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Payment Security

December 5, 2013 - The Clearing House (TCH) today issued a working paper entitled U.S. Payment System: Recommendations for Safe Evolution and Future Improvements that offers recommendations on how best to evolve the existing payments system.

December 3, 2013 - Cyber Monday saw millions of Americans turning to smartphones to access the bargains and deals provided by retailers.

November 7, 2013 - Today the PCI Security Standards Council (PCI SSC), an open, global forum for the development of payment card security standards, published version 3.0 of the PCI Data Security Standard (PCI DSS) and Payment Application Data Security Standard (PA-DSS).

November 1, 2013 - European consumers have made 211 million contactless purchases in the last 12 months (August 2012 to July 2013), according to figures released today from Visa Europe.

December 3, 2013 - The Mexican Government is saving an estimated MXN $17 billion (US$1.27 billion) per year thanks to a concerted and well-planned shift to electronic distribution of many government payrolls, pensions and social benefits, according to a study released by The Better Than Cash Alliance.

November 5, 2013 - The rise of mobile payments is increasing at a pace at the moment and new research from EMS+ has indicated that more small firms are planning to offer the service to customers.

October 31, 2013 - The security of contactless payment cards has again been called into question after researchers claimed to be able to pick up NFC data from as far away as 80 centimetres.

November 21, 2013 - The Logic Group, UK's leading Payment Service Provider, today announced that Solve DataShield, its Point to Point Encryption (P2PE) solution, is the first in the UK to achieve validation by the Payments Card Industry Security Standards Council (PCI SSC).

November 5, 2013 - Verizon Enterprise Solutions has added Point-to-Point Encryption certification to its extensive list of Payment Card Industry Data Security Standards qualifications.

October 10, 2013 - Mako Networks, a world leader in simple, secure, cloud-managed networks, and Blackthorn Technologies Ltd, a leading provider of governance, risk and compliance software solutions and advisory services, today announced a new partnership designed to simplify compliance with the Payment Card Industry Data Security Standard (PCI DSS).

November 12, 2013 - FireHost, the secure cloud hosting company, has today announced the availability of its 'Payment Island' service in Europe.

November 1, 2013 - Google has found a way to circumvent carrier restrictions on its mobile wallet by introducing support for Host Card Emulation in the latest version of its Android operating system, effectively removing the need for access to the telco-controlled Secure Element.

October 10, 2013 - Card data breaches have resulted in financial losses and sometimes business failure for merchants and service providers that have been inept in protecting IT systems and business processes.

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