Image representing INSIDE Contactless as depic...


CPI Card Group and INSIDE Contactless Enable Any Mobile Device to Make MasterCard® PayPass™ Payments
LITTLETON, Colo. & AIX-EN-PROVENCE, France--(BUSINESS WIRE)--CPI Card Group and INSIDE Contactless today introduced a next-generation, MasterCard-approved payment tag that continues to pave the way for mobile commerce adoption by enabling any mobile device to be used to make payments anywhere using the worldwide contactless MasterCard® PayPass™standard. Containing all the functionality of a traditional MasterCard PayPass credit, debit or prepaid debit card, the new sticker is based on INSIDE’s proven MicroPass 4003 contactless payment processor and manufactured and pre-personalized by CPI Card Group.
“With CPI’s efficient and highly scalable manufacturing and pre-personalization systems, we believe we can offer this product at very competitive price levels.”
“CPI deployed more contactless payment cards last year than any other company in the market, and now we are firmly in the mobile payment arena with an enhanced sticker product that brings greater choice to card issuers,” said Tom Waters, vice president of sales and marketing at CPI Card Group. “With CPI’s efficient and highly scalable manufacturing and pre-personalization systems, we believe we can offer this product at very competitive price levels.”
CPI has already established a scalable operational process for producing these payment stickers using prelams delivered from INSIDE. The stickers will be delivered from CPI already pre-cut from ID1 card devices and pre-personalized to allow for personalization and fulfillment using traditional card processing equipment.
“We are very excited by today’s announcement, which represents the latest result of our partnership with CPI and demonstrates our commitment to the mobile payments market,” said Charles Walton, executive vice president for INSIDE Contactless. “These stickers have the potential to transform the mobile payment market in the U.S. by enabling anyone to make PayPass payments with their mobile phone, thus setting the stage to ultimately achieve fully integrated NFC payment and other applications.”
In addition to MasterCard type approval, the new mobile payment sticker offers enhanced performance when compared with other sticker products on the market. Extensive accredited laboratory testing with all major mobile handsets ensures a safe and satisfying user experience. A new, advanced adhesive backing not only adheres to mobile phones better, but also allows the sticker to be removed and reapplied multiple times without losing its grip. An innovative shielding design improves performance by protecting the chip and antenna inside the sticker from interference that might be caused by a mobile phone’s signals and metallic materials. The sticker solution is highly scalable to millions of units per month since traditional card manufacturing and personalization systems are utilized.
“We are very pleased to be able to grant type approval for this new mobile sticker product,” said Cathleen Conforti, senior vice president, Global PayPass, MasterCard Worldwide. “Vendor solutions such as this tag are an essential part of MasterCard PayPass and play an important role in advancing mobile payments by providing consumers with Tap & Go™ convenience using the phones they already carry everywhere.”
Since it was first launched at CARTES in November 2005, the award-winning MicroPass intelligent payment platform has achieved its unprecedented success by continuing to deliver superior performance and flexibility, and is now the platform of choice for certified contactless bank card manufacturers around the world.
Availability and Pricing
The new MasterCard-approved mobile payment stickers are available now from CPI. Please contact CPI for pricing information.
About CPI Card Group
CPI, a global leader in financial and commercial card production and related services, offers a single source for plastic cards, foil cards, holograms, translucent and smart cards. In addition we also provide personalization, fulfillment and packaging services. CPI offers the largest production capacity in North America. CPI’s production sites include Denver, Colorado; Fort Wayne, Indiana; Las Vegas, Nevada; Roseville, Minnesota; Colchester, England; Liverpool, England; and Toronto, Canada. CPI’s plants in Colorado, Nevada, and Liverpool are ISO 9001 certified. For more information, visit www.cpicardgroup.com.
About INSIDE Contactless
INSIDE Contactless leads the market in open-standard contactless innovation. The company has delivered more than 400 million contactless platforms worldwide, and its contactless payment and Near Field Communication (NFC) solutions power the next generation of payment, transit, identity and access control applications. INSIDE’s work in contactless standards and its 69 families of patents, including essential NFC patents, play a leading role in establishing industry direction. INSIDE is headquartered in Aix-en-Provence, France, with offices in Paris, Shanghai, Singapore, Warsaw, Seoul and San Francisco. For more information, please visit www.insidecontactless.com.


