Payment Security
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.
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.
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.
U.S. Bank trials voice biometrics security
February 13, 2014 - Employees at U.S. Bank have begun a pilot of new software that utilises voice biometrics to allow consumers to access their credit card accounts on mobile devices.
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.
FIS Joins Forces with Microsoft to Advance Cybersecurity
February 12, 2014 - Underscoring its commitment to deliver information security excellence, FIS™ (NYSE: FIS), the world's largest provider of banking and payments technology, announces its selection by Microsoft as a partner in the fight against cybercrime. The global companies signed a partnership agreement today at Microsoft's Cybercrime Enforcement Summit in Redmond, Wash.
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.
Congress looking to Chip and PIN to fight security breaches
February 6, 2014 - US Congress is looking into the possibility of speeding up the rollout of Chip and PIN terminals in the US, and associated credit and debit card technology to combat the recent spate of security issues experienced by major retailers, such as Target.
