It’s no secret that I believe that cash is not the best way of maintaining an effective, efficient and stable payments system, something that is one of the core duties of central banks. Yet if a central bank’s income derives from cash, it can hardly be expected to take an independent view of cash as one of a number of alternative payment options in the economy, can it? Continue reading
The card networks are reporting progress among issuers and acquirers in the U.S. transition to EMV-chip cards, but some big retailers are still lashing out against the expectation that they upgrade their point of sale hardware – writes David Heun.
A panel, which consisted of major retailers, an acquirer and a merchant association executive, was unanimous in its criticism for the EMV mandates at the Ramp Mobile Retail Services conference here. Continue reading
In the movie Identity, Pruitt Taylor, Vince’s character, whispers a verse from the poem Antigonish: “As I was going up the stairs, I met a man who wasn’t there. He wasn’t there again today. I wish I wish he’d go away”.
How do you detect and identify criminal behaviour? How do cybercriminals masquerade their actions and make themselves invisible to security systems? Some solutions claim the answer is behavioural profiling. Continue reading
It’s no secret that online shopping has become a booming business – virtually everything under the sun is available for online purchase in today’s e-market, and most items bought online can be on your doorstep within a matter of one day – writes Allison Morris. Continue reading