Alto Global Processing – Starbucks: We’ll be Passbook-ready before October

By  of CNET

Starbucks says it will be integrated with Apple’s Passbook by the end of the month.

The company announced the news on Twitter this morning, providing no further information about features or carryover for current Starbucks card holders.

A Starbucks spokesperson told CNET that an update to the company’s iPhone app will let current Starbucks Card owners add their account to
Passbook.

Passbook, which went out as part of iOS 6 earlier this week, is a new application from Apple designed to store membership cards, tickets, coupons, and boarding passes — a bit like a digital wallet. As an added feature, Passbook does a few things paper and plastic can’t, like alert you to changes, and pop up to be readily accessed based on your location.

Starbucks already announced that it would be integrating with Passbook, though did not provide a timetable. Nonetheless Apple has promoted the company as one of the initial partners, along with Fandango, Target, and Major League Baseball, the last of which CNET gave a spin this week at a MLB game.

The relationship between Apple and Starbucks dates back to 2007 with a deal that had Apple offering a special Starbucks section of its iTunes Music Store, with Starbucks-curated music picks that would appear when iPhone or iPod Touch users were on the store’s Wi-Fi network. Starbucks has since gone on to offer the Pick of the Week program, as well as developed a first-party application that lets users pay for drinks with their iOS device.

Source: http://www.cnet.com/news/starbucks-well-be-passbook-ready-before-october/

For more information on this please feel free to contact Luca Bizzotto, CEO of Alto Global Processing Please visit Alto Global Processing

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Alto Global Processing: CNP Fraud Spikes as Ability to Catch or Prevent Card-Present Fraud Improves By Tom Goldsmith

It’s become much more difficult to produce counterfeit credit and debit cards, thanks to improved card design and better protection of card data that could be used to make fakes.And with the arrival over the next few years of EMV technology, it will be even more difficult to create counterfeit cards.

That hasn’t deterred the criminals engaged in organized card fraud, however. According to the analytics firm FICO, as card-present fraud has declined, there has been a real spike in card-not-present (CNP) fraud, essentially via the internet and by telephone.

“Continued improvements in fraud controls have succeeded in keeping the fraud genie in the bottle; but fraud fraudsters continue to evolve their attempts to circumvent our efforts, adapting to consumer behavior and simply following the money,” said Doug Clare, vice president of Product Management at FICO. “More online shopping has created a shift towards more online fraud, which is proving to be a popular, relatively safe and anonymous means for fraudsters to exploit any weakness in fraud systems. Consumers and issuers should remain diligent when using cards for point of sale and ATM transactions.”

Source:  http://www.electran.org/DailyScoop/?p=2138

For more information on this please feel free to contact Luca Bizzotto, CEO of Alto Global ProcessingPlease visit Alto Global Processing

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