Secure payment-technology provider Bluefin announced today it became the first company in the U.S. to receive PCI validation for a point-to-point encryption (P2PE) solution. While the PCI Security Standards Council, which provided the validation, has been around for some time, no other company has achieved...
Even hackers get hacked sometimes. Unknown culprits on Monday shut down websites known to host credit card data stolen in the December data breach. “Hi subhumans and miscreants, your fraud site is gone now. Go away,” reads the first line of a message (http://blogs.wsj.com/digits/2014/03/17/with-credit-card-data-in-play-who-hacks-the-hackers/?mod=ST1) posted...
A 44-year-old man reportedly was in jail late last week accused of bilking more than 100 alleged victims in a fraudulent ATM-investment scheme. Michael Brendan Ferguson convinced the individuals to invest, allegedly bilking them out of $750,000, reports ATM Marketplace. The scheme ended when an...
Less than a week after striking a similar agreement with MasterCard, Fiserv on March 17 announced an agreement to make Visa’s common debit EMV solution available for the Accel debit network. Under the agreement, Fiserv will adopt Visa’s common debit solution, offering issuers, acquirers and...
In what may be indicative of legislation to come on a broader range nationally, lawmakers in Wisconsin this week reportedly will take up a bill approved in committee that would prevent school district officials from collecting biological information including fingerprints and retinal images from students. ...
Experiencing a data breach is a bad enough situation, but how consumers view the event can be just as damaging. As such, prevention plays a key role in securing consumer confidence, and just more than half of consumers put that responsibility squarely on merchants, new...
LoopPay, founded in 2013, is a provider of a mobile wallet solution that currently works for most existing retail locations. LoopPay Chief Technologist George Wallner sat down with MPD CEO Karen Webster to explain why he believes Loop is not only a technology breakthrough but...
In January, Feedzai launched in the U.S. a fraud-prevention solution available for omnichannel commerce. Founded by aerospace engineers and data scientists, the company provides a means by which merchants, processors and other organizations may use Big Data to anticipate and detect fraud earlier. In a...
MasterCard issuers will be able to choose and advance network relationships, and merchants will be able to continue to route transaction as desired without needing making significant technological upgrades, under a recent deal Fiserv Inc. struck with the card brand. Fiserv is making MasterCard’s U.S....
