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Payment Security

September 19, 2013 - In the weeks and months leading up to the 1 February, 2014 end date for Single Euro Payments Area (SEPA) compliance, much attention is being paid to how the effort to mandate efficiency in euro payments will affect banks and corporates across the 28-country zone.

September 18, 2013 - Misys and SWIFT have signed a partnership agreement which will see Misys increase the usage of SWIFTRef reference data across its entire banking application product portfolio. Under the agreement, Misys will receive greater access to SWIFTRef data to enhance its global banking and payments offerings, as well as support testing of its software solutions. SWIFT will also provide access to its in-house experts to assist with the testing and enhancement of solutions that utilise SWIFTRef data.

May 23, 2013 - Chase Paymentech Europe, a subsidiary of JPMorgan Chase Bank, N.A. and leading global merchant acquirer and payment processor, today launched Dynamic Hosted Payments Page, a technology that helps European online merchants improve security.

April 16, 2013 - American supermarket chain Schnucks says that around 2.4 million cards may have been compromised by a data breach which saw crooks install malware on its systems.

August 29, 2013 - Provider of integrated telecommunications solutions, BullsEye, today launches its new Payment Card Industry Data Security Standard (PCI DSS)-enablement solution in partnership with Mako Networks, a world leader in PCI DSS compliance and network security management.

May 21, 2013 - Logicalis, the international IT solutions and managed services provider, today announced that it has met a set of PCI DSS compliance standards for its multi-tenanted Infrastructure-as-a-Service platform, enabling UK customers to confidently adopt its cloud and data centre services as part of their wider PCI DSS compliance programmes.

March 26, 2013 - The UK government is preparing to bring in a utility-style regulator for retail payment systems, putting an end to the current practice of industry self-policing.

July 30, 2013 - Barclaycard, a leading global payments business, announces that it has partnered with Sysnet Global Solutions, a leading provider of payment card industry compliance services specialising in PCI DSS compliance validation and merchant intelligence solutions, to provide PCI DSS compliance validation services to its UK based merchant customers.

May 16, 2013 - The Anti-Phishing Working Group is calling for a global, co-ordinated response to the threat posed by mobile malware and an emerging underground criminal marketplace lured by an expansion in m-payments and banking.

March 12, 2013 - US retailer Genesco is suing Visa to recover more than £13 million in penalties it was hit with for a 2010 data breach.

July 19, 2013 - According to a recent best practice guide on 'How to Ensure PCI DSS Compliance' released by call recording specialists Business Systems, there is still a lot of confusion in the market about the implications for PCI compliance when recording calls.

April 23, 2013 - One year on after introducing new Tiering Criteria, Chaps (which processes real-time, high value, guaranteed sterling payments), has reviewed how the changes have reduced risks within this key payment system, which is critical to the economic infrastructure.

February 1, 2013 - It is now exactly one year to go until banks, businesses and every other organisation across Europe has to migrate to the single euro payments area (SEPA) harmonised payment standards, yet only 30% of credit transfers and 2% of direct debits are currently SEPA-compliant, says a new survey from Experian.

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