Credit Cards

26 Aug Apple makes moves in the payment industry with Mobeewave acquisition

Posted at 13:00h in Banks & Fees, Business, Contactless Payments, Credit Cards, EMV, Mobile Payments, New Technology by Eric

Mobeewave Inc. a Canadian-based startup has been recently acquired by Apple. According to Bloomberg, the California tech-giant paid roughly $100 million USD for the company. What does Mobeewave do? Mobeewave developed technology that allows merchants to use their iPhones as mobile payment terminals. The technology allows you to...

29 Jul 7.5 Million Users Exposed By Dave Banking Security Breach

Posted at 11:46h in Banks & Fees, Business, Credit Cards, Data Breach, New Technology, Payments Security by Eric

Dave, the personal finance app and challenger bank, announced a security breach this Saturday. Dave is a unicorn tech company leading as a US challenger bank that offers free overdraft cash, budgeting, credit building and more. Approximately 7.5 million Dave users had their information exposed on a...

01 Feb Amazon envisions the next level in biometric payments: Waving with your hand

Posted at 14:33h in Business, Contactless Payments, Credit Cards, New Technology by Eric

Last week, Amazon made plans to introduce terminals that will allow consumers to make payments by waving the palms of their hands. These terminals would be placed in brick in brick and mortar shops and would be enabled to link consumers’ credit card information to...

31 Jul What Businesses And Consumers Should Know About The Capital One Breach

Posted at 22:27h in Banks & Fees, Credit Cards, Data Breach, News by Eric

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...

05 Feb Payments Trends to Watch in 2017

Posted at 00:00h in Banks & Fees, Business to Business, Contactless Payments, Credit Cards, Ecommerce, Mobile Payments, New Technology, News, Payments Security by Eric

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...

23 Nov US EMV Rollout: Where are we now?

Posted at 16:55h in Contactless Payments, Credit Cards, EMV, Mobile Payments, New Technology, PCI Compliance by Eric

As November draws to a close, 2016 is officially almost over. This also marks just over a year since the EMV liability shift for US merchants occurred in October 2015. So how are US merchants doing when it comes to chip-and-pin adoption? Wait, what is EMV...

29 Jul The DNC Email Hack: How Charities Can Keep Their Information Secure

Posted at 14:50h in Credit Cards, Ecommerce, News, PCI Compliance by Eric

The American Democratic National Convention kicked off this week amidst the release of 20,000 of their emails by Wikileaks. In addition to adding fuel to allegations that the DNC had unfairly worked against runner-up candidate Bernie Sanders, thousands of social insurance, passport numbers, and credit card...

30 Jan How your business can gain from the EMV Chip and Pin liability shift

Posted at 22:22h in Banks & Fees, Business, Contactless Payments, Credit Cards, Mobile Payments, New Technology, Our Merchants, Payments Security, Point of Sale, Sustainability by Eric

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...

25 Dec Hotel Chain, Hyatt gets its payment system hacked

Posted at 12:49h in Business, Credit Cards, News, Payments Security, PCI Compliance, Point of Sale by kubera_access

Hyatt Hotels, the chain that owns over 600 properties around the world recently found malware on their payment processing systems. They are the latest hotel chain to be breached in the past few months. Last month both Starwood and rival hotel chain the Hilton announced...

09 Dec ISACA Vancouver: PCI Compliance vs. Risk

Posted at 20:23h in Credit Cards, Ecommerce, Inspiration, New Technology, Payments Security, PCI Compliance, Recommended Events, Tips and Tricks by Eric

This coming Tuesday, on December 15th, 2015 at ISACA Vancouver's December Education Session, Ryan Wilson will be teaching us and exploring the difference between PCI compliance and PCI risk Management. At this event, expect to learn about PCI Compliance, practical methods for risk qualification based on...