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Payment Security

April 2, 2015 -The Payment Card Industry (PCI) Security Standards Council (SSC) has confirmed that its latest data security standard (DSS) 3.1 update, due mid-month, will mandate businesses move away from Secure Sockets Layer (SSL) web encryption because it's no longer considered strong enough.

March 27, 2015 - According to research commissioned by Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, there has been substantial growth in mobile bill pay offerings and usage over the past year.

March 20, 2015 - A bipartisan group of US House of Representatives members have formed a caucus to investigate payment technologies.

February 27, 2015 - Banco do Brazil, PNC Bank and US Bank are set to join the growing band of finacial services firms working with Visa to offer their customers HCE-based contactless mobile payments.

March 25, 2015 - The Payment Systems Regulator (PSR), the new economic regulator for payment systems, today confirmed how it will regulate the industry from 1 April 2015.

March 13, 2015 - Visa Inc. (NYSE:V) today launched its 20-city tour to educate small businesses and consumers about payment card chip technology (also known as EMV technology).

February 24, 2015 - Visa Europe is to launch a tokenisation service customised for the European marketplace in mid-April in a move which would pave the way for the roll out of Apple Pay across the continent.

March 24, 2015 - The European ATM Security Team (EAST) has just published its first European Fraud Update for 2015.

March 12, 2015 - Verizon's 2015 PCI Report Indicates Organizations Should Treat PCI Compliance as an Ongoing Focus; Lack of Compliance Linked to Data Breaches.

February 19, 2015 - Ahead of Fraud Prevention Month, a new study commissioned by Visa Canada showed Canadian consumers still prioritize payment security above all else.

March 23, 2015 - The Department for Environment, Food and Rural Affairs, Defra, is enduring a series of embarrassing headlines after its £154 million system to process farmers' EU subsidy payments has been largely abandoned following a number of problems with its online interface.

March 9, 2015 - A campaign designed to put pressure on US card issuers to embrace chip and PIN, rather than just chip and signature, technology has been launched.

February 17, 2015 - The day after reports of a one billion dollar cyber heist at banks around the world, a PwC poll shows bank bosses are growing increasingly concerned about the threats posed by online criminal gangs.

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