ISO & Agent

Both standards are confusing and not universally adopted. But both are a necessary baseline to protect merchants and payment companies.

What's considered a 'bad' product for one group of consumers may not be bad for another.

Merchants are concerned emerging technology can't keep up with the growing online fraud threat. But there are some steps that can increase security.

New payment standards have banks worried about compliance costs, but there is an opportunity for innovation for aggressive institutions.

Businesses are shedding paper checks in favor of electronic payments, but the migration is not as easy as consumer payments.

As digital and mobile capabilities have taken hold on payments and data security, acquirers and independent sales organizations have needed to quickly ramp up their tech knowledge.

Adoption is increasing, but most consumers would stop using the technology if they suffered a security incident

A full changeout of AML and KYC rules would stress compliance. Working to improve current practices would be better for the financial services and payments industries.

Business still use lots of checks for payments. That may have worked in the past, but it likely won't work in an increasingly digital future.

Machine learning, Siri and Alexa are taking off quickly, particularly among younger consumers. Banks and payment companies need to get in the game now.

Passwords are often restrictive, undynanmic and draw attention from fraudsters. And there's also the risk of repeated cybercrime linked to old authentication.

It's difficult for acquirers to have the proper payments technology available when merchant interest peaks. This is even more difficult as efforts such as Smart Cities and Internet of Things initiatives overwhelm retailers with options.

As trends in payments technology take hold or taper off, it's safe to say that one is firmly entrenched: The shift to mobile and integrated point of sale devices.

As multi-factor identification becomes the norm, biometrics can be one or more steps that consumers can easily execute.

Amazon's Go concept store has caused concern among payment companies and retailers, though there are mobile-driven options that can replicate the experience.

As connected devices expand in use and add payment capabilities, retailers and technology companies will need to move fast to stay safe and ahead of the curve.

One in four acquirers say that how they approached Payment Card Industry security standard compliance caused them to lose merchant accounts.

Some new data rules, such as the one in New York state governing cybercrime protection, require complex technology work to remain compliant. But the rules also leave room for outside help.

ID attacks have expanded quickly in the past year, partly due to the same kind of automation that companies use to manage a high volume of transactions.

When acquiring a payments company, there are numerous federal rules that have to be followed. As the environment gets more complex, here's how to stay compliant.