Payment Security
PCI security vendor Trustwave named in Target breach suit
March 26, 2014 - PCI security vendor Trustwave has been accused of failing to detect vulnerabilities in Target's handling of credit card data ahead of last year's data breach, according to a law suit filed by Trustmark National Bank of New York and Green Bank of Houston.
California DMV probes card data breach
March 24, 2014 - The Californian Department of Motor Vehicles is investigating a potential security breach within its credit card processing services.
IT GRC Forum partner Payments & Cards Network Expands Operations
March 12, 2014 - IT GRC Forum partner Payments & Cards Network (PCN) is a leading recruitment and consulting firm focusing on the Payments market for the last 7 years.
RBS to slash number of tech and payments platforms supported
February 27, 2014 - RBS is planning to reduce the total number of technology platforms it currently uses by 50%, as it looks to turn around a business blighted by years of neglect and overly-complex management structures.
SmartMetric preps fingerprint-activated EMV card
March 21, 2014 - SmartMetric (OTCQB: SMME) is readying to move into production of its fingerprint activated EMV chip credit and debit card.
ACI Worldwide Makes Real-Time, Any-to-Any Payments a Reality for Payment Operators
March 12, 2014 - ACI Worldwide (NASDAQ: ACIW), a leading international provider of electronic payment and banking systems, today unveiled the next generation of its consumer payments solution, enabling real-time, any-to-any payments.
Researchers find more than 100 malware families targeting bitcoin
February 26, 2014 - The rise of bitcoin over the last year has piqued the interest of cybercrooks, who have created more than 100 unique families of malware designed to steal virtual currencies, according to Dell SecureWorks.
MasterCard and Visa to join forces to boost payment security
March 14, 2014 - Card companies MasterCard and Visa have announced the formation of a cross-industry effort to improve the safety and security of card payments. The firms have announced the partnership in a bid to ensure payment security meets the needs of financial institutions and retailers, who face cyber attacks that are growing in frequency and sophistication.
PCI Council warns ATM operators as Windows XP deadline approaches
March 10, 2014 - Up to 95% of the world's ATMs could be left wide open to hackers next month when Microsoft ends tech support for the Windows XP operating system, the PCI Security Standards Council is warning.
Internet drives growth in European card fraud - ECB
February 25, 2014 - Card fraud in the Single euro payments area (Sepa) increased in 2012 for the first time in four years, hitting EUR1.33 billion, European Central Bank figures show.
Fraud losses on UK cards on the up
March 14, 2014 - Fraud losses on UK cards totalled £450.4 million in 2013, a 16% rise on the total in 2012 of £388.3 million.
Visa and MasterCard launch cross-industry effort to push US adoption of EMV
March 7, 2014 - In the wake of the Target data breach, rivals MasterCard and Visa have joined forces to create a cross-industry group that will push for greater payment security, beginning with the introduction of EMV chip technology in the US.
US state regulators investigate virtual currencies; Mt. Gox chief quits Bitcoin Foundation
February 24, 2014 - A collection of US state financial regulators has become the latest body to launch an investigation into bitcoin and other virtual currencies. Meanwhile, the boss of troubled exchange Mt. Gox has resigned from the board of the Bitcoin Foundation.
