Security & Fraud

Delaware Wants to Digitize Driver’s Licenses
January 30, 2015

As smartphones increasingly become like digital wallets with the rollout of features like Apple Pay and online identification becoming more common, it is only a matter of time before people become confident enough to put more sensitive information on their phones beyond just bank cards....

Industry Experts, Card Issuers Push Congress on Cyber Info Sharing Laws
January 30, 2015

In an effort to prevent future data breaches on the scale seen over the last few years, cyber-security experts, along with card issuers like MasterCard and American Express, have gone to Washington in the hopes of drumming up support for legislation to make sharing information...

Marriott Fixes Android App Issue After Security Concerns Raised
January 29, 2015

Hotel chain Marriott has fixed a problem with its Android app-based reservation system that might have inadvertently exposed personal data to potential hackers, SC Magazine reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

EMV Transition Progressing Nicely Says MasterCard
January 29, 2015

As the liability shift creeps closer (245 days as of the writing of this article) in the U.S., the migration to EMV is progressing well, according to MasterCard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Fraud-Fighting Credit Card Startup Final Raises $1M In Seed Money
January 28, 2015

This October, the United States will hopefully be fully converted to EMV card security, a system designed to combat fraud and identity theft, which has hit major chains like Target as of the last few years. A group of people who were victims of that...

FTC Report on Internet of Things Highlights Security Risks
January 28, 2015

The staff of the Federal Trade Commission issued a report yesterday (Jan. 27) on the Internet of Things, naming security as its top priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

A Merchant’s Step-By-Step Guide To EMV Implementation
January 28, 2015

The occurrence of several major data breaches last year stirred anxiety among cardholder security stakeholders. That, of course, has led to a significant push toward EMV enablement and additional layered security approaches across the U.S. In a new whitepaper, Moneris Solutions unveils a step-by-step guide...

Mobile Commerce
Colu Gets $2.5M To Use The Blockchain For Everything
January 28, 2015

Colu, a startup that wants to put Bitcoin’s blockchain to work tracking other kinds of transactions, has raised $2.5 million to do just that, TechCrunch reported on Tuesday (Jan. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
Lawmakers Are Optimistic About Finally Passing A Data Breach Law
January 28, 2015

Congressional lawmakers from both parties said they were optimistic that they can pass federal data-breach notification legislation after a hearing on Tuesday (Jam. 27), The Hill reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...