Monthly ArchivesNovember 2014

Still Confusion in the Ranks standard

Just a short one for you guys today. Go take a look at the diss-fest happening in the public eye here between a couple of prominent organizations around policy making for electronic payments. Credit Union National Association talking points for some of the pains around breaches. NACS rebuttal and fact checking. Even the big guys get confused sometimes. It’s a complex world out there.

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CurrentC, Off to a Rough Start standard

Last week we saw a flurry of announcements around CurrentC, a merchant-driven alternative payment scheme that is designed to cut the costs from electronic payment processing. Sure, they didn’t demonstrate a great approach to security with the notification of their breach last week, but no payment information was put at risk. CurrentC is designed to work in a similar manner as Apple Pay (enabled by a smartphone), but it platform independent and works using QR-codes to transact business. Essentially, any merchant with a scanner that can read a QR-code would theoretically be able to accept this form of payment. That brings in grocery stores and big-box retail for sure as most use some kind of scanning technology to assist in ...

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October 2014 Roundup standard

October is one of my favorite months of the year. The leaves are turning, the heat subsides, we spend more time outside, and of course, Pumpkin EVERYTHING. Last month was the ETA Leadership Forum, PCI Berlin, and the DevOps Enterprise show. Apple Pay is here! Ironically enough, I’ve only been able to use it once, and it didn’t work. One thing I do like is the push alerts for my Amex. I’m hoping to have more on Apple Pay in the coming weeks, and look for a critical assessment of CurrentC (MCX) this week. Here’s what you folks liked the most last month: The Only Customer Service Script You Will Ever Need. The economy is humming along quite nicely. How ...

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