A Reminder for 2017: Credit Card Fraud is Alive and Well

A Reminder for 2017: Credit Card Fraud is Alive and Well

We’re not big on New Year’s resolutions here, but there are a few things e-commerce merchants might want to take under consideration, if not already, for 2017 regarding credit card fraud. It’s going to get worse. As a reminder, with the U.S. migrating from credit cards with the magnetic stripe to those with the microchip,…

Small Business Hacking Getting More Common

Small Business Hacking Getting More Common

This blogpost was originally posted on Instabill’s satellite website, Instabill.info, on June 12, 2015 with the help of Ed Black, a former PCI Director at Comodo, now a Territory Manager at Heartland Payment Systems. Ed Black says the worst thing a small business owner can believe is that his/her company is safe from hackers, simply…

3 Reasons EMV Credit Cards are Not the Silver Bullet

3 Reasons EMV Credit Cards are Not the Silver Bullet

Perhaps we’re dating ourselves by using the ‘silver bullet’ description in referencing the new EMV credit cards. For those not much into 1960s horror films, the ‘silver bullet’ theory describes the only way to kill a werewolf. In terms of the credit card payments industry, fraud is the werewolf, but the new EMV credit cards…

New Visa Security Requirements Tackle Data Breach Trend

New Visa Security Requirements Tackle Data Breach Trend

Visa recently announced a series of security requirements designed to counter credit card fraud head on, starting with the most alarming method of fraud—the data breach. In a bulletin issued in October of last year, Visa spoke of the necessity for advanced security protocols that merchants and acquirers must adhere to in order to curb the…

Credit Card Fraud Trends Reveal Important Stats

Credit Card Fraud Trends Reveal Important Stats

Cybercrime and financial fraud has been running rampant in recent years, causing many to worry about how they can safely spend money using their credit cards. With fears of credit card fraud at all time highs, the need to combat the growing trend is apparent. However, in order to get closer to the worldwide goal of…

Australian Businessman Believed To Be Bitcoin Founder

Australian Businessman Believed To Be Bitcoin Founder

Bitcoin has taken the public by storm. It’s not just a hobby for tech enthusiasts anymore, but rather, an investment opportunity. It’s even begun to change the way the payments industry functions, and has caused many e-commerce merchants to open bitcoin merchant accounts. It has emerged as a safer way to spend money online, as…

Holiday Season Brings More Credit Card Photo ID Requests

Holiday Season Brings More Credit Card Photo ID Requests

It’s that time of year again. Shoppers are hitting stores and e-commerce sites in droves, meaning the risk for credit card fraud is more substantial. Luckily, this year we have EMV processing terminals and chip cards in place to help cut out in-store fraud. However, thousands of retailers still lack the proper equipment to facilitate…

Report: Retail Industry Suffers the Most Data Breaches

Report: Retail Industry Suffers the Most Data Breaches

Recent reports show that most data breaches occur within the retail industry, revealing a major trend in cybercrime and credit card fraud. Other industries often targeted by hackers and cybercriminals include hospitality and food, but the retail industry accounts for nearly half of all global data breaches. Troubling Numbers for the Retail Industry The Trustwave report revealed that 43%…