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Image representing INSIDE Contactless as depic...


CPI Card Group and INSIDE Contactless Enable Any Mobile Device to Make MasterCard® PayPass™ Payments
LITTLETON, Colo. & AIX-EN-PROVENCE, France--(BUSINESS WIRE)--CPI Card Group and INSIDE Contactless today introduced a next-generation, MasterCard-approved payment tag that continues to pave the way for mobile commerce adoption by enabling any mobile device to be used to make payments anywhere using the worldwide contactless MasterCard® PayPass™standard. Containing all the functionality of a traditional MasterCard PayPass credit, debit or prepaid debit card, the new sticker is based on INSIDE’s proven MicroPass 4003 contactless payment processor and manufactured and pre-personalized by CPI Card Group.
“With CPI’s efficient and highly scalable manufacturing and pre-personalization systems, we believe we can offer this product at very competitive price levels.”
“CPI deployed more contactless payment cards last year than any other company in the market, and now we are firmly in the mobile payment arena with an enhanced sticker product that brings greater choice to card issuers,” said Tom Waters, vice president of sales and marketing at CPI Card Group. “With CPI’s efficient and highly scalable manufacturing and pre-personalization systems, we believe we can offer this product at very competitive price levels.”
CPI has already established a scalable operational process for producing these payment stickers using prelams delivered from INSIDE. The stickers will be delivered from CPI already pre-cut from ID1 card devices and pre-personalized to allow for personalization and fulfillment using traditional card processing equipment.
“We are very excited by today’s announcement, which represents the latest result of our partnership with CPI and demonstrates our commitment to the mobile payments market,” said Charles Walton, executive vice president for INSIDE Contactless. “These stickers have the potential to transform the mobile payment market in the U.S. by enabling anyone to make PayPass payments with their mobile phone, thus setting the stage to ultimately achieve fully integrated NFC payment and other applications.”
In addition to MasterCard type approval, the new mobile payment sticker offers enhanced performance when compared with other sticker products on the market. Extensive accredited laboratory testing with all major mobile handsets ensures a safe and satisfying user experience. A new, advanced adhesive backing not only adheres to mobile phones better, but also allows the sticker to be removed and reapplied multiple times without losing its grip. An innovative shielding design improves performance by protecting the chip and antenna inside the sticker from interference that might be caused by a mobile phone’s signals and metallic materials. The sticker solution is highly scalable to millions of units per month since traditional card manufacturing and personalization systems are utilized.
“We are very pleased to be able to grant type approval for this new mobile sticker product,” said Cathleen Conforti, senior vice president, Global PayPass, MasterCard Worldwide. “Vendor solutions such as this tag are an essential part of MasterCard PayPass and play an important role in advancing mobile payments by providing consumers with Tap & Go™ convenience using the phones they already carry everywhere.”
Since it was first launched at CARTES in November 2005, the award-winning MicroPass intelligent payment platform has achieved its unprecedented success by continuing to deliver superior performance and flexibility, and is now the platform of choice for certified contactless bank card manufacturers around the world.
Availability and Pricing
The new MasterCard-approved mobile payment stickers are available now from CPI. Please contact CPI for pricing information.
About CPI Card Group
CPI, a global leader in financial and commercial card production and related services, offers a single source for plastic cards, foil cards, holograms, translucent and smart cards. In addition we also provide personalization, fulfillment and packaging services. CPI offers the largest production capacity in North America. CPI’s production sites include Denver, Colorado; Fort Wayne, Indiana; Las Vegas, Nevada; Roseville, Minnesota; Colchester, England; Liverpool, England; and Toronto, Canada. CPI’s plants in Colorado, Nevada, and Liverpool are ISO 9001 certified. For more information, visit www.cpicardgroup.com.
About INSIDE Contactless
INSIDE Contactless leads the market in open-standard contactless innovation. The company has delivered more than 400 million contactless platforms worldwide, and its contactless payment and Near Field Communication (NFC) solutions power the next generation of payment, transit, identity and access control applications. INSIDE’s work in contactless standards and its 69 families of patents, including essential NFC patents, play a leading role in establishing industry direction. INSIDE is headquartered in Aix-en-Provence, France, with offices in Paris, Shanghai, Singapore, Warsaw, Seoul and San Francisco. For more information, please visit www.insidecontactless.com.


