With the release of the iOS 8 yesterday came the launch of the first major bug in iOS 8. An email from customer service sent from Pay Simple yesterday alerted users that there is a widespread functionality problem in iOS8 that makes swiping credit cards...
The specs of the new mobile operating system release from Apple Wednesday (Sept. 17) disclose 53 security vulnerabilities—all supposedly fixed—including some that would have allowed “an attacker to execute code on the device with root privileges,” ZDNet is reporting. Get the Full Story Complete the...
News about recent cyber attacks, especially on some of the biggest FIs boasting “rock-solid” security, has been nothing short of unsettling. Revathi Subramanian, Senior Vice President, Data Science at CA Technologies, recently sat down with MPD CEO Karen Webster to talk about why these attacks...
Retailers are dealing with a “tripod” situation, says Rahul Mutha, CEO of Aurus Inc. The challenges of addressing EMV, breaches and the changing demands of their customers create a complex environment for retailers to both understand and navigate. But this is something that Mutha and...
NFC is not quite the method of mobile payments most users are most familiar. That honor still goes to the QR code or barcode which 45 percent of reported mobile users said they had experienced at least once, according to the latest report by Nielsen,...
Analyst firm Gartner has issued a report predicting that 75 percent of mobile apps, by next year, will flunk even most rudimentary of security requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Chinese Academy of Sciences has endorsed an E-Commerce biometric authentication program based on the shopper transmitting a selfie. Dubbed “face swapping,” officials described a system that “can detect a face in only a few seconds and the accuracy rate is 99.8 percent. According to...
Regardless of Apple Pay’s long run success, we’ve all just witnessed an inflection point in payments – a point in time after which nothing will ever be the same. What happens over the next three to five years will likely decide the direction of payments...
There is a school of thought that says a little destruction is not a bad thing, as such clearings brought on by destruction often offers human creativity the opportunity to flourish while solving a problem. If ones creative mind is bent toward solving security problems,...
