Recently, The Beach Boys’ Mike Love recently joined forces Full House star John Stamos and Extra host/former Sugar Ray frontman Mark McGrath for an updated rendition of the surf-rock icons’ 1968 single “Do It Again.” On Wednesday, the trio premiered the official video for their self-described “reincarnation” of the track, directed by Stamos.While Love’s relationship with the rest of his original band, particularly songwriting collaborator Brian Wilson, is publicly contentious, the relationship between these three performers is all love. The clip is a thoroughly satisfying dose of fun-in-the-sun nostalgia, with shots of Love’s younger days singing with the Beach Boys interspersed with a whimsical Love-McGrath-Stamos karaoke montage. Take a few minutes to watch the video (via OfficialMikeLove), and we promise your day will be just a little more light-hearted if you do.“The whole song’s about getting together with old friends and sharing good times and talking about the old times,” Love told Billboard. “The fact that here we are decades later, recreating it with old friends, having a great time – it doesn’t get much more organic and perfect and fantastic than that.” Love also commented on the old-school footage used: “Sometimes it’s embarrassing to see myself with a beard as long as ZZ Top’s or looking like Duck Dynasty or jumping around with my shirt off and rockin’, but, hey, it was the ’60s and the ’70s and it was rock and roll and there’s a whole lot of history there.”As fans of Full House know, the connection between Love and Stamos goes way back, at least as far as the Beach Boys’ guest roles on the show in the 90’s. Love, Stamos, and McGrath performed their “reinvigorated” version of the 60’s tune for a 4th of July TV special in Washington, D.C. for PBS earlier this month.:[h/t – Rolling Stone]
105SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Dean Young Dean Young leads PSCU’s strategic direction on how to best leverage the cooperative’s scale to advocate on behalf of the credit union industry. He works collaboratively with key … Web: pscu.com Details The entire payments industry has seen a substantial increase in fraud losses over the past decade. Thanks to EMV technology, we can expect to see card present fraud dramatically decrease. That’s the good news.Now the bad news:In order for this technology to reach its full fraud preventing potential, something significant is going to have to transpire between all members of the payments’ ecosystem – something that unfortunately isn’t happening fast enough.The BackstoryIn addition to highly publicized security breaches at major retailers, skimming to steal card information at swipe locations and then cloning magnetic stripe cards to use at retailers has increased over the last 10 years.Unlike the magnetic strip on the back of the card which cannot be updated with purchase information, the EMV chip keeps track of each transaction and transmits information to the reader for processing. Whereas the traditional magnetic stripe cards were relatively easy to copy, this two-way communication makes EMV cards much more difficult to clone.Credit unions, banks, payment processors and card issuers have invested countless dollars and other resources getting EMV technology in the hands of consumers prior to last month’s EMV liability shift deadline. For its part, PSCU has been issuing EMV cards to its credit union Member-Owners for more than four years. Our EMV deployment strategy went far beyond ordering new chip cards. We conducted EMV educational forums across the country, as well as armed our credit union members with best practices for encouraging member adoption and usage. To date, PSCU member credit unions have issued over 2.8 million EMV-enabled credit cards. More than half of all PSCU credit unions have issued EMV credit cards to their members and several hundred more are at some point in the process. And more than 200 are in the process of converting to EMV debit cards.Today’s LandscapeTo date, a large percentage of retailers, smaller chains and independent stores in particular, have resisted the EMV shift because of significant upfront costs and the disruption to their operations. They’ve lagged behind despite having the same amount of time to update their payment acceptance and processing technology as all other players in the payment processing cycle.Many retailers have either not yet replaced their credit card terminals or have not enabled the new EMV features. If consumers use their new EMV credit cards in the old terminals, the merchant will now bear the cost for any fraud that occurs as a result. An even greater concern is that fraudsters will target stores without EMV-enabled terminals since they can continue using their proven method of skimming. Upgrading and enabling these terminals is critical. Without it, little will be done in terms of reducing card present fraud and identity theft.The deadline was intended to motivate merchants to adopt EMV. Instead, merchants opted to spend their time lobbying the government to mandate PIN transactions, which cost them less than signature transactions. So perhaps the recent outcry from merchants about needing more time to implement EMV terminals is actually more about lowering interchange costs, which mandating a PIN would likely accomplish.The Road AheadRather than spending their time on tactics that distract from the real issue, merchants would be better off investing their time and resources into making the necessary updates to payment acceptance and processing technology.Although EMV is not a magic bullet, adopting new technology to prevent fraud requires complete participation from all parties in the payments loop. If there are any gaps in the process, it’s a safe bet that criminals will capitalize on them until they are closed. New and emerging authentication techniques such as tokenization, biometrics and other forms of encryption promise to add even more strength in the fight against fraud. But the payments ecosystem will not maximize the potential of EMV fraud mitigation technology or any other emerging technologies until all participants are equally engaged.To truly mitigate payment card fraud, all of the players in the payment processing cycle – merchants included – need to come together and move forward with implementing EMV technology.