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MTA, PATH and NJ TRANSIT Announce Acceptance of MasterCard® PayPass™ on Select Train and Bus Routes as Part of Six-Month Trial

http://www.mastercard.comNEW YORK & PURCHASE, N.Y.--(BUSINESS WIRE)--The Metropolitan Transportation Authority (MTA), Port Authority of New York and New Jersey (PATH), NJ TRANSIT (NJT) and MasterCard Worldwide today announced the launch of a six month pilot program in which MasterCard PayPass will be accepted for fare payments on select train and bus routes throughout New York City and New Jersey. Today’s announcement enables riders of the three transit systems to purchase fares and transfer between transit systems simply by tapping a single type of contactless credit or debit card or device.
“By using MasterCard PayPass, millions of the area’s mass transit customers will simply be able to Tap & Go™ when entering or boarding the subway or bus, eliminating the need to wait in line or fumble for exact change to purchase fare cards while on the go.”
The trial, which will take place June 1 – November 30, 2010, is the first payment system to link the transit agencies, replacing the need for riders to carry specific fare cards for three separate transit systems. For example, commuters transferring from a PATH train to the New York City subway will need only one type of payment device for each ride – their MasterCard PayPass card or device – to “Tap & Go™”, improving the overall customer experience through increased speed and convenience.
Multiple bus and train routes across New York City and New Jersey will be participating in the trial, including subway locations on the Lexington Avenue train line (4,5,6) from 138th Street in the Bronx through Borough Hall in Brooklyn, eight MTA bus routes (M14, M23, M79, M86, M101, M102, M103 and BXM7), 11 PATH stations (excluding only the Christopher and 9th Street stations), and three NJ TRANSIT bus routes (6, 80, 87).
Specially-equipped payment readers featuring the MasterCard PayPass brand mark and universal contactless symbol have been installed on select turnstiles and fare boxes along these routes to alert commuters that contactless payments are accepted.
The trial program is an extension of a successful pilot of contactless payments conducted by the MTA with MasterCard and Citigroup beginning in July 2006 when contactless readers were placed in 80 fare gates at 30 stations on the Lexington Avenue train line. During this new trial all MasterCard PayPass cards and devices will be accepted from any issuing financial institution.
"The technology that we're testing will make life easier for our customers and help reduce our cost of doing business at the same time," said MTA Chairman and CEO Jay H. Walder. "By using an open network we'll break down regional barriers and let people travel across the region with a card that's already sitting in their wallets. We're thrilled to be working with the Port Authority, NJ TRANSIT and MasterCard to test these innovations for our customers."
Using their MasterCard PayPass or other contactless payment-enabled card or device, riders will be able to choose from a “Pre-Fund” or “Pay-As-You-Go” fare option, and on MTA and NJT services can take advantage of existing time-based fares, such as One Day, Weekly, Bi-Weekly or Monthly passes, as well as discounted fares for senior citizens, disabled and student riders. All fares purchased using a PayPass-enabled card or device will be automatically applied to customers’ MasterCard credit or debit accounts, eliminating the need to fumble for cash or wait in line at ticket machines and counters. Transit riders can go to www.ridenynj.com for more information on how to participate.
“PATH is a natural fit for testing innovations such as MasterCard PayPass that can help customers travel seamlessly between mass-transit systems in New York and New Jersey,’’ said Port Authority Chairman Anthony Coscia. “This program aligns with our interest in improving reliability and simplifying fare payment, increasing capacity, and ultimately attracting more customers to the region’s mass-transit systems.”
“For our bus customers, particularly those who commute in New Jersey and New York every day, this program simplifies the cumbersome task of carrying multiple fare cards and makes the overall riding experience faster and more convenient,” said Jim Weinstein, NJ TRANSIT Executive Director. “We’re pleased to work with the MTA, Port Authority of New York and New Jersey and MasterCard to offer state-of-the-art technology like this to our riders who frequently travel between our systems.”
“Through innovative technology, this initiative enables MasterCard to support the regional transit agencies’ goals of moving more customers faster and more easily, while adding efficiency to their back-end operations,” said Joshua Peirez, Chief Innovation Officer, MasterCard Worldwide. “By using MasterCard PayPass, millions of the area’s mass transit customers will simply be able to Tap & Go™ when entering or boarding the subway or bus, eliminating the need to wait in line or fumble for exact change to purchase fare cards while on the go.”
Contactless payment will be available exclusively to MasterCard PayPass customers during the first two months of the trial and to additional select contactless payments brand customers for the remainder of the test period.
For B-roll, photos and video about this trial, visit: http://mastercard.presslift.com/ridenynj
About MasterCard PayPass
MasterCard PayPass is ideal for traditional cash heavy environments where speed is essential, and has led the way in bringing contactless technology to consumer categories, such as quick-serve restaurants, drugstores, gas stations, vending machines, convenience stores, sports arenas, movie theaters, transit systems, taxis, parking garages and more. As of Q1 2010, there are nearly 75 million MasterCard PayPass cards and devices that have been issued for use at approximately 230,000 merchant locations worldwide, including participating BP, Best Buy, Home Depot, CVS, McDonald’s, Petco and many others. PayPass also is accepted at numerous professional football and baseball stadiums. For more information about MasterCard PayPass and a full list of participating merchants, visit www.mastercard.com/paypass.
About The Metropolitan Transportation Authority (MTA)
The Metropolitan Transportation Authority of the State of New York is the largest public transportation agency in the Western Hemisphere and among the largest in the world. Each day, approximately 8.5 million people rely on the agency’s 5,000-square mile network of subways, buses, railroads, paratransit vehicles, bridges and tunnels spanning 14 counties in two states. MTA New York City Transit carries 7.5 million people per day on its network of subways and buses.
About the Port Authority of New York and New Jersey, which operates the PATH rail system
The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia, Stewart International and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Port Authority Auto Marine Terminal; the Brooklyn Piers/Red Hook Container Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan and is a partner in the Access to the Region's Core tunnel project.
About NJ TRANSIT (NJT)
NJ TRANSIT is the nation's largest statewide public transportation system providing more than 895,000 weekday trips on 240 bus routes, three light rail lines and 12 commuter rail lines. It is the third largest transit system in the country with 165 rail stations, 60 light rail stations and more than 18,000 bus stops linking major points in New Jersey, New York and Philadelphia.
About MasterCard Worldwide
MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 22 billion transactions each year, and provides industry-leading analysis and consulting services to financial-institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information, go to www.mastercard.com. Follow us on Twitter: @mastercardnews.


