The world’s most popular web-based Bitcoin wallet service, Blockchain.info, suffered a security lapse during a software update that affected hundreds of users, the service said in a blog post on Monday (Dec. 8). Get the Full Story Complete the form to unlock this article and...
Banks must—legally—view cyber security as a key part of risk management, said New York’s top banking regulator, according to a copy of a letter he sent to banks that have a New York state charter or license, the Financial Times is reporting. Get the Full...
As systems get secure, the biggest fear of many end-users is that they will be inadvertently locked out. The lack of human override capability can be frightening. Into this fray enters Apple and a recovery key hole created by the Apple ID two-factor authentication. Get...
Dynamics, a 200-employee card technology company based near Pittsburgh, has captured a $70 million investment from a group that includes MasterCard, according to a report in the Pittsburgh Tribune-Review. What makes Dynamics interesting, company execs said, are the security enhancements they are creating for payment...
How long can we go without our phones? That's tough to answer considering our phones have become us. Mobile devices can be a user’s identity, their payment device and in many cases their wallet. On Wednesday, December 17 at 1 pm EST, Doc Vaidhyanathan, VP...
With an eye on in-store, in-app, online and P2P payments, Belgium’s largest banks are backing a QR code-based mobile payments app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Russia’s National System Of Payment Cards (NSPC) will materialize and start accepting payments in mid-December, according to a report Monday (Dec. 8) in a prominent Russian business newspaper, the Vedomosti. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Paul Shin Devine, a former Apple global supply manager, has been sentenced in a San Jose federal court. Devine was convicted of wire fraud, conspiracy and money laundering in relation to selling Apple iPhone and component secrets nearly three years ago. Devine reportedly made millions...
It’s long been common practice for cyberthieves to test stolen cards online, often with a tiny charge on a charity site, to quickly determine which have been shut down and which are still valid. But the latest tactic involves ordering pizzas from Domino’s—OK, so food...
