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Payment Security

June 12, 2014 - Speaking at the U.S. Chamber of Commerce 10th Annual America's Small Business Summit and Small Business Expo this week, the PCI Security Standards Council (PCI SSC), an open, global forum for the development of payment card security standards, initiated a call for 50 organizations to step forward in a collaborative effort to increase payment security awareness in the global small business community.

June 11, 2014 - US restaurant chain PF Chang's China Bistro has confirmed that is investigating a data breach that may have seen customer card details stolen.

May 30, 2014 - Bitcoin may currently be going through an "adoption chasm" but the crypto-currency will have a profound societal effect, shaking up payments markets and other industries over the next few years, analysts from Wedbush Securities have predicted.

May 21, 2014 - EBay is asking users to change their passwords because of a cyber-attack that compromised a database containing user data. But the online auction house says that there is no evidence that PayPal accounts have been compromised.

June 5, 2014 - UK card spending has more than doubled over the last decade, topping half a trillion pounds last year, according to industry figures.

May 27, 2014 - Fime has announced the completion of a period of consultancy and testing to validate Nabil Bank's point of sale (POS) terminals and host acquirer platform infrastructure to UnionPay, MasterCard and Visa specifications.

May 21, 2014 - In the face of increasing cyber-attacks on the retail industry, including recent attacks on Michaels Stores, Neiman Marcus, and others, CyberArk has released a new white paper demonstrating how retailers can comply with the latest Payment Card Industry Data Security Standard (PCI DSS) regulations.

June 4, 2014 - The boss of a Russian payments firm who was jailed last year for organising a cyberattack on a rival's website, has been released early in exchange for helping to build the country's new national payments system, a local journalist has claimed.

May 29, 2014 - The Spanish company Sipay Plus, is the first European payment gateway with this certification, in its new version 3.0 level 1, for card payment data security standard PCI DSS.

May 20, 2014 - LifeLock has been forced to pull the mobile wallet it acquired for more than $40 million last year from app stores and delete all user data from its servers after deciding the technology might not be PCI compliant.

June 3, 2014 - American Express is writing to around 75,000 Californian customers to warn them that their card data has been posted online by Anonymous Ukraine.

May 28, 2014 - MasterCard today announced enhancements to its industry leading security efforts, providing U.S. cardholders with greater protection from fraud and identity theft.

May 13, 2014 - According to a study into the acceptance of new payment solutions published by Visa Europe today, mPOS (mobile point of sale) usage by small businesses (SMEs) in Europe will take off dramatically in 2014.

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