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MTA, PATH and NJ TRANSIT Announce Acceptance of MasterCard® PayPass™ on Select Train and Bus Routes as Part of Six-Month Trial

http://www.mastercard.comNEW YORK & PURCHASE, N.Y.--(BUSINESS WIRE)--The Metropolitan Transportation Authority (MTA), Port Authority of New York and New Jersey (PATH), NJ TRANSIT (NJT) and MasterCard Worldwide today announced the launch of a six month pilot program in which MasterCard PayPass will be accepted for fare payments on select train and bus routes throughout New York City and New Jersey. Today’s announcement enables riders of the three transit systems to purchase fares and transfer between transit systems simply by tapping a single type of contactless credit or debit card or device.
“By using MasterCard PayPass, millions of the area’s mass transit customers will simply be able to Tap & Go™ when entering or boarding the subway or bus, eliminating the need to wait in line or fumble for exact change to purchase fare cards while on the go.”
The trial, which will take place June 1 – November 30, 2010, is the first payment system to link the transit agencies, replacing the need for riders to carry specific fare cards for three separate transit systems. For example, commuters transferring from a PATH train to the New York City subway will need only one type of payment device for each ride – their MasterCard PayPass card or device – to “Tap & Go™”, improving the overall customer experience through increased speed and convenience.
Multiple bus and train routes across New York City and New Jersey will be participating in the trial, including subway locations on the Lexington Avenue train line (4,5,6) from 138th Street in the Bronx through Borough Hall in Brooklyn, eight MTA bus routes (M14, M23, M79, M86, M101, M102, M103 and BXM7), 11 PATH stations (excluding only the Christopher and 9th Street stations), and three NJ TRANSIT bus routes (6, 80, 87).
Specially-equipped payment readers featuring the MasterCard PayPass brand mark and universal contactless symbol have been installed on select turnstiles and fare boxes along these routes to alert commuters that contactless payments are accepted.
The trial program is an extension of a successful pilot of contactless payments conducted by the MTA with MasterCard and Citigroup beginning in July 2006 when contactless readers were placed in 80 fare gates at 30 stations on the Lexington Avenue train line. During this new trial all MasterCard PayPass cards and devices will be accepted from any issuing financial institution.
"The technology that we're testing will make life easier for our customers and help reduce our cost of doing business at the same time," said MTA Chairman and CEO Jay H. Walder. "By using an open network we'll break down regional barriers and let people travel across the region with a card that's already sitting in their wallets. We're thrilled to be working with the Port Authority, NJ TRANSIT and MasterCard to test these innovations for our customers."
Using their MasterCard PayPass or other contactless payment-enabled card or device, riders will be able to choose from a “Pre-Fund” or “Pay-As-You-Go” fare option, and on MTA and NJT services can take advantage of existing time-based fares, such as One Day, Weekly, Bi-Weekly or Monthly passes, as well as discounted fares for senior citizens, disabled and student riders. All fares purchased using a PayPass-enabled card or device will be automatically applied to customers’ MasterCard credit or debit accounts, eliminating the need to fumble for cash or wait in line at ticket machines and counters. Transit riders can go to www.ridenynj.com for more information on how to participate.
“PATH is a natural fit for testing innovations such as MasterCard PayPass that can help customers travel seamlessly between mass-transit systems in New York and New Jersey,’’ said Port Authority Chairman Anthony Coscia. “This program aligns with our interest in improving reliability and simplifying fare payment, increasing capacity, and ultimately attracting more customers to the region’s mass-transit systems.”
