Samsung Pay Making Its Mark

  Nearly a year after the launch of Apple Pay, Samsung unveiled Samsung Pay, their mobile payment solution. That was in 2015. How is Samsung Pay faring so far in 2017 and what does the future hold, anyway? According to an announcement made by Nana Murugesan, Samsung America’s Vice President and General Manager of Services and New Business at CES […]

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Are Biometrics Ready For The Big Time?

  Furthering the security discussion when it comes to authenticating identity, especially in the online world, biometrics have emerged as the latest measure for protecting and safeguarding privacy. Keeping sensitive information about someone, including passwords and valuable data like credit card numbers private is of the utmost importance to card issuers, banks, and consumers alike. According to Penny Crosman at […]

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Sales Moving Toward Self-Serve

  There has been a noticeable trend in the retail world of late. Automation has taken hold of the industry and, more specifically, self-serve has emerged as a leading business model. The biggest name in the self-serve game is Amazon, who recently unveiled their Amazon Go grocery store. Amazon Go is essentially a brick-and-mortar store concept minus shopping lines. This […]

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Will cash be killed?

You pull up to a toll booth in New York City, reach out to extend your hand with a fistful of coins to pay your toll, and there’s nobody there to take it from you. New York Gov. Andrew M. Cuomo announced last week that all Metropolitan Transportation Authority bridges and tunnels next year will be updated with automatic tolling. No cash […]

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U.S. Payments Forum address slow chip card transaction times

My 14-year-old stepdaughter says the same thing every time I talk about my job. “I hate using that stupid chip thing,” she snarls. “It takes sooooooo long.” On average, it really only takes about 15 seconds — “it feels like 5 minutes!” — to complete a EMV or chip card transaction in person at a retailer. But for those of […]

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