Kroger Co. is suing Visa Inc. over EMV PIN debit-card transactions, claiming that the card network threatened them with increased fees and eliminating debit acceptance capacity in-store, if the nation’s largest grocer refused to abide by Visa’s stated EMV rules. Get the Full Story Complete the...
Do hacked retailers owe consumers compensation when their credit card data is hack? Such is the question increasingly emerging as more and more customer data is going up on the block via various hacks, though thus far the answer has mostly been “no.” Get the...
Reducing bank risk is, well, a risky business. Complex and costly – at least that’s the perception. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
The U.S. filed criminal charges against a man accused of hacking into the bank and credit card accounts of celebrities from February 2012 to January 2015. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Usually, successful companies will retain the services of a public relations firm to deal with the fallout of a product recall or some negative news coverage. Last week, though, Alibaba found out that, sometimes, what’s in need of damage control is your own CEO. Get...
There’s a common misconception about data thieves that because their chosen methods are perceived to be high-tech, their behaviors will always be similarly sophisticated as well. However, much like breaking and entering in the real world, hackers are always going to take the path of...
Global technical body EMVCo has released its updated report on the number of EMV chip payment cards, saying that the figure has increased 1.4 billion in a year’s time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Cloud cybersecurity provider SecurityScorecard announced on Thursday (June 23) that it locked down $20 million in Series B funding. The financing round was led by GV (formerly Google Ventures) with participation from existing investors, the company said in a statement. Get the Full Story Complete...
“Quick Chip” seems to be the trendiest phrase in the financial services industry when it comes to EMV migration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