“For our bus customers, particularly those who commute in New Jersey and New York every day, this program simplifies the cumbersome task of carrying multiple fare cards and makes the overall riding experience faster and more convenient,” said Jim Weinstein, NJ TRANSIT Executive Director. “We’re pleased to work with the MTA, Port Authority of New York and New Jersey and MasterCard to offer state-of-the-art technology like this to our riders who frequently travel between our systems.”
“Through innovative technology, this initiative enables MasterCard to support the regional transit agencies’ goals of moving more customers faster and more easily, while adding efficiency to their back-end operations,” said Joshua Peirez, Chief Innovation Officer, MasterCard Worldwide. “By using MasterCard PayPass, millions of the area’s mass transit customers will simply be able to Tap & Go™ when entering or boarding the subway or bus, eliminating the need to wait in line or fumble for exact change to purchase fare cards while on the go.”
Contactless payment will be available exclusively to MasterCard PayPass customers during the first two months of the trial and to additional select contactless payments brand customers for the remainder of the test period.
For B-roll, photos and video about this trial, visit: http://mastercard.presslift.com/ridenynj
About MasterCard PayPass
MasterCard PayPass is ideal for traditional cash heavy environments where speed is essential, and has led the way in bringing contactless technology to consumer categories, such as quick-serve restaurants, drugstores, gas stations, vending machines, convenience stores, sports arenas, movie theaters, transit systems, taxis, parking garages and more. As of Q1 2010, there are nearly 75 million MasterCard PayPass cards and devices that have been issued for use at approximately 230,000 merchant locations worldwide, including participating BP, Best Buy, Home Depot, CVS, McDonald’s, Petco and many others. PayPass also is accepted at numerous professional football and baseball stadiums. For more information about MasterCard PayPass and a full list of participating merchants, visit www.mastercard.com/paypass.
About The Metropolitan Transportation Authority (MTA)
The Metropolitan Transportation Authority of the State of New York is the largest public transportation agency in the Western Hemisphere and among the largest in the world. Each day, approximately 8.5 million people rely on the agency’s 5,000-square mile network of subways, buses, railroads, paratransit vehicles, bridges and tunnels spanning 14 counties in two states. MTA New York City Transit carries 7.5 million people per day on its network of subways and buses.
About the Port Authority of New York and New Jersey, which operates the PATH rail system
The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia, Stewart International and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Port Authority Auto Marine Terminal; the Brooklyn Piers/Red Hook Container Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan and is a partner in the Access to the Region's Core tunnel project.
About NJ TRANSIT (NJT)
NJ TRANSIT is the nation's largest statewide public transportation system providing more than 895,000 weekday trips on 240 bus routes, three light rail lines and 12 commuter rail lines. It is the third largest transit system in the country with 165 rail stations, 60 light rail stations and more than 18,000 bus stops linking major points in New Jersey, New York and Philadelphia.
About MasterCard Worldwide
MasterCard Worldwide advances global commerce by providing a critical economic link among financial institutions, businesses, cardholders and merchants worldwide. As a franchisor, processor and advisor, MasterCard develops and markets payment solutions, processes over 22 billion transactions each year, and provides industry-leading analysis and consulting services to financial-institution customers and merchants. Powered by the MasterCard Worldwide Network and through its family of brands, including MasterCard®, Maestro® and Cirrus®, MasterCard serves consumers and businesses in more than 210 countries and territories. For more information, go to www.mastercard.com. Follow us on Twitter: @mastercardnews.


