Payment Security
As US card fraud rises, firms increase security spending
April 4, 2014 - US credit card fraud increased last year despite efforts by firms to beef up their security, according to an Association for Financial Professionals (AFP) survey.
Hackers steal Texas liquor store chain customer data
April 3, 2014 - More than half a million people may have had their card data stolen after a data breach at Texas wine and liquor store chain Spec's which dates back 18 months.
PCI security vendor Trustwave named in Target breach suit
March 26, 2014 - PCI security vendor Trustwave has been accused of failing to detect vulnerabilities in Target's handling of credit card data ahead of last year's data breach, according to a law suit filed by Trustmark National Bank of New York and Green Bank of Houston.
Fraud losses on UK cards on the up
March 14, 2014 - Fraud losses on UK cards totalled £450.4 million in 2013, a 16% rise on the total in 2012 of £388.3 million.
Online payment start-up PayStand secures $1 million funding
April 2, 2014 - PayStand, a next generation online payment solution, today launched its service enabling organizations to easily accept multiple payment options online, all without transaction fees to the merchant.
California DMV probes card data breach
March 24, 2014 - The Californian Department of Motor Vehicles is investigating a potential security breach within its credit card processing services.
IT GRC Forum partner Payments & Cards Network Expands Operations
March 12, 2014 - IT GRC Forum partner Payments & Cards Network (PCN) is a leading recruitment and consulting firm focusing on the Payments market for the last 7 years.
FIS Fosters US EMV Adoption with Visa Agreement
April 1, 2014 - FIS™ (NYSE:FIS), the world's largest provider of banking and payments technology, and its NYCE® Payments Network today announced a licensing agreement to make the Visa® EMV ® debit solution available to all NYCE participants.
SmartMetric preps fingerprint-activated EMV card
March 21, 2014 - SmartMetric (OTCQB: SMME) is readying to move into production of its fingerprint activated EMV chip credit and debit card.
ACI Worldwide Makes Real-Time, Any-to-Any Payments a Reality for Payment Operators
March 12, 2014 - ACI Worldwide (NASDAQ: ACIW), a leading international provider of electronic payment and banking systems, today unveiled the next generation of its consumer payments solution, enabling real-time, any-to-any payments.
Retail bank IT spending to hit $152.2 billion by 2018 - Ovum
March 28, 2014 - Global retail bank IT spending is tipped to hit $152.5 billion by 2018 as banks worldwide focus on digital delivery channel investment to attract customers, according to research by analyst group Ovum.
MasterCard and Visa to join forces to boost payment security
March 14, 2014 - Card companies MasterCard and Visa have announced the formation of a cross-industry effort to improve the safety and security of card payments. The firms have announced the partnership in a bid to ensure payment security meets the needs of financial institutions and retailers, who face cyber attacks that are growing in frequency and sophistication.
PCI Council warns ATM operators as Windows XP deadline approaches
March 10, 2014 - Up to 95% of the world's ATMs could be left wide open to hackers next month when Microsoft ends tech support for the Windows XP operating system, the PCI Security Standards Council is warning.
