challenge for acquirers, PSPs and ISOs. The threat is international and ubiquitous. Choosing, integrating and calibrating the right risk management solutions is just as complex. For payment providers, continuously optimising their risk management is essential; however,...

2013-10-30 08:37:32

Merchant scope-reducing solution validated by SecurityMetrics SALT LAKE CITY, Oct. 30, 2013 /PRNewswire/ -- After a successful Point-to-Point Encryption (P2PE) audit performed by SecurityMetrics, European Payment Services Ltd., (EPS) has become the first entity in the world to validate its point-to-point encryption solution as having met the rigorous controls defined in the PCI Security Standards Council P2PE Standard for the protection of payment card data. The company can now...

2013-10-07 08:28:06

Microsoft, Bank of America, Discover, Deem, Facebook, First Data, Linkable Networks, LivingSocial, MasterCard and others create The CardLinx Association to reduce consumer and merchant friction for payment-enabled offers and ads. LAS VEGAS, Oct. 7, 2013 /PRNewswire/ -- Monday at the Money 2020 event in Las Vegas, leading merchants and companies from ecommerce, banking, payments and social media unveiled The CardLinx Association, a new interoperability organization to enhance the...

2013-08-28 08:23:15

SecurityMetrics MobileScan ideal for PCI compliant processing and portfolio security SALT LAKE CITY, Aug. 28, 2013 /PRNewswire/ -- Acquirers and ISOs now have a simple way to check merchants' mobile processing security: SecurityMetrics MobileScan, an app created for merchants to identify potential security threats and protect devices through scanning and remediation. Through a quick mobile vulnerability scan, the app inspects many issues known to cause mobile insecurity such as a...

2013-08-27 08:33:26

Merchant acquirer continues to expand bank channel with unique mobile marketing solutions and leading technology complementary to EMV landscape ATLANTA, Aug. 27, 2013 /PRNewswire/ -- Veracity Payment Solutions, a leading privately held merchant acquirer and provider of payment transaction processing services, today announced the appointment of J. Brian Merena as senior vice president of Bank Channel Sales. Merena will be responsible for managing and overseeing all sales and program...

2013-07-18 12:31:25

RIGA, Latvia, July 18, 2013 /PRNewswire/ -- According to the volume of chargebacks, merchants are divided into three groups: low-, medium- and high-risk merchants. The main criteria for such division is a monthly level of chargebacks. Chargeback is a return of funds to a customer, forcibly initiated by the issuing bank of the instrument used by a consumer to settle a debt. Such an option exists for protection of consumer's interest, because a chargeback threat propels...

2013-07-09 12:32:24

Merchant acquirer and payment transaction processor continues rapid growth and new adoption of full service payment technology platform ATLANTA, July 9, 2013 /PRNewswire/ -- Veracity Payment Solutions, a leading privately held merchant acquirer and provider of payment transaction processing services, today announced it has seen continued growth and momentum over the past year as the company remains one of the fastest growing acquirers in North America, providing businesses nationwide...

2013-07-08 08:29:50

LOS ANGELES, July 8, 2013 /PRNewswire/ -- Allied Wallet, a global leader in online credit card processing, multi-currency merchant services, state-of-the-art payment processing, digital eWallet solutions, software development, and a PCI Level 1 payment gateway, has recently been deemed a Principal Member of MasterCard. Effective as of June 13, 2013, Allied Wallet is an official member of MasterCard as an acquirer. Allied Wallet has been given its own MasterCard BIN, Bank...

2013-04-25 12:34:58

SecurityMetrics states PCI revenue & security not mutually exclusive NEW ORLEANS, April 25, 2013 /PRNewswire/ -- (ETA Annual Meeting and Expo, Booth #634) - SecurityMetrics advocates the importance of remodeling Payment Card Industry (PCI) Data Security Standard (DSS) programs to drive additional revenue at the 2013 ETA Annual Meeting and Expo. The company encourages merchant processors to optimize merchant value and strengthen customer relationships through add-on security...

2013-03-28 16:29:08

Earns prestigious awards across Asia Pacific in multiple categories including product innovation and service excellence HONG KONG and ATLANTA, March 28, 2013 /PRNewswire/ -- Global Payments Asia Pacific Limited ("Global Payments"), a subsidiary of U.S.-based Global Payments Inc. (NYSE: GPN), announced today that it has been recognized again as a leading card payment processor in Hong Kong and Asia Pacific after receiving a series of top payment industry awards from Visa Inc.,...