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Credit cardsImage via Wikipedia




Organization Poised to Increase Consumer Confidence in Online Shopping


(Seattle, WA—June 1, 2010) The Merchant Risk Council (MRC), a merchant-led trade association focused on helping organizations reduce the risks associated with electronic commerce and payments globally, announces their support of today’s multi-national “Day of Action” by law enforcement and regulatory authorities in five countries in combating global mass marketing fraud.


The MRC is actively working with the leading e-Commerce and multi-channel merchants throughout North America and Europe and collaborating with a wide variety of law enforcement agencies, risk management solution providers, credit cards brands as well as numerous payment providers and processors in fighting fraud and mitigating risk in the online shopping channel.


“With Internet commerce becoming increasingly complex, we help the industry make online payments safe,” said MRC Executive Director Tom Donlea. “As a leading trade association in the industry, we facilitate collaboration among the good guys – after all, the bad guys are constantly collaborating to find new ways of defrauding banks, retailers and consumers.  When it comes to battling against fraudsters, we need to do the same.”


The MRC supports the efforts of law enforcement agencies in Australia, Canada, the Netherlands, the United Kingdom and the United States to reduce cybercrime and mass marketing fraud.




About the Merchant Risk Council
The Merchant Risk Council (MRC) leads industry networking, education, benchmarking and advocacy programs to make electronic commerce more efficient, safe and profitable.


Today, with the power of its member-base, the MRC is the leading trade association for managing payments, preventing online fraud and promoting secure e-Commerce. The MRC is dedicated to working with e-Commerce and multi-channel merchants, payment processors, credit card issuers, credit card companies, alternative payment providers, risk management experts, and law enforcement to make the Internet a safer and more profitable place to do business.


The MRC Global Board of Directors include: Apple, CyberSource, Discover, Expedia, Neiman Marcus, Visa and Wal‐Mart. The MRC Americas Advisory Board includes: Dell, Gap, GlobalCollect, Linden Lab, Microsoft, PayPal and Trustwave. The MRC European Advisory Board includes: Carphone Warehouse, Chase Paymentech, eDreams, GlobalCollect, Nike, Retail Decisions, SonyStyle, Symantec and Trustwave.


The MRC is headquartered in Seattle, Washington.


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Credit cardsImage via Wikipedia




Organization Poised to Increase Consumer Confidence in Online Shopping


(Seattle, WA—June 1, 2010) The Merchant Risk Council (MRC), a merchant-led trade association focused on helping organizations reduce the risks associated with electronic commerce and payments globally, announces their support of today’s multi-national “Day of Action” by law enforcement and regulatory authorities in five countries in combating global mass marketing fraud.


