Mobile payments expansion spawning criminal undergound
May 16, 2013 - The Anti-Phishing Working Group is calling for a global, co-ordinated response to the threat posed by mobile malware and an emerging underground criminal marketplace lured by an expansion in m-payments and banking.
Tiering criteria reduces payment system risks - Chaps
April 23, 2013 - One year on after introducing new Tiering Criteria, Chaps (which processes real-time, high value, guaranteed sterling payments), has reviewed how the changes have reduced risks within this key payment system, which is critical to the economic infrastructure.
US supermarket data breach exposes 2.4m cards
April 16, 2013 - American supermarket chain Schnucks says that around 2.4 million cards may have been compromised by a data breach which saw crooks install malware on its systems.
UK government prepares full, utility-style, payments regulator
March 26, 2013 - The UK government is preparing to bring in a utility-style regulator for retail payment systems, putting an end to the current practice of industry self-policing.
Genesco sues Visa over data breach penalties
March 12, 2013 - US retailer Genesco is suing Visa to recover more than £13 million in penalties it was hit with for a 2010 data breach.
One year out from SEPA deadline, many businesses still unprepared says Experian
February 1, 2013 - It is now exactly one year to go until banks, businesses and every other organisation across Europe has to migrate to the single euro payments area (SEPA) harmonised payment standards, yet only 30% of credit transfers and 2% of direct debits are currently SEPA-compliant, says a new survey from Experian.
ECB seeks to improve online payments security
January 31, 2013 - The European Central Bank has outlined plans to improve the security of Internet payments, requiring firms to beef up their customer authentication processes.
Top Trends in Retail Banking 2013: New Celent Report
December 13, 2012 - Every year Celent gathers its analysts from across the globe to summarize the top trends in retail banking. These trends are discussed in the new report, Top Trends in Retail Banking 2013, from Celent, an international financial research and consulting firm.
