Search for: "First Data Merchant Services"
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4 Mar 2010, 11:30 am
This article by me was first published in Retail Banking Review here. [read post]
25 Jun 2019, 4:22 pm
The first time I wrote about this was in October 2014. [read post]
25 Aug 2011, 1:09 pm
Although many merchants have outsourced data storage and processing to third parties, ultimate responsibility for securing customer data remains with the merchant. [read post]
21 Jun 2011, 6:34 am
Of course, failure to comply with the PCI DSS not only increases the risks to sensitive customer payment card data, but may also jeopardize a merchant’s ability to process credit card transactions. [read post]
5 Dec 2023, 5:06 pm
(“Shopify”), which provides a web-based payment processing platform to online merchants across the United States (and the world), is not subject to specific personal jurisdiction in California courts under California data privacy laws based solely upon Shopify’s collection, retention and use of customer data from California residents. [read post]
16 Jun 2009, 7:23 am
Critics have noted that other payment card processors that suffered significant data breaches, such as Heartland Payment Systems, were also listed by VISA as service providers that were compliant with PCI DSS, which is the consolidated industry standard developed by the major payment card companies. [read post]
25 Jun 2019, 4:22 pm
The first time I wrote about this was in October 2014. [read post]
21 Jun 2011, 10:34 am
Of course, failure to comply with the PCI DSS not only increases the risks to sensitive customer payment card data, but may also jeopardize a merchant’s ability to process credit card transactions. [read post]
27 Jun 2011, 12:13 pm
” And he’s pretty confident that nondiscrimination rules can be characterized as content-based (and hence subject to the highest level of First Amendment scrutiny): “[W]hile rules governing the act of routing data packets might arguably be content neutral regulations, application of the rules in the real world may effectively dictate antecedent speaker-based and content-based choices about which data packets to carry and how best to present the… [read post]
28 Jun 2010, 2:04 pm
The social networking and micro-blogging service Twitter recently agreed to settle charges with the Federal Trade Commission (FTC) regarding its privacy and data security practices. [read post]
2 Jan 2023, 8:46 am
Trademark * Illinois’ Fair Food and Retail Delivery Act: “A third-party delivery service may not purchase or use the name, likeness, registered trademark, or intellectual property belonging to a merchant, and may not take or arrange for the pickup or delivery of an order from a merchant through a digital network, without first obtaining written consent from the merchant. [read post]
25 Nov 2013, 1:40 pm
In particular, mobile payments and cloud services have expanded the periphery of payment card networks, presenting new challenges to securing cardholder data. [read post]
1 Sep 2023, 8:00 am
Just four days earlier, Zelle parent Early Warning Services also hired a new CEO, Cameron Fowler. . . . [read post]
8 Oct 2015, 8:00 am
To assist merchants and service providers in preparing for and responding to a potential data compromise, the Payment Card Industry (PCI) Security Standards Council recently published new guidance, titled “Responding to a Data Breach: A How-to Guide for Incident Management. [read post]
24 Jul 2014, 12:03 pm
The value of derived data analysis to fashion merchants is immediately apparent. [read post]
6 Sep 2018, 1:43 pm
In fact, since the first credit card was introduced in the 1950s, merchant fees— including Amex’s merchant fees—have decreased by more than half. [read post]
7 Feb 2011, 11:00 am
First, this is a class action. [read post]
13 Aug 2021, 8:15 am
To be clear, this would be an industry first, with a scope far beyond the OCC banking charter already conditionally issued to Anchorage, Paxos and other crypto-native financial services firms. [read post]
13 Aug 2021, 8:15 am
To be clear, this would be an industry first, with a scope far beyond the OCC banking charter already conditionally issued to Anchorage, Paxos and other crypto-native financial services firms. [read post]
22 Jun 2010, 11:32 pm
So that gets us to the first half of the problem--rents being extracted from merchants. [read post]