The MRC is actively working with the leading e-Commerce and multi-channel merchants throughout North America and Europe and collaborating with a wide variety of law enforcement agencies, risk management solution providers, credit cards brands as well as numerous payment providers and processors in fighting fraud and mitigating risk in the online shopping channel.


“With Internet commerce becoming increasingly complex, we help the industry make online payments safe,” said MRC Executive Director Tom Donlea. “As a leading trade association in the industry, we facilitate collaboration among the good guys – after all, the bad guys are constantly collaborating to find new ways of defrauding banks, retailers and consumers.  When it comes to battling against fraudsters, we need to do the same.”


The MRC supports the efforts of law enforcement agencies in Australia, Canada, the Netherlands, the United Kingdom and the United States to reduce cybercrime and mass marketing fraud.




About the Merchant Risk Council
The Merchant Risk Council (MRC) leads industry networking, education, benchmarking and advocacy programs to make electronic commerce more efficient, safe and profitable.


Today, with the power of its member-base, the MRC is the leading trade association for managing payments, preventing online fraud and promoting secure e-Commerce. The MRC is dedicated to working with e-Commerce and multi-channel merchants, payment processors, credit card issuers, credit card companies, alternative payment providers, risk management experts, and law enforcement to make the Internet a safer and more profitable place to do business.


The MRC Global Board of Directors include: Apple, CyberSource, Discover, Expedia, Neiman Marcus, Visa and Wal‐Mart. The MRC Americas Advisory Board includes: Dell, Gap, GlobalCollect, Linden Lab, Microsoft, PayPal and Trustwave. The MRC European Advisory Board includes: Carphone Warehouse, Chase Paymentech, eDreams, GlobalCollect, Nike, Retail Decisions, SonyStyle, Symantec and Trustwave.


The MRC is headquartered in Seattle, Washington.


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Debit Card Issues: Breaches, Resolving Errors & Other Concerns

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Debit Card Issues: Breaches, Resolving Errors & Other Concerns

WEBINAR – ON DEMAND WEB LINK – FREE CD ROM

Register



Thursday, July 8, 2010

12 - 1:30 pm PT

1 - 2:30 pm MT

2 - 3:30 pm CT

3 - 4:30 pm ET   



Your debit card franchise is poised for rapid growth in 2010 and beyond . . .

but so are identity theft, data breaches, and card regulation.  Are you ready?
Last year, debit and prepaid card transactions grew 13% as consumers migrated in droves from “pay later” to “pay now.”  But last year also saw the biggest card breach in history and the first real threat to the integrity of PIN security as criminals successfully reversed HSM encryption at RBS/Worldpay.  Revisions to Reg E, ongoing implementation of the CARD Act, and the evolution of PCI rules also present major challenges and opportunities for card-issuing community banks.  Learn what your bank should do strategically and tactically to protect its fastest-growing payment franchise and the customers who use it.



Continuing Education: Attendance verification for CE credits provided upon request.



HIGHLIGHTS

•    Debit card security update:  End-to-End (E2E) Encryption vs. Tokenization vs. EMV

•    Regulatory Update:  Title IV of the CARD Act and PCI

•    Fee income threats:  Bank of America, overdraft opt-in for one-time debits, shift to PIN

•    Resolving debit errors:  hold-triggered overdrafts (signature vs. PIN)

•    Deputizing customers in the fight against fraud:  one- and two-way mobile text alerts

•    The future of debit:  online PIN debit, EMV and P2P

•    Next steps:  top 5 debit moves for 2010



WHO SHOULD ATTEND?

This informative session is designed for bank management; operations/marketing officers; and staff responsible for managing credit/debit card programs and other payments services/initiatives.



MEET THE PRESENTER


Lee Wetherington

Profit Stars    


Place: 
Webinar
Date: 
Jul 8 2010

Posted by John B. Frank Sunday, May 30, 2010 0 comments

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Kapersky Calls for Mass Adoption of Card Readers

Kapersky Calls for Mass Adoption of Card Readers