December 11, 2014 - US mobile payments outfit Charge Anywhere has admitted that malware has been lurking on its network for five years, putting unencrypted payment card data at risk.
December 9, 2014 - With progress towards a single euro payments area well in train, the European Central Bank has identified instant payments with immediate availability of funds as the industry's next frontier for harmonisation and cross-border collaboration. In its second meeting, on 1 December 2014, the Euro Retail Payments Board (ERPB), a multi-stakeholder group chaired by the European Central Bank (ECB), decided to step up work on the topics of instant payments in euro, and person-to-person mobile payments and contactless payments.
November 25, 2014 - The European ATM Security Team (EAST) has just published its third European Fraud Update for 2014.
November 13, 2014 - MasterCard says a forthcoming wholesale upgrade of the 3DSecure protocol for authenticating online transactions will pave the way for the introduction of more secure biometric and token-based prompts and the ultimate eradication of static passwords.
December 5, 2014 - Women's clothes retailer bebe stores says that its payments processing system was hit by hackers last month, putting customer card data at risk.
November 19, 2014 - Global bank-led industry association, Mobey Forum, has published a white paper detailing the results of a survey that outlines the attitudes of its international membership toward the adoption of host card emulation (HCE). The survey reveals members' appetites for third-party support with HCE solution development and ranks their key criteria for the selection of a technology partner.
November 12, 2014 - Mocapay, a merchant-centric, mobile marketing and payments solution provider, and Merchant Link, a leading provider of payment gateway and data security solutions, today announced the formation of a business alliance that will empower merchants seeking innovative mobile payment and payment security offerings.
December 2, 2014 - The Ovum ICT Enterprise Insights * program, based on interviews with 6,500 senior IT executives, has revealed that the payments industry is set to be a key area of focus for banks across the globe in 2015.
November 18, 2014 - Contactless has shaken off its novelty tag in the UK and is surging towards the mainstream according to Worldpay, which is reporting a 150% rise in volumes over the past six months.
November 7, 2014 - A third-party backdoor and a Windows vulnerability helped the Home Depot hackers plunder 56 million card transaction at the point-of-sale and escape with an additional 53 million email addresses, the US home improvement chain has revealed.
December 2, 2014 - More than three-quarters of online merchants (79%) believe the growing proliferation of markets, purchasing channels and payment methods pose a significant challenge for effectively dealing with fraud, according to the Fragmentation of Fraud report released today by global payments specialist Worldpay.
November 13, 2014 - The UK's new Payment Systems Regulator (PSR) has set out its plans to regulate the £75 trillion industry via a package of measures intended to promote innovation and competition and provide fairer access to payment systems.
November 4, 2014 - Official figures released by the global technical body EMVCo show that nearly 30% of all card-present transactions conducted globally between July 2013 and June 2014 used EMV chip technology.