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Left unchecked, these can be very expensive for retailers and merchants, with billions lost to card fraud every year. The minFraud service from MAXMIND aims to reduce or eliminate these risks and costs. It uses data points from over a billion transactions to create a risk score for any cards you’re processing. It can then …
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Some businesses aren’t sure where to start with PCI, while others struggle to sustain PCI compliance over time. If you’ve tried searching for information, you know that the articles available are often confusing, incomplete, or overly technical. Some may not even apply to your business type or industry. So what’s the trick? Understanding what you …
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With the increase in scammers and hacking, staying on top of information security is vital. Coalfire is a cybersecurity business that provides a variety of cyber security, auditing, testing, scanning, and other services. In this review, we’ll explore what those services are and how they can help you keep client data safe. About Coalfire …
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But, as Digital Transactions notes, there’s still confusion about who must be certified, and what the requirements actually are. Here’s what you need to know. This article focuses on the new QIR requirements. For details about PCI compliance and validation, including Visa’s Technology Innovation Program (TIP) validation exceptions, please visit: PCI Compliance is Required. Visa’s …
Qualified Integrator and Reseller (QIR) Requirements Read More »
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Maximizing your revenue is one of the main things you think about as a businessperson — Any money you lose to costs, leakage, or other factors directly impacts your bottom line. One area that can cause a big problem is fraud, especially credit card fraud. Fraud detection and mitigation is important. It’s estimated that around …
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Credit and debit card fraud is a multi-billion dollar crime industry, with issuers absorbing roughly 60% of the annual losses and businesses hit for the other 40%. Trustwave offers multiple services for businesses, but for the purposes of this article we’ll focus on PCI compliance and payment services. Introduction to Trustwave When it comes to …
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This type of theft is most common at retail outlets where credit cards are handled by employees – most frequently restaurant and bars – or where card terminals aren’t regularly monitored, such as at gas stations. As a business owner, it is important to know what to look for to avoid risk to your consumers, …
How to Identify Credit Card Skimmers at Your Business Read More »
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When using a smartphone, tablet or other mobile POS system, these same standards apply. In addition, specific mobile payments standards apply. In this article, we’ll go over concepts regarding payment security and remaining compliant when processing cards. Security Risks of the Digital Age Hackers are everywhere, and it’s been that way for years. Anything you …
