by TScholl | Oct 2, 2015 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Industry Changes
Yes! EMV Will Cause Card Fraud to Move Online. October 2015 is going to be an important, eye-opening month for retailers. It’s the deadline for merchants to upgrade to EMV compliant card reading machines, or else they’ll be responsible for any...
by TScholl | Sep 24, 2015 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Electronic Payments, Industry Changes
Faster Electronic Payments Could Help or Hurt Fraud. With newer payment technology, electronic payments have become much faster, more so for ACH and eCheck payments. Where ACH was taking 2 or 3 business days to process, it will only take a day at most starting 2016....
by TScholl | Sep 11, 2015 | Credit Card Fraud, Credit Card Processing, Credit Card Safety, Industry Changes
EMV Liability Shift is Almost Here! What if You are Not Ready? The upcoming EMV deadline is almost here with October 1, 2015 about 3 weeks away. Big box retailers, such as Target and WalMart, have already made the shift in accepting EuroPay MasterCard...
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...
by TScholl | Jul 23, 2015 | ACH Processing, Industry Changes
Same Day ACH Rolling Out in Phases in 2016, 2017, and 2018 At the moment, most ACH (Automated Clearing House) payments are settled on the next business day. There are many scenarios where businesses and consumers could benefit from same day ACH...
by TScholl | Jul 16, 2015 | Credit Card Processing, Electronic Payments, Industry Changes
Point of Sale (POS) is Changing; Here are the Details. Point of sale (POS) is evolving, with a number of very interesting changes taking place in the payments industry. With cannabis sectors, as well as others, implementing this system, which they can find more out...
