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Payment Security

February 4, 2014 - Today, the PCI Security Standards Council (PCI SSC), an open global forum for the development of payment card security standards, testified before the U.S. Senate Subcommittee on National Security and International Trade and Finance.

February 3, 2014 - As retailers increasingly look to mobile as a way to generate revenue, fraud threats are impacting merchants to the tune of $283 for every $100 of actual fraud losses through the mobile channel, according to the LexisNexis® True Cost of Fraud(SM) Mobile Study released today. Conducted by LexisNexis and Javelin Strategy & Research, the study highlights key fraud issues effecting mobile retailers, while also articulating ways to combat retail fraud.

January 29, 2014 - Acquirer Systems, the market leader in enterprise test and validation solutions for the payments industry, today announced that Ed Mastrangelo, Head of Business Development, North America, will be participating as a panellist at the Smart Card Alliance 2014 Payments Summit during the keynote session, "What Retailers Want and Want to Avoid with EMV and NFC".

January 28, 2014 - Oxygen8 today announces the launch of Oxygen8PAY, a PCI compliant e-commerce, mobile and IVR card payment solution designed to simplify merchants' card payment operations through a range of communication channels.

January 31, 2014 - A greater number of banks are embracing the trend towards mobile banking among their customers, according to a new report.

January 28, 2014 - The recent data breach suffered by major retailer Target has had a significant impact on US consumers, according to a new report.

January 28, 2014 - FIS™ (NYSE: FIS), the world's largest provider of banking and payments technology, continues to lead the way in EMV production and transitions across the United States. Having launched EMV programs for more than 50 financial institutions over the last 12 months, FIS provides implementation and issuance programs for providers looking to upgrade to the EMV standard used across most of the world. FIS also issues EMV-enabled cards in Canada, Aruba, Brazil, Mexico and the U.K.

January 30, 2014 - Barclays is the clear leader in Forrester's latest rankings of secure banking websites in the UK, and offers the most extensive online banking functionality out of UK's largest retail banks and building societies, according to a new report out today.

January 28, 2014 - Innovative start-up fintech firms are working on a range of new technologies that will require major banking institutions to change the way they operate.

January 27, 2014 - Lloyds Bank and its Halifax, Bank of Scotland and 'arms-length' TSB unit, which was spun off last year but still relies on its former parent group's IT system, suffered a major outage of its retail banking systems in the UK yesterday with customers unable to withdraw money from cashpoints or pay for in-store goods with their debit cards.

January 29, 2014 - Accuity, the global standard for payment efficiency and compliance solutions today announced the launch of their cybercrime watch list, powered by Veri-Site™. This solution is a proprietary, open source database that provides risk-relevant intelligence regarding rogue websites, IP theft, cybercrime, web-enabled transnational organized crime and sanctioned entities operating online. This new solution enables financial institutions and payment service providers to screen against high-risk entities that use the internet to conceal their true identity.

January 28, 2014 - International payments software solutions company GFG Group and world-leading fraud prevention provider ReD have formed a strategic alliance to provide an integrated fraud and payment processing solution to clients.

January 24, 2014 - Tech spending by North American banks is expected to hit nearly $60 billion in 2014, marking a return to confidence in the sector after years of underinvestment.

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