PCI Council Releases New CPoC Standard for Contactless Payments

To support a growing number of consumers and businesses making mobile transactions, the Payment Card Industry Security Standards Council (PCI SSC) released a new standard called CPoC. Published on December 4th, CPoC introduces a new payment method that will make mobile commerce more convenient and efficient.   Contactless Payments on COTS (commercial off-the-shelf devices), or […]

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Digital Wallets, Mobile Commerce, and Your Business

Mobile wallets are mobile device apps that allow people to store and use digital versions of their credit and debit cards. They eliminate the need to carry around a bulky wallet, or worry about a physical credit card or cash getting stolen. If a smartphone does happen to fall into the wrong hands, the mobile […]

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Know Your Customer (KYC) Technology and Why It’s Important

Know Your Customer (KYC) Technology is the process of gathering information about potential customers to assess the risk of doing business with them. It’s often used as a protocol for new client on-boarding, but continues into the business relationship through transaction monitoring, risk management procedures, customer retention strategies and more. For example, as a merchant […]

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