A Slow Year for Tax Returns Processing

A Slow Year for Tax Returns Processing

Uncle Sam doesn’t accept excuses for late tax returns,and neither do state governments. However, it seems both entities are going to be late with tax returns processing—and hence, the issuance of refunds—this year, data security specialist Brian Krebs reported in his...
Going to Legal Bat(tle) Over EMV

Going to Legal Bat(tle) Over EMV

We knew this was going to happen. It was just a matter of when a merchant or merchants would take legal action pertaining to the EMV liability shift, where it would happen, and what the claim would be.   Last week was the “when.” Now here’s the “who” and the...
EMV: Merchants’ Newest Gift Card Wrinkle

EMV: Merchants’ Newest Gift Card Wrinkle

The EMV liability shift has laid an unwanted “present” at the gift card industry’s feet. Now on the hook for fraudulent card-present transactions under the liability shift umbrella, merchants that haven’t upgraded to EMV-compliant point-of-sale technology are putting...
Cash, Credit, or…Loyalty Points?

Cash, Credit, or…Loyalty Points?

Could American Express be thinking outside the payments box…seemingly, way outside the payments box? It looks like this may be the case. Cardnotpresent.com reported earlier this week that the U.S. Patent and Trademark Office had recently published a patent application...