Master Card provides ATM network to support EMV

MasterCard officials expanded its roadmap for EMV debit and credit card technology to include automatic teller machines. After October 2016, banks can hold ATM operators liable for fraudulent withdrawals and cash advances from debit and credit cards.

Mortgage rates have started a small increase

Mortgage rates moved gently lower to begin the week (and month), ending a two day run toward higher rates on Thursday and Friday.  Trading levels in the secondary mortgage market began the day in the same territory as Friday afternoon and gradually improved throughout the day. 

Groupon announced a new service to process mobile payments!

Mobile Payment Processing PartyBetter known for coupons than credit cards, internet discount company Groupon announced a new service to process mobile payments. The company says it will seek to develop a system that charges the “lowest rates in today’s marketplace”.