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New Visa Technology Innovation Program (TIP)

October 7, 2016

The Visa Technology Innovation Program (TIP) is part of Visa’s ongoing strategy to protect the payment system and advance security practices that will help secure cardholder data. This program rewards and further encourages the use of EMV and P2PE technologies as it decreases the value of transaction data to criminals.

TIP allows qualifying merchants to discontinue their annual PCI DSS revalidation assessment. Qualifying merchants can reap meaningful savings, and will have the opportunity to reinvest those savings into additional technology to support dynamic data processing.

Effective 31 January 2017, acquirers must ensure Level 4 merchants annually validate PCI DSS compliance or participate in the Technology Innovation Program (TIP). Find out who qualifies for TIP Visa so your prepared for 2017.

Thank you Visa for your awesome contribution!

Digital Identity Around The World

July 5, 2016

Having 17 years experience in the virtual payment processing industry I can recall walking the floors of many conventions and noticed small start-up companies with the word “biometrics”.

Now I thought to myself, OK what the heck does that have to do with payment processing and how will it help a SMB.  Well, it has been a long time coming and it’s here, biometrics is expanding in the market place and we may soon say goodbye to passwords.

Current trends are any indication, passwords may soon be a thing of the past. A recent survey from Gigya reported that 52 percent of customers said they would prefer biometrics or “modern authentication methods” to a password when logging in to an online account.

Google announced it would begin to test “Trust API,” a new alternative to passwords, in an effort to end the use of traditional login methods by the end of this year. The API uses factors such as voice patterns, typing and swiping behaviors, and face shape to determine a user’s identity. Citibank also ramped up its biometric offerings, announcing it would implement a voice-powered authentication solution in Asia over the coming months.

The biometrics market as a whole is expanding. According to the “Global Mobile Biometrics Market 2016-2020” report from Technavio, the market will expand at a CAGR of 103 percent over the next four years. The study predicts that the mobile biometric market will be valued at $12 billion by 2020.

I would recommend to all SMB who process virtual payment transactions, be engaged with the your industry innovative changes and stay ahead of the fraudsters.  Get to know who your customers are and they will embrace your product or services knowing your protecting their financial future.

Thank you for your awesome contribution!


Wearables Are Boosting Mobile Payments

June 6, 2016

Watch what Watch! We have moved into the realm of mobile payments with our wearable watch.  Wearable tech tracks our emails, checking accounts, fitness and how we shop. The first wearable were big and bulky digital watches which helped us add and subtract with built in calculators.

Today’s advanced technology applications in wearable and may I add fashionable watches provide the convenience for consumers to pay at the point of sale for goods and services.

Research and consulting firm Frost & Sullivan estimates the number of mobile wallet users around the world will rise from 409 million in 2015 to nearly 2 billion in 2023. The same report estimates transaction values will increase from $315 billion in 2014 to $1.6 trillion by 2020.

The majority of smartphones and wearables that offer payment functionality use near field communication (NFC) to talk between POS devices and mobile devices. And NFC is readily available in most new card terminals, including those that accept chip card transactions. If a terminal isn’t NFC-ready, many are upgradeable.

Business owners who are looking for opportunities to expand their offerings by excepting mobile payments from wearable technology the time is now!

For more information contact Paylab Plus and consult with one of our experts 888.413.9186.

Thank you Tsys for your contribution.


March 16, 2016

I was having lunch today with my IT partner, TC Consulting in Woodland Hills, Ca., and he gave me the “Breaking News” ~

Please do not open any emails that appear to have come from your own email. There is a ransom ware virus out today. You can click on the link below to find out more that you probably want to know.

Document1 pretending to come from your own email address – JS malware leads to Locky ransomware

 Thank you Tony Clark of TC Consulting, for keeping us safe and spreading the news to my followers and you followers spreading the news to those you know to keep them safe!

Keep it real, keep it in action and keep it locked up!


March 1, 2016

Its tax season and the IRS issued an alert to all payroll and HR departments to beware of the old scheme of emerging phishing emails and the new twist is they appear to come from cyber criminal posing as company executives requesting  personal information of their employees.

Criminals are focusing on payroll departments tricking people into sharing personal data, IRS Commissioner John Koskinen, “If your CEO appears to be emailing you for a list of company employees, check it out before you respond. Everyone has a responsibility to remain diligent about confirming the identity of people requesting personal information about employees.”

Spoofing  refers to tricking or deceiving computer systems or other computer users. This is typically done by hiding one’s identity or faking the identity of another user on the Internet.

Here are a few examples to look for during this tax season:

  • Kindly send me the individual 2015 W-2 (PDF) and earnings summary of all W-2 of our company staff for a quick review.
  • Can you send me the updated list of employees with full details (Name, Social Security Number, Date of Birth, Home Address, Salary).
  • I want you to send me the list of W-2 copy of employees wage and tax statement for 2015, I need them in PDF file type, you can send it as an attachment. Kindly prepare the lists and email them to me asap.

The IRS has noticed an 400% surge in phishing and malware incidents so far this tax season.  I recommend training, education and some more training and education be diligent and present to all your daily tasks.

Till next time keep it real, keep it secure and keep it locked up!


Cyber Threat The Final 4

February 12, 2016

Has your data occurred to you like its been held for ransom?  Well it might be the on going problem of “Ransomeware” not only for individuals and small businesses, it can certainly also find its way onto compromised systems within an enterprise environment.

CryptoLocker was perhaps the most notorious instance of Ransomeware – a piece of malware that would lock the files on an infected computer and demand that the end user provide payment to the operator of the attack.

The Zombie Army aka Botnet use to distribute CryptoLocker was shut down, there are similar types of malware that persist. For businesses  who have a work force working off premise and  connecting to work networks, there exists the concern that not just personal systems , but systems holding a companies critical data could be locked by hackers on an infected system.

The past four posts I hope have been of value and to empower your organization to take action with one of  your most important creations you have built, your business!  Keep it real, keep it in action and keep it locked up!



Cyber Security Threats 2016 – Part 3

February 1, 2016

Monday ~ Monday!  Awesome people we are moving into “Hacks Targeting User Data” and it would be hard to miss the hack of shhhhh! Ashley Madison website that made headlines this past summer and not to mention dropped a name or two, yikes! Then T-Mobile, Experian and VTech it makes one wonder, who’s watching the store.

Let’s consider Big Data requires new tools to filter traffic and secure networks. More then just authenticating access once,  keeping track of the coming and going and any suspicious behavior.

Analyzing the anomalies in your network is highly recommend and asking yourself is there encrypted data or suspicious behavior?  Who is logging in and out, what is being accessed?

Suspicious activity using a transaction monitor, SQL server logs, application logs, or network session data? 

Has your server been manipulated or configurations changed. Is everything still in compliance with security policies?

Are there any changes in the infrastructure configuration management and vulnerability and is everything in compliance with your security policy?

Analyze everything, consolidate risk and protection, choose your data sources and anonymize your data traffic.  These are just some of the ways big data is changing enterprise security. Keep developing security strategies that target big data weaknesses.

Till next time, Keep your eye on the store!


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