Signature Card Services and NSDB Form Partnership to Enable Voice Biometric-based Authentications

(Los Angeles, CA and Sydney, Australia) December 22, 2014 –Signature Card Services, award-winning payment processing provider, and NSDB, a boutique, internet technologies incubator, have agreed to form a joint venture, vocaONE, aimed at helping payment organizations improve the quality of authentication processes with the use of voice biometrics. vocaONE will develop solutions and services that will significantly improve the dependability of authentication processes and achieve greater security. The company will be headquartered in Los Angeles, CA and will focus its business operations initially in the U.S. market, with global expansion planned in the future. Continue reading

Signature Card Services to Support QDI Dealers with the EMV Migration

(West Hollywood, CA) – Signature Card Services, the industry’s leading payment processing services provider, announced that it will be the preferred and recommended vendor for QDI, one of the nation’s largest master distributors of wireless and wireline products and services. Through this agreement, Signature Card Services will be providing full support in converting QDI’s extensive roster of stores’ to the new chip card acceptance standard, known as EMV, as well as providing payment processing services.   Continue reading

Signature Card Services Partners With BARBinc to Deliver Payment Solutions

Signature Card Services (, the industry-leading payment processing services provider, has become the exclusive payments solutions partner for BARBinc (, which provides marketing and technology solutions for the barber and salon industries. Following this announcement, BARBinc will market Signature Card Services’ credit card processing solutions to its extensive roster of owner and manager members. Continue reading

Signature Card Services Chooses Alternative Payments to Give Global Access to Merchants

LOS ANGELES, Nov. 7, 2013 (GLOBE NEWSWIRE) — Signature Card Services ( is proud to announce its partnership with Alternative Payments (, a PCI-compliant provider of global alternative payment methods.

Merchants of Signature Card Services are now able to capture sales from all EU countries and several emerging markets. These alternative payment solutions provide instant access to customers they wouldn’t have access to by accepting only traditional credit cards. More than half of EU online shoppers do not use credit cards for e-commerce purchases. By offering alternative payments, smart merchants can get a piece of the growing European market which is forecasted to be over EURO300 billion ($413.2 billion) by 2016. The European e-commerce marketplace has overtaken the U.S. for each of the past three years. Local and familiar payment types are preferred by consumers in the EU and emerging markets. Now with the alternative payment solutions, merchants of Signature Card Services can capture global sales. Continue reading

Signature Card Services New Online Store Supports Affordable EMV Transition for U.S. Merchants

LOS ANGELES, Oct. 16, 2013 (GLOBE NEWSWIRE) — Signature Card Services (, the industry-leading payment processing services provider, has launched a new online store that features low-cost EMV-capable terminals for retail merchants. The store will offer merchants the ability to purchase discounted terminals in order to support their transition over to processing chip-based credit cards. With the deadline for EMV implementation approaching, providing merchants affordable equipment and training has become an important initiative for Signature Card Services as they prepare merchants for this change.

While a variety of EMV terminals will be available at highly discounted rates, Signature Card Services is also offering the terminals for free with the activation of a new merchant account. In addition, they are also providing valuable education on how to use and derive optimum benefit from the terminals through a series of on-site video tutorials. Continue reading

Will EMV save us from fraud?

(This article originally appeared in The Green Sheet, October 14, 2013)

by Cliff Teston

Despite the hesitation by U.S. merchants and financial institutions to fully adopt Europay/MasterCard/Visa (EMV) migration, the reality is that by 2015, we will be joining most of the global community by integrating EMV in the United States. Though you may see this as a cause to worry, it is important to remember that EMV will essentially reduce fraud – and who doesn’t want that?

The idea behind the security of EMV cards is that fraudulent purchases are much harder to pull off because EMV cards contain a “smart chip” that is nearly impossible to clone. While conventional mag stripe technology reveals card information with one quick scan, chip cards require dynamic verification and hold significantly more information within the chip, making life harder for fraudsters.

So, once every U.S. merchant has an EMV terminal and every consumer carries a smart card, will credit card crooks be out of business? The answer is complex, given the experiences of other countries with EMV conversion, the adaptive spirit of the fraud-committing community and the changing technological landscape around transaction authentication. Two things are certain, however. First, EMV will bring about a reduction in counterfeiting and lost and stolen card fraud in the United States. Second, EMV is coming, and we must be ready and able to pave the way for a smooth transition. It is time for merchants to prepare by re-focusing now on the tried-and-true basics of fraud prevention and embracing new methodologies as they become available.

Previous EMV lessons

EMV has been widely adopted around the world, and now that the U.S. transition is underway, networks are beginning to implement their own EMV migration plans. While fraud patterns before, during and after EMV migration have varied from country to country, common threads exist.

Typically, fraud has surged in the card-present environment prior to migration deadlines and dropped dramatically after EMV cards have been introduced. I wish I could tell you that all fraud will disappear once EMV is in place, but sadly there is no “perfect protection” against crooks.

