Major consumer brands have struggled for years to control the massive grey market, where the brand’s goods are sold without authorization—and where the items sold may be counterfeit items of much lesser quality. This problem is especially challenging in much of the Asian E-Commerce space—and...
When it comes to fighting cybersecurity threats, there are many possible philosophies, but one school of thought says that if you can’t beat ‘em, it’s time to consider paying them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Amsterdam-based Gemalto has moved to improve and expand its data security protection offerings through the acquisition of Maryland-based SafeNet. 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...
In an ideal security world (an oxymoron, admittedly), vendors do not confirm or even acknowledge security holes until they have been fixed. Why encourage the bad guys any more than is necessary? Indeed, the hole that exists after a bug has been discovered and publicized...
One of the challenges for payment card security professionals is that, very often, these thieves are professionals who are highly trained, have substantial operating budgets and are very intelligent. This is not a story about one of them. This is a story about a woman...
Visa wants to help fuel dealers combat fraud at self-service fuel pumps through the power of analytics data. With Visa Transaction Advisor (VTA), merchants can access risk scores in realtime and identify those that may be coming care of stolen, lost or counterfeit cards. According...
In what some are taking as yet another sign that Facebook is preparing to make a big e-commerce push, Facebook has announced it has acquired Palo Alto-based secure server tech company PrivateCore, a Palo Alto-based secure server technology company. Facebook plans to incorporate PrivateCore’s technology...
As PYMNTS.comreported recently, the Federal Reserve for the first time in its triennial payments study collected data related to payments fraud. It recently published the full report, a 192-page document loaded with data. What the discussion on fraud in the full report suggests is: Why...
TSYS published a white paper yesterday titled "Opportunity Knocks: How Card Issuers Can Address Consumers' Concerns Around Payment Security," following the results of the 2014 TSYS Consumer Awareness Data Security Study, according to a company release. The report examines how consumers' sentiments are changing around...
