Latest Industry News

Despite the recession - or perhaps because of it - branded prepaid cards continue to grow in market share in the U.S., according to a recent report.

The amount of debit card fraud in Canada has been steadily rising in recent years, but payment processing industry officials are optimistic about the ability of chip card technology to curb some of those numbers.

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Merchant Account

• 10/03/2010 - Branded prepaid card market continues to grow, study shows
• 04/03/2010 - Growing debit card popularity to change payment processing landscape
• 02/03/2010 - MasterCard, Visa profit forecasts upwardly revised thanks to prepaid card popularity
• 01/03/2010 - Real GDP increases in Q4 2009 and December, driven by consumer spending

Credit Card Processing

• 08/03/2010 - 2010 budget proposals include debit and credit card processing regulation measures
• 26/02/2010 - Credit card processing appeals to consumers' psychological tendencies
• 24/02/2010 - Hyatt, Visa and Chase form alliance, release Visa-branded rewards card
• 23/02/2010 - American Express Canada and Costco partner to offer rewards credit card

Point-of-Sale Terminals

• 03/03/2010 - VeriFone reports strong revenue, cash flow performance for Q1 2010
• 22/02/2010 - Chip and pin not cure-all for PCI compliance, expert says
• 22/02/2010 - EMVCo to investigate chip and pin security breach research
• 19/02/2010 - POS terminal market declines in 2009, largely a result of software's reliability

Security and Fraud

• 10/03/2010 - Debit card fraud increasing, but chip card technology expected to reverse the trend
• 10/03/2010 - Want to spend less on payment processing security? Minimize PCI scope
• 09/03/2010 - The latest payment processing security threat? Bored employees
• 09/03/2010 - Attention to payment processing security keeps merchants from being 'an easy target'

Press Releases

• 01/05/2010 - Pivotal Payments Completes Acquisition of POS Card Systems And National Credit Card Processing From Vision Bankcard
• 11/26/2009 - Pivotal Payments Among Finalists for Canada's 50 Best Managed Companies of 2009
• 09/15/2009 - Pivotal E-Payments and ClicNet Announce Partnership that simplifies Online Payment Processing for Ecommerce Merchants
• 08/24/2009 - Comca Systems and Pivotal Payments Announce an Innovative Partnership to Improve Payment Processing Services for Dry Cleaners