PCI Council Chief Bob Russo expects EMV to help security in the longterm. In the short term? Not so much. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Mobile and EMV? Mobile or EMV? Those are the questions. On Thursday, October 23rd at 11:00 AM EST, MPD CEO Karen Webster will host a live digital discussion with Dave Ewald, Global EMV Consultant and Manager at DataCard, Philippe Benitez, VP of Business Development at...
For the second time, Accel Partners and Balderton Capital have stayed silent about what went wrong with the the payday loans company Wonga, according to an article by techcrunch.com on Monday (Oct. 20). This time, however, the cone of silence was made publicly on stage among a panel of...
Discover CEO David Nelms declared late Tuesday (Oct. 21) that his brand–the largest of the card brands to not join Apple Pay–will indeed soon be an Apple Pay partner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
British banking authorities are pressuring the Bank of England to offer far more details about its ten-hour breakdown on Monday (Oct. 20) of the UK’s high value payments system, CHAPS, Finextra is reporting. Get the Full Story Complete the form to unlock this article and...
As the industry tries and reacts to the massive cyber attack inflicted on JPMorgan Chase, federal and state authorities are pushing banks and brokerage firms to close some gaping holes in their defenses, the New York Times is reporting. Get the Full Story Complete the...
Apple Pay’s decision to use tokens has some fringe benefits beyond allowing retailers to get money without storing payment credentials. Like many token efforts, because Apple Pay is not storing the payment credentials, the Wall Street Journal points out, it can avoid a lot of...
Jumio, a company that tried to make mobile payment easier by using the phone’s camera to sidestep manual data entry, on Tuesday (Oct. 21) introduced Bam Checkout, which the company is hoping will counter Apple Pay, according to TechCrunch. The new twist is allowing users...
Amidst reports that a series of man-in-the-middle-attacks has been launched against Apple’s iCloud in China—one report specified that agents working for the government of China were deeply involved—Apple has posted a security document warning consumers and offering practical tips on how to avoid being victimized....
