Security & Fraud

Mobile Commerce
Rising Mobile Commerce Fraud Costing Retailers
February 06, 2015

Mobile commerce fraud is costing retailers an average of 3 percent of their total revenues, and the faster m-commerce grows, the more fraud will cost, according to a study released Thursday (Feb. 5). Get the Full Story Complete the form to unlock this article and...

FBI Says Hack Attacks Easy to Prevent
February 05, 2015

At a point when data security and fraud protection are becoming more important issues for retailers after a recent spat of high profile data breaches and new hearings on the issue in Washington, FBI investigators have discovered that over 90 percent of the data breaches reported...

Home Depot Plaintiffs May Use Target’s Lead Counsel
February 05, 2015

Buoyed by the success of the Target data theft case back in 2013, the main counsels of that case will now be part of the plaintiff’s general counsel in the Home Depot multi-district litigation case regarding that company’s own experience with data hackers between April...

Samsung Galaxy S6 Will Ship With Mobile Payments
February 05, 2015

While largely seen as a major Android phone carrier, Samsung wants to be thought of more like Apple than like other phones, in that it wants to have its own built-in ecosystem that its consumers can come to use in their everyday lives. One way...

Company Spotlight
MasterCard Provides EMV Credit and Debit Cards to First Tech Credit Union
February 05, 2015

First Tech Federal Credit Union announced yesterday that it has entered a new agreement with MasterCard as its payment solution provider, according to a company release. MasterCard will offer “convenience, control and security” for First Tech’s more than 380,000 members, enabling the credit union to...

Dread Pirate Roberts Convicted
February 05, 2015

A federal jury has convicted the man they believe is the Dread Pirate Roberts — aka the mastermind and ringleader behind the Silk Road online illegal drug trade website that used bitcoins as its currency. Get the Full Story Complete the form to unlock this article...

MasterCard On Building the OS For Digital Commerce
February 05, 2015

MasterCard’s Masters of Code Hackathon Series officially kicks off today in Sydney, Australia, focusing first on mobile commerce innovation. Following Sydney, the Series will move to other parts of the world, encompassing themes like security, financial inclusion and commerce innovation. In a recent interview, Mario...

Card Thieves Hit Hotel Group Again — Just Before Tokenization Arrives
February 05, 2015

A group of franchised Marriott hotels appears to have been hit by a payment card breach for the second time in less than a year, Krebs on Security reported — and they did it just months before the hotels will install tokenization on the affected...

Target Taps Tesco Executive as CIO
February 04, 2015

Target has announced that former Tesco executive Mike McNamara will be assuming the role of executive vice president and CIO at Target, sources told Drug Store News. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...