Consumers might need a bit of protection from the Consumer Financial Protection Bureau, as the Government Accountability Office reported Monday (Sept. 22) that not only does the CFPB have access to more than 600 million payment card records but “the CFPB lacks a consistent plan...
Benjamin Lawsky, the New York State Department of Financial Services chief, has decided he needs to shake things up a little if he wants financial executives to take cyber attacks seriously. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Citi wants to get innovative about getting innovators to innovate, so it’s invoking a competition. It wants developers to push the creativity limit for new mobile and banking apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
MasterCard is preparing some October liability changes, including one that increase PIN protections. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The European Union Council of Ministers is preparing to toughen the rules for all mobile and digital payments, according to a report in Computing.co.uk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Is a vague comment from the CEO of SoftCard (formerly ISIS, the AT&T, Verizon and T-Mobile mobile payment effort) that his group is “actively working with Apple” to be permitted onto the iPhone in 2015 “using integrated secure SIM-based hardware” an indication of a future...
The Dallas-based high-end Neiman Marcus chain has paid about €150 million to take over Germany E-Commerce site MYTheresa.com, along with the E-Commerce operation’s flagship store in Munich. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Did Home Depot’s IT operation ignore—for years—internal warnings that it’s security was inadequate? A New York Times report, quoting various former employees of the home improvement chain, says that it did. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
MasterCard is labeling “successful” a biometrics payments trial (facial plus voice) where more than 14,000 transactions were confirmed in a closed iOS and Android pilot using only MasterCard employees, according to a Computerworld report. Get the Full Story Complete the form to unlock this article...
