Lawsuits are piling up over the data breach at Anthem, the second-largest U.S. health insurer, that exposed personal data about 80 million individuals. The latest was filed on Wednesday (Feb. 18) in Denver, the Denver Post reported. Get the Full Story Complete the form to...
The Swedish mastermind behind malicious software that was used to steal payment card data and passwords from thousands of computers pleaded guilty in a U.S. federal court on Wednesday (Feb. 18), Bloomberg News reported. Get the Full Story Complete the form to unlock this article...
Google announced on Feb. 16 that it will be terminating its Kenyan cashless payment program BebaPay on March 15, in a move that is being described as a quiet retreat from the payments space. Get the Full Story Complete the form to unlock this article...
The federal government has opened up its pay portal, pay.gov, to the digital wallets from PayPal and Dwolla. This announcement follows a federal move to accept Apple Pay for many transactions with the federal government, such as at national parks, starting in September. Both are...
A Russian hacker who allegedly masterminded cyberattacks in the U.S. that netted 160 million credit and debit card numbers has finally seen the inside of a U.S. courtroom, according to Bank Info Security. Get the Full Story Complete the form to unlock this article and...
Nearly 95 percent of payment terminals in Western Europe accept EMV cards. In the U.S., however, just 14 percent of the 11.8 million operating terminals are EMV compatible, putting the nation in last place for EMV adoption and at the greatest risk for fraud. On...
Less than half a year into Apple Pay’s lifespan, the company has already filed a patent for Apple Pay 2.0 with the United States Patent and Trademark Office. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
For retailers and card issuers, the push to switch over to EMV and tokenized payments can’t come fast enough, as 2014 saw a spike in the total costs of fraudulent purchases among U.S. retailers, according to a LexisNexis study. One troubling development from the fraud study...
Real-time is the reality of payments and underpins everything from how and when funds are sent and received to how cards are replaced if lost are stolen. In response, Entrust Datacard VP, Ray Wizbowski, says bank branches are now honing in on instant card issuance...
