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Payment Security

October 17, 2014 - US president Barack Obama has signed an executive order mandating the use of chip and PIN technology at executive departments and agencies for card payments.

October 10, 2014 - A Russian man accused of hacking into point-of-sale terminals and selling stolen card data on online forums has had a batch of new charges thrown at him ahead of his trial in a US court next month.

September 11, 2014 - The Payments & Cards Network, the leading name in Payments & eCommerce recruitment is growing in Asia. Carolina Mac is the latest consultant to join the network and will be responsible for the APAC region.

September 3, 2014 - Merchant Customer Exchange (MCX), the mobile commerce joint venture put together by some of America's biggest retailers, has finally unveiled its payment network, promising a commercial launch next year.

October 2, 2014 - With the huge data breaches at Target and Home Depot fresh in the memory, MasterCard has launched a tool designed to protect against cyber attacks on banks and processors.

September 10, 2014 - Visa has taken advantage of the hoopla surrounding Apple's application of digital account tokens to replace card numbers for online and mobile purchasing by initiating the roll out of its Token Service to US clients.

September 2, 2014 - China's Alipay has teamed up with handset maker Huawei to develop a system which lets people make mobile payments with their fingerprints.

September 25, 2014 - The Federal Reserve Bank of Boston is to set up a working group to tackle the interoperability and technology challenges of using digital account tokens to replace card numbers for online and mobile purchasing.

September 10, 2014 - After weeks of rumour, hype and speculation, Apple has made its long-awaited entry into the payments business with a compelling mix of NFC technology, tokenisation, biometrics and must-have mobile form factors, including the new iPhone 6 and forthcoming Apple Watch.

August 26, 2014 - Sequent Software, the world's leading provider of digital issuance and open wallet platform-as-a-service, announced today that it has been awarded a key patent for simplifying mobile payments and enabling fast and seamless transactions at merchants through the "One Tap" mobile payments functionality.

September 22, 2014 - The next generation of tech-savvy entrepreneurs and business leaders is transforming the global payments market according to a new report, Global Payments 2020: Transformation and Convergence, from BNY Mellon, a global leader in investment management and investment services.

September 5, 2014 - America's Federal Reserve Banks are moving ahead with plans to improve the country's payment infrastructure, promising to publish a roadmap in the coming months that could eventually lead to a faster payments system.

August 21, 2014 - Package delivery giant UPS has become the latest company to admit that customer payment card details may be at risk after it discovered malware at 51 of its US stores.

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