Security & Fraud

MiiCard’s $21 Billion Dollar Solution
April 24, 2014

There is no one in the financial services industry that likes identity theft, but after 20 years of watching it climb consistently upward annually, a certain level of acceptance has set in.  Fish have swim, birds have fly and fraudsters have to steal consumers identities,...

Mobile Commerce
Massachusetts Bill Would Require Added ATM Security Measures
April 24, 2014

A state lawmaker in Massachusetts reportedly has introduced a bill that would require banks to install added security measures at their ATMs, and representatives for both the ATM and banking industries are fighting it. Get the Full Story Complete the form to unlock this article...

News
Heartbleed keeps bleeding
April 24, 2014

Hackers are taking advantage of the Heartbleed situation. Customers’ session tokens remain vulnerable allowing hackers to masquerade as a legitimate authenticated user. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Merchant Innovation
Beacondo Plans to Simplify iBeacon Integration for Mobile Apps
April 24, 2014

Beacondo is free for anyone to use and will provide a simpler way to create iBeacon-supported apps.

News
Retailers Continue to Spend Billions on Data Security
April 24, 2014

The National Retail Federation testified before a field hearing of the House Homeland Security Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies.

Hmmm
Charles Duhigg And Creating Rewards That Are Actually Rewarding
April 23, 2014

Pop Quiz, how many rewards program are you a member of right now? If your answer is in the family of “ummm, I don’t know, a lot?” then according to New York Times Reporter and best-selling author Charles Duhigg, those rewards programs are failing both...

Merchant Innovation
Samsung’s Next Generation Fingerprinting Innovation
April 23, 2014

Fingerprint-based identification has had a bumpy road to adoption. It is popular with the right people: Apple incorporated a touch-based fingerprint scanner into the iPhone 5s and Samsung recently release the Galaxy S5 with a much touted fingerprint scanner. Get the Full Story Complete the...

News
Hackers Targeting POS And Web Apps
April 23, 2014

According to a Verizon’s annual report on data breach investigations, hackers in 2013 were particularly invested in Web application attacks, cyber-espionage and point-of-sale intrusions.  Finance suffered the most at the hands of cyber-criminals and was the victim of 465 separate reported breach incidents. Get the Full...

Mobile Commerce
PayPal Rethinks NFC to Enhance Security
April 23, 2014

The company isn't planning on any initiatives anytime soon, however, the company president does believe that they are becoming less skeptic about NFC.