Payment Security
US banks going full-tilt for EMV in wake of Target breach
June 26, 2014 - Spurred on by the fall-out from last year's Target data breach, 86% of US financial institutions plan to begin issuing EMV-based chip cards within the next two years, according to the annual debit issuer report from Pulse.
Aeon Bank first in Japan to install EMV-compliant ATMs
June 26, 2014 - MasterCard today announced that it has certified AEON Bank, Ltd., a subsidiary of AEON Financial Service Co., Ltd., as the first financial institution in Japan to deploy ATMs that support EMV chip card transactions.
UK payments industry prepares for new watchdog
June 16, 2014 - The UK will get a new payments regulator next year, while the industry is busy working on its own 'roadmap'. Finextra spoke to key players from both sides about how they will work with each other.
UK card spending tops £0.5 trillion in 2013
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.
Cybercrooks steal EUR500,000 from European bank
June 25, 2014 - Cybercrooks used a Trojan to steal more than EUR500,000 in just one week from the customers of a European bank, says security firm Kaspersky Lab.
Kalixa CEO Ed Chandler voted most influential person in payments 2014
June 13, 2014 - Ed Chandler, CEO of Kalixa, has today been voted the most influential person in the European payments sector, building on his third place from last year. The Payments Power 10 is organised by leading industry event PayExpo 2014 and recognises the ten most influential figures in the European payment industry. The shortlist is an elite group of payments leaders that includes executives from Google, MasterCard and Vocalink.
Russia frees jailed card exec to build national payment system - report
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.
RisePay to integrate Spindle payment aggregation technology into gateway platform
June 23, 2014 - Spindle, Inc., (OTCQB: SPDL), a leading provider of mobile commerce solutions, announced it has signed a strategic agreement with RisePay, a developer of payment gateway systems for small businesses, service providers and mobile vendors.
PCI Security Standards Council calls for password security ambassadors
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.
AmEx writes to customers after Anonymous dumps card data
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.
Ditch legal tender to unleash bitcoin - think tank
June 18, 2014 - The concept of legal tender should be abolished and private money should enjoy a level playing field that enables the likes of bitcoin to compete with state-backed currencies, a new think tank report suggests.
US restaurant chain PF Chang's investigates possible data breach
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.
Bitcoin to have 'profound' impact on trust-based markets - Wedbush analysts
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.
