LifeLock has pulled its mobile wallet after concerns surfaced that certain aspects of the app may not be fully compliant with payment card industry (PCI) security standards. The online security company has removed the app from the Apple, Google and Amazon app stores as a...
Several reports surfaced last week that reaffirmed what we’ve all suspected – rolling out EMV in the US is going to be a long slog that will optimistically take 5 years but more likely 10 to complete. That got MPD CEO Karen Webster to thinking,...
In their first public discussion with analysts since CEO Gregg Steinhafel stepped down suddenly two weeks ago, Target will be discussing its first quarter earnings report, scheduled to be released Wednesday. CFO John Mulligan is has taken over as interim CEO and will be discussing the company’s...
According to new research by the McCann ad agency, the consumers of the world have caught on to the retailers trying to track their behavior in an attempt to market to them more effectively. The study also indicates that while consumers don’t seem to be...
Shahin Abdollahi, a former Subway franchise owner has reportedly admitted to hacking point-of-sale terminals at the sandwich chain from remote locations. He used his access to top off gift cards to the–stealing around $40,000 all told. Get the Full Story Complete the form to unlock...
According to the 2014 Unisys Security Index 59 percent of U.S. consumers are “extremely” or “very” concerned about having their card data stolen, which represents a 7 percent increase over 2013. Of respondents, a clear 57 percent majority also expressed concerns about becoming the victim of identity theft. Get...
BillGaurd, a personal finance start-up, has announced twin launches this week. The company’s mobile app is now available for download for the first time for Android users and the company now provides a service that alerts customers when their card has been involved in a...
Shopping cart abandonment in an increasingly mobile world is the result of a the lengthy and often tedious check out process that consumers don't have the patience (or finger dexterity) to tackle. Payments and software-as-a-service company Jumio says it has cracked the code on this...
The Mexican loan calamity; wherein Citiigroup’s Mexican extension Banamex loaned $400 million to a company that could not pay them back, has thus far has been equal part expensive, embarrassing and generally damaging for the company. The scandal has now has claimed its next round of...
