Security & Fraud

Company Spotlight
EMV-friendly Retailers Predicted To Increase 650 Percent In 2015
January 21, 2015

A  recent survey from technology consultancy Boston Retail Partners shows that businesses that accept EMV payments will increase 650 percent by October 2015 — the date that the shift in liability to merchants who do not enable EMV technology will take place. Get the Full Story Complete...

Merchant Innovation
The Four mPOS Solution Essentials
January 20, 2015

Nearly a third of merchants who participated in a recent survey believe mPOS to be riskier than standard e-commerce offerings. As more merchants march onward to replace their POS systems with mobile solutions, unprotected data is providing a slew of opportunities for malware to damage...

Startup HelloSoda Hopes to Use Data to Predict Credit Fraud Before It Happens
January 19, 2015

As more transactions become digitized every month, either through the traditional swiping of credit cards of through more advanced payment methods like ApplePay, the risks of online fraud and damaged credit ratings become more pronounced. Currently, online fraud costs the economy over $190 billion a...

Samsung to Fix Glitchy Fingerprint Scanner
January 19, 2015

An old saying goes that imitation is the sincerest form of flattery, but that saying may not be as true for technology. Unable to actually copy Apple’s Touch ID without incurring huge legal costs, Samsung decided to try and make as close to a carbon...

News
Hiring Hackers Just Got A Whole Lot Easier
January 19, 2015

Think your significant other is cheating on you? Don’t want your parents to know you actually flunked English? There’s a hacker waiting for you. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
US And UK Will Stage Cyber Attacks Against Banks
January 19, 2015

The U.S. and U.K. will hold joint “cyber wargames” to improve cooperation between the two countries. But President Barack Obama stopped short of endorsing British Prime Minister David Cameron’s campaign to outlaw encryption for phones and email that law enforcement wouldn’t be able to penetrate,...

Are Payment-Card Breaches Already Being Reported In 30 Days?
January 19, 2015

Are businesses that suffer payment-card breaches already reacting to last week’s push by the White House to speed up disclosures? For the third time in the past week, a notable breach has been publicly disclosed within 30 days. Get the Full Story Complete the form...

News
Credit Union Regulator Will Pay For Losing Audit Data
January 19, 2015

Three months after examiners from the National Credit Union Administration lost a thumb drive containing names and account numbers of a credit union’s members during an audit, the federal regulator said it will reimburse the credit union for its costs in the breach, Bank Info...

Unmasking Dread Pirate Roberts — The Bitcoin Edition
January 17, 2015

If only Piper Chapman’s girlfriend, the protagonist in the Netflix series, “Orange is The New Black,” knew the alleged Dread Pirate Roberts and his Libertarian bitcoin Web project, Silk Road, maybe she wouldn’t have had to ask Piper to carry the suitcase full of drug money...