News

“Destover” Malware Results from Sony Hack
December 11, 2014

Since the massive hack on Sony Pictures in November, Kaspersky Labs revealed that the malware”Destover,” is using a stolen digital certificate from Sony to possibly attack other computer systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
Researchers Find Security Holes On Alibaba’s Marketplace
December 11, 2014

A security hole in Alibaba’s international marketplace AliExpress could have let attackers hijack merchants’ online shops, an Israeli security research company said Wednesday (Dec. 10). Alibaba said it has now fixed the problem, Reuters reported. Get the Full Story Complete the form to unlock this...

Alternative Finances
Dwolla Joins Microsoft For Government Payments Pitch
December 11, 2014

Payments startup Dwolla is getting in on the ground floor with Microsoft’s government-by-cloud initiative, the company said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

News
Quick-Change Passwords Arrive
December 11, 2014

With never-ending security breaches that expose payment-card data — or expose password files that will let attackers log in and steal payment data that way — two password managers have added automatic password-change features within hours of each other, according to TechCrunch. Get the Full...

Mobile Commerce
PayPal Pushes Password-less Payments
December 11, 2014

PayPal will be pushing hard to advance password-free authentication now that a complete version of the Fast Identity Online (FIDO) specifications have been published, the company said in a blog post on Wednesday (Dec. 10). Get the Full Story Complete the form to unlock this...

News
Another Payments Provider Hit With A Breach
December 11, 2014

Payments vendor Charge Anywhere has confirmed a data breach that may have exposed payment card numbers dating back to late 2009, Bank Info Security reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Big Banks Like NACHA’S Same-Day Plans
December 11, 2014

NACHA’s new proposal for same-day ACH payments got a warm reception Tuesday (Dec. 9) from the big banks that helped kill a similar proposal in 2012, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Merchant Innovation
Citi Worked With Apple And IBM On Bank Enterprise Suite
December 11, 2014

In the latest attempt at an IBM-Apple product marriage, the two companies on Wednesday (Dec. 10) unveiled IBM MobileFirst, an iOS enterprise app package that, according to a statement issued by the two firms, “bring IBM’s big data and analytics capabilities to iPhone and iPad...

With No IPO/Acquisition Plans, Square Free To Operate Very Differently
December 11, 2014

Jack Dorsey, the founder of both Twitter and Square, rebels against the Wall Street quarter-to-quarter mindset and plans to keep investing in Square until he sees fit to shift it to profitability. In an interview with the New York Times, Dorsey bridled when asked about...