Yesterday, a week after Equifax reached a whopping $650 million dollar settlement from their 2017 breach, Capital One disclosed in a press release that it suffered a massive data breach exposing the personal information of about 100 million Americans and 6 million Canadians. Again, another huge...
Between lots of new technology, evolving regulations, and emerging threats to data security, 2017 is gearing up to be an exciting year in the payments space. Here are Kubera’s Payment's stories to watch for 2017. Tech Breakthroughs Some of the most exciting payments stories to watch in 2017...
If you follow payments and financial technology news, you may have heard the word "Blockchain" popping up more and more over the past little while. Blockchain is the technology behind Bitcoin and is an unalterable public ledger of all transactions that have been ever been executed...
Globally, the majority of other countries have already migrated to EMV Chip and Pin technology. This made the US an easy target for credit card fraud activity. The EMV liability shift is helping address credit card fraud security vulnerabilities related to the poor payment processing...
The U.S. is the last developed country in the world to throw away the magstripe card and move to EMV. So begins the October 2015 liability shift. Starting this October, until the end of the year, an expected 6-8 hundred million EMV enabled credit and/or debit cards...
Having the right process and efficiencies for executing your company’s invoicing and payments is integral to its financial wellbeing. Discrepancies, delays and all things associated with human error can leave your company with greater sales outstanding, unnecessary overhead costs, and potentially customer discontent. In the infographic (PDF)...
9to5Mac reports that there will be several improvements to Apple iOS 9 including features that will help close the gap between the banks and Apple Pay.The first improvement mentioned is Force Touch. A capability that is available on the new MacBook and Retina MacBook Pros,...
For the first time in modern society, the use of cashless payments has surpassed the use of cash by consumers, businesses and financial institutions. The Payments Council, an organization of financial institutions in the UK that oversees all payment mechanisms, reported the use of cash fell...
Since its launch in late September of last year, Apple has sold over 130 million iPhone 6 and iPhone 6 plus, boosting the company's revenue to over $130 billion (Q1 & Q2) by the end of Q2 2015. The extremely high Apple device count in use combined with...
Thursday March 19th, a federal judge gave approval for a 10 million dollar settlement for the customers who were affected by Target’s data breach in 2013. "We are pleased to see the process moving forward and look forward to its resolution," said Molly Snyder, Target spokesperson...