Is Stolen Customer Data Really a Huge Problem?

by TScholl | Sep 3, 2015 | Credit Card Fraud, Credit Card Safety, Industry Changes

  Is Stolen Customer Data Really a Huge Problem? With the rising incidents of hacking, you are forced to think if we are living in an epidemic of data breaches, with no safety for bank accounts and financial details. A number of laws protect consumers from any...

Improve Business Cash Flow With e-Payments Using Commercial Cards

by TScholl | Jul 2, 2015 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Electronic Payments

  Improve Business Cash Flow With e-Payments Using Commercial Cards A business can benefit significantly with the integration of a commercial cards program into its electronic payments strategy. Besides improving processes, a business can experience lower payment...

Lessons from the Target Credit Card Data Breach

by TScholl | Dec 27, 2013 | Credit Card Fraud, hot news, PCI Compliancy

The Target Data Breach Low Down Who was affected? 40 million credit and debit card customers who had used their cards at any U.S. Target store between November 27 and December 15 2013. Target’s online website was not affected. What information was taken? Hackers...

Efforts to reduce credit card fraud need help

by TScholl | Dec 5, 2013 | Credit Card Fraud, Credit Card Processing, Credit Card Safety

Efforts to reduce credit card fraud through the greater adoption of EMV cards needs help As I had highlighted in my earlier post here, upgraded credit cards or EMV credit cards would reduce credit card fraud greatly. However, the adoption for EMV cards has been...

Upgraded credit cards to greatly reduce credit card fraud at the point of sale

by TScholl | Jul 17, 2013 | Credit Card Fraud, Credit Card Safety, hot news, Industry Changes

Major Credit Card Upgrades Planned to Reduce Credit Card Fraud Credit card issuers have planned a major upgrade to the credit cards currently being used in the United States. All issuers are starting the change over from standard magnetic stripe cards to cards with...

5 Tricks Credit Card Processors Will Use To Try and Pull You In

by admin | Feb 3, 2012 | Credit Card Fraud

When choosing a credit card processor for your business, it is essential that you understand the “game”. Credit card processors want your business – and they have a few tricks up their sleeves to get it. If you know what to watch out for, you will be...