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« March 23, 2007 | Main | March 25, 2007 »

March 24, 2007

Glenbrook Payments Boot Camp Update

Tags » Glenbrook, Glenbrook Payments Education

Glenbrook's Carol Coye Benson provides this update on two recent Glenbrook Payments Boot Camps.

Glenbrook just wrapped up two challenging and lively Payments Boot Camps. Last week we held our core session in Atlanta for the first time, and this week we had the first of our new Merchant Payments Boot Camps. Both events were sold out and had great and diverse groups attending.   » Continue Reading

The Top 10 Things You Should Know About PCI Compliance

Tags » PCI Compliance

Forrester's Khalid Kark and Chris McClean have published a new report titled "The Top 10 Things You Should Know About PCI Compliance" saying that "compliance levels remain low because the consequences for noncompliance weren't clear. Lately, however, the credit card companies have been threatening their clients with severe punitive consequences for noncompliance, including fines or loss of privileges to use their brands. As many companies scramble to get compliant after an initial period of inattentiveness, here are the top 10 things they need to know."

Google Obtains eMoney License in UK

Tags » ECommerce Payments, Google Checkout

A friend of Payments News sends a pointer to a story about Google Payment Limited now being listed as an eMoney licensee by the UK's FSA. If you do a search for Google on the FSA site - it shows an eMoney license was issued to Google Payment Limited on March 19, 2007. PayPal has a similar license - issued February 13, 2004.

Card Companies Crack Down on Restaurants Over Card Data Security

Tags » Card Fraud, Data Security, MasterCard, Merchant Acquirers, Merchants, PCI Compliance, Visa

Robin Sidel reports for the Wall St. Journal on steps being taken by Visa USA, MasterCard, and merchant processors to crack down on restaurants "for not adequately protecting diners' credit-card data from thieves." SIdel reports that "since January 2005, restaurants represented about 40% of incidents in which intruders gained unauthorized access to credit-card information, according to data tracked by Visa. That is the largest percentage of incidents among merchant groups."

Money For Nothing

Tags » Card Fraud, Credit Cards

Today's Guardian from London has a first person article on credit card fraud by Neil Forsyth and Elliot Castro titled "Money for Nothing - Confessions of a teenage credit card fraudster."

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