Fraud is headed online to card-not-present transactions, right? Sure, but hackers have figured out ways to get around more secure chip card transactions at the point of sale, too. Simply put, “magstripe backward compatibility” is a problem. We’ve all had the experience dozens of times by now: the POS doesn’t have theRead More
Post Tagged with: "Stratos"
So the Wallaby card never arrived — but hey, who needs cards anymore? Wallaby began beta testing in June 2012, and received $1.1 million in seed funding that August. The goal was to provide a card that would include all the user’s cards and deploy the optimal one based on theRead More
SAN JOSE, Calif. — It’s time to relegate the phrase ‘frictionless’ to the FinTech trashbin. It will join words such as “omnichannel,” “disruption,” and “mobilefirst” in exile. All were used so often that they lost all meaning and just plain got on everyone’s nerves. Removing friction from financial services — with orRead More