Cross posted by D. E. Wilson, Jr., Venable LLP Transaction Laundering (TL), sometimes referred to as “undisclosed aggregation,” or “factoring,” is a growing threat to the payments industry. Money laundering by another name, it is the dark side of payment facilitation, an established, legitimate aggregation model … Read more
ControlScan has just released a new report detailing its latest research findings on mobile technology adoption among small and mid-sized businesses (SMBs). The report, Mobile at the Point of Sale: How SMBs are Adopting Mobile Devices to Accept Card-Present Payments, is based on input from … Read more
The last couple of months have felt like a rollercoaster ride for those of us in the security and compliance space, as we watch multiple retailers come forward about data breaches and the forensic evidence being uncovered. In the midst of this, ControlScan has conducted … Read more
The last four years have been marked by continued growth in Level 4 merchant data compromise, yet a recent study report from ControlScan and Merchant Warehouse reveals that many SMB merchants are still not receiving—or effectively responding to—messages about cardholder data security. How ISOs and Acquirers can … Read more
PCI risk profiling is not easy. To provide ISOs, processors and sponsor banks with assistance on PCI profiling, ControlScan and ThoughtKey have developed a series of Webinars dedicated to this topic. Our most recent Webinar, How ISOs & Acquirers Can Execute an Effective Merchant PCI … Read more
The days of simply sending a newsletter or statement stuffer to a merchant describing the PCI requirements may no longer be sufficient to protect the Acquiring community (Sponsor Banks, Processors and ISOs) from the card brand obligations, liability and the impact of state law violations. … Read more