The payments industry lost more than $11 billion to fraud in 2012, and that figure is only expected to rise as fraud migrates to less secure channels in the wake of EMV adoption in the U.S. But the figure that we don’t know, the far...
Mississippi-based payment fraud prevention specialist SecureBuy has announced plans to donate access to its SecureBuy 2.0, 3-D Secure MPI to online retailers through a 10-year royalty-free license, a press release revealed on November 19. Best known as Verified by Visa, MasterCard SecureCode and American Express...
INSIDE Secure, based in France, announced yesterday that it will offer “security hardware, software and payments industry expertise” to mobile commerce platform provider Loop, according to an INSIDE Secure press release. INSIDE Secure’s VaultSEcure element will allow Loop to use payment card data storage for...
Familiarity breeds trust, it seems, especially when it comes to mobile payments. By now, everyone and his mother-in-law has seen last week’s survey results touting Visa, MasterCard and AmEx as the top three trusted brands when it comes to mobile payments, with PayPal posting a...
Editor’s Note In the world today, few topics are more talked about and less understood than “cyber security.” Almost daily, it seems, we hear of another threat to the computer systems that support and control the world’s critical infrastructure. Attacks on government and industry...