The Green Sheet, September 2013, with Dr. Ross Federgreen
Risk, fraud and compliance are no strangers to the payments community. Daily procedures address issues relating to Payment Card Industry (PCI) Data Security Standard (DSS) compliance in addition to monitoring merchant and affiliate activities to spot risky behavior and overseeing dealings with high-risk entities. Yet often, these procedures are viewed as a cost center, rather than an opportunity for business growth and cost savings.
Easy-to-use tools can enhance scrutiny and reduce risk while saving time and money – and even provide new streams of revenue.
The Green Sheet, February 2014
Bitcoin is a decentralized digital currency that provides the ability to send payment over the Internet or through other electronic media. While bitcoin has many perceived advantages to traditional electronic payment methods, it introduces significant risks to the payment system, as well as to merchants and acquirers that accept bitcoin as a form of payment.
Additionally, bitcoin has all the trappings of a “bubble” that threatens to burst in the near future.