Payment Security
EMVCo Expands Scope To Develop Tokenisation Specifications
January 16, 2014 - The global technical body EMVCo will expand its scope to lead the payments industry in its work to standardise payment tokenisation. The new specification will help provide the payments community with a consistent, secure and interoperable environment to make digital payments when using a mobile handset, tablet, personal computer or other smart device.
Foregenix releases Security Essentials to combat cyber attacks at the point-of-sale
January 15, 2014 - Following recent cyber-attacks and data leaks on retail giants Target and Neiman Marcus over the festive period, data security and forensics experts Foregenix have announced the launch of their latest data security solution that reduces the root cause of online fraud - Foregenix Security Essentials (FSE).
Target raises numbers hit by data breach from 40 million to 70 million
January 10, 2013 - US retailer Target says that up to 70 million customers may have had their card details compromised during a data breach incident in December, far more than the initial 40 million estimate.
Shift to e-payments saves Mexican government $1.2bn annually
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.
E-commerce platform Visualsoft taps Realex for PCI-compliant payments
January 14, 2014 - Realex Payments, an established e-retail payment service provider, and Visualsoft, an award winning ecommerce platform, have today announced a partnership that offers PCI compliant payment solutions for online retailers operating on the Visualsoft platform.
Financial technology crucial for Australian banks
January 7, 2014 - The next 20 years will see Australian banks turn towards innovative financial technology to offer support for customers embracing mobile banking and new payment methods.
Logic Group P2P encryption tech gets PCI SSC validation
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).
Vantiv partners AT&T on mobile payments
January 14, 2014 - AT&T and Vantiv, Inc., a leading provider of payment processing services and related technology solutions, announced today the availability of new payment products that deliver highly-secure, integrated and speedy on-the-spot mobile transactions to businesses of all sizes.
The Clearing House calls for 'safe evolution' of US payments system
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.
FireHost launches 'payment island' service for PCI DSS compliance in Europe
November 12, 2013 - FireHost, the secure cloud hosting company, has today announced the availability of its 'Payment Island' service in Europe.
Target confirms malware responsible for data theft and admits 110m impacted
January 13, 2014 - US retailer Target has confirmed that hackers infected its point-of-sale (PoS) terminals with malware to steal the details of millions of customers, with the latest estimate of the numbers' affected rising to 110 million.
Mobile payments increased 19.5% on Cyber Monday
December 3, 2013 - Cyber Monday saw millions of Americans turning to smartphones to access the bargains and deals provided by retailers.
PCI SSC publishes latest security standards
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).
