Home/ Articles by: Jonathan Weindruch


NBS Payment Solutions Acquires The Assets of Equinox Payments

Scottsdale, Arizona and Toronto, Canada, February 6, 2014 – NBS Payment Solutions Inc. (“NBSPS”) announced today that it has completed the acquisition of substantially all of the assets of Equinox Payments, LLC (“Equinox”). Equinox is a leading provider of payment terminals, applications and support services in the United States. NBSPS is a leading provider of payment terminals, applications and services to the Canadian market and is a wholly-owned subsidiary of Brookfield Asset Management Inc. Terms of the transaction were not disclosed.

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Chip Standards Body Fast-Tracks New Token Standard in wake of…

EMVCo., the international standards body for chip cards based on the EMV specification, is fast-tracking a specification for card-number tokenization in the wake of recently disclosed data breaches at major retailers, including the theft of card and other information on 110 million customers of Target Corp. Read More…

Visa Sticks to EMV Deadline

Visa Inc. chief executive Charles Scharf on Thursday quelled rumors that the payment network might change its October 2015 liability-shift deadline for Europay-MasterCard-Visa chip card transactions. Scharf also decried what he called “misinformation” and “confusion” about card security following December’s news of Target Corp.’s huge payment card data breach and subsequent disclosures of breaches at retailers Neiman Marcus Group and Michaels Stores Inc.
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