Historically, fraud has shifted to overseas, card-not-present (CNP) transactions because EMV cards don’t offer the same protection in that milieu as they do in environments where face-to-face transactions occur. In France, for example, the new standards significantly reduced counterfeit fraud but resulted in a commensurate increase in CNP scams. In the United Kingdom, overall fraud for both transaction environments increased during the changeover period until additional authentication measures were introduced.

U.S. Preparation

Migration to EMV in the United States has been slower than elsewhere, and it’s hard to predict what the impact will be here. But “watch and wait” may not be the best strategy. Those who are slow to adopt EMV technology may put themselves at risk, as counterfeiting schemes will naturally surge toward the most vulnerable transactions and merchants.

And for CNP merchants, EMV has a different set of issues. If history is any guide, CNP merchants will likely see fraud increase as face-to-face fraud falls following the EMV adoption.

Argus Payments Inc., a payment gateway that specializes in CNP for high-risk merchant categories, expects that after the EMV shift, the rate of fraud in CNP transactions in the United States will rise – migrating away from card-present (CP) targets. In preparation, online merchants and processors may do well to add dynamic authentication capabilities to their checkout processes.

Unfortunately for CNP merchants, authentication requirements add friction to the online checkout process. Argus predicts that monitoring and balancing conversion rates of authenticated transactions against overall fraud rates will be a key practice for merchants seeking to maintain revenue while mitigating an increasing amount of fraud.

Those merchants may wish to enforce policies in real-time using risk-scoring and categorization (high-value tickets or affiliate-based traffic sources may be good categories) to determine the appropriate situations in which to require authentication, while allowing low-risk carts or customers a more streamlined checkout.

Strong authentication

Meanwhile, all merchants must take a fresh look at their authentication practices. Merely operating an EMV-enabled terminal is just half the equation, as mag stripe cards will remain in consumer wallets for some time, sustaining the need for old-school screening practices.

Face-to-face merchants should now bolster their card-acceptance protocols in preparation for any surge in counterfeit and lost- or stolen-card fraud as the deadline approaches. The most low-tech practices like examining signatures and photo IDs – while imperfect – remain simple and effective deterrents to scammers seeking low-hanging fruit.

As for CNP merchants, it is likely wise to prepare now for a wave of threats. Simple and proven protocols such as requesting card verification value and card identification number codes should be a given. Gateways should authenticate Internet Protocol addresses.

In France and the U.K., the surge in CNP fraud was brought largely under control by moving to 3D Secure practices such as remote PIN entry. 3D Secure is a payer authentication protocol that comprises Verified by Visa and MasterCard SecureCode and enables cardholders to create PINs that can be confirmed by issuing banks during online transactions.

From biometric fingerprinting tools for home PCs and mobile devices to “social fingerprinting” solutions that authenticate consumers by analyzing their social data from sites like Facebook, new solutions for verifying CNP practices will continue to emerge as online transactions become the preferred target for crooks.

Improved fraud mitigation

It is likely that fraud incidents similar to those experienced by other countries will play out in the United States as we migrate to EMV technology. It’s also likely we’ll face some surprises – all of which make it crucial to shore up the fraud mitigation tools we already have in both CP and CNP environments. We must put tried-and-true protocols in place now and support the innovations of the future.

For ISOs, the task at hand is to fully educate and support merchants during the transition phase and beyond, ensuring they (and their cashiers) understand and embrace the new processes while adhering to security fundamentals. EMV adoption will ultimately strengthen fraud reduction in the United States, but there will be bumps in the road.

Awareness, education and vigilance will help us all make the transition as smooth as possible.

Cliff Teston is co-founder, Chief Executive Officer and President of Signature Card Services. He has a long history of leadership and innovation in all aspects of the ISO/MSP industry. Contact him .

James Kramer joins Signature Card Services as its new General Counsel

Los Angeles, CA. James Kramer joins Signature Card Services as its Assistant Vice President and General Counsel. He will report to President and Chief Executive Officer Cliff Teston and become a member of Signature’s executive team.

“We operate in multiple and often complex legal and regulatory environments,” said Teston. “James’ experience and academic background will make him a valuable resource to Signature Card Services, our merchants and our agents.” Continue reading

Signature Card Services Makes EMV Migration Easy and Affordable

Signature Card Services announces partnership with Ingenico to support its EMV migration


Industry-leading payment processing services provider, Signature Card Services, is offering free EMV-enabled terminals to its merchants in the U.S. to make their transition to the EMV standard as economical and effortless as possible. The company has chosen Ingenico’s EMV terminals to be installed for interested merchants starting June 15, 2013. Ingenico (Euronext: FR0000125346 – ING) is a global leading provider of payment solutions with more than 20 million terminals deployed in 125 countries and deep experience in EMV migration. Continue reading