After the Home Depot breach of some 56 million pieces of card data, it was only a matter of time before it would deliver the fraudulent purchases that fund such an attack. That time has now arrived with bad purchases now “rippling across financial institutions...
In the U.S., Costco is one of those extremely rare retailers who accepts American Express and does not accept either Visa or MasterCard. That exclusive club just got more exclusive, as Costco Canada abruptly severed its relationship with Amex. Get the Full Story Complete the...
There’s little debate that Apple Pay is going to sharply boost mobile payment security. After all, replacing signature or a 4-digit shoulder-surfing-vulnerable PIN with a biometric authentication is a big step in the right direction. No authentication system is perfect, but being more secure than...
Amex is pushing a two-day event looking at creative ways e-tailers have successfully entered physical retail 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 daily...
On the one hand, Apple and PayPal have been partners for almost a decade, notes ReadWrite, going all of the way to the early iTunes Music Store days. But given that PayPal has been actively pushing its own mobile payment app as a retail in-store...
To a degree that would likely shock an outsider, the payments industry loves a thrill. 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 daily newsletter,...
A Russian national has been indicted for a series of cyber attacks against financial institutions (including Chase Bank, Capital One, Citibank and the Boeing Employees’ Credit Union) and retail POS in the U.S., as well as for running various carding forums that resold payment card...
Amazon on Wednesday (Aug. 13) introduced its own mPOS package—to be called Amazon Local Register—and focused on the tune it knows that SMB retailers want to hear: lower merchant fees than Square and PayPal Here. Get the Full Story Complete the form to unlock this article and...
Retail leaders’ efforts to come together in the fight against cybercrime took a new turn recently with the formation of a sharing center to pool their knowledge. Their efforts were bolstered by three government agencies who have an interest in keeping a lid on cybercrime....
