Digital security solutions provider Oberthur Technologies (OT) announced today that it has signed an agreement to acquire NagraID Security SA, according to an Oberthur release.
Thirty-two percent of merchants see mobile as riskier than standard e-commerce, up from 24 percent last year, recent statistics show. As retail foot traffic steadily declines and more consumers make purchases via mobile device, online fraud is quickly becoming a standard practice – and presumably...
EBay has been in talks to accept Bitcoin through its Braintree unit, according to a report Thursday (Aug. 14) in The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A cyberthief attack has hit the Supervalu grocery chain’s card-processing network, impacting potentially 1,000 stores and stealing card numbers, expiration dates and other data . Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Lookout, a San Francisco security app, has just taken in $150 million in new funding in a new round led by T. Rowe Price. Also joining in the round were Goldman Sachs, Morgan Stanley Investment Management, and Amazon’s Jeff Bezos’ Bezos Expeditions. Previous investors have...
Worried about new age cab competitor Uber, a group of taxi firms in India are trying a creative legal attack on Uber and it all revolves around payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A Tennessee bank is being sued by a corporate customer following a $327,000 cyberheist involving the company’s payroll. The twist is that the bank is accused of bypassing its own security procedure—involving a recorded phonecall from the bank to the customer confirming large transfers—a move...
Russia’s Central Bank is preparing to abandon its deadline for MasterCard and Visa to pay transaction security deposits because neither has yet selected a partner to process cards in Russia next year, according to a report Thursday (Aug. 14) in Russian business daily Vedomosti. Get...
More than 575 million U.S. payment cards will include EMV chips by the end of next year, according to a statement issued jointly from Visa and MasterCard on Wednesday (Aug. 13). That number is partially based on EMV shipment plans from nine key card issuers:...