Former NBA player Rex Chapman learned the hard way that sometimes a career change into criminality is more difficult than the television show Breaking Bad would lead one to believe. Chapman was arrested on nine counts of organized retail theft and five counts of trafficking...
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...
In the wake of the launch of Apple Pay, MasterCard announced that it recently held a closed pilot to understand the consumer experience around voice and facial recognition, according to a company blog post by Ajay Bhalla, President, Enterprise Safety and Security at MasterCard.
PAX Global Technology Limited, which makes a popular NFC terminal. has embraced Apple Pay. 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...
Securities fraud charges may be leveled at Western Union if an SEC investigation confirms reports that the world’s largest money-transfer company misled potential investors about how much revenue it expected from its digital unit. Get the Full Story Complete the form to unlock this article...
Samsung and Alipay are partnering on payment biometric authentication, rolling out what the pair calls the first Fast Identification Online (FIDO) ready system in the Far East. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
There’s little debate that Apple Pay is going to sharply boost mobile payment security. After all, replacing signature or a 4-digit shoulder-surfing-vulnerable PIN with a biometric authentication is a big step in the right direction. No authentication system is perfect, but being more secure than...
Home Depot’s data breach officially stole data from more than 56 million payment cards during a five-month assault. Based on the latest data released from both Home Depot and Target, that number has the Home Depot breach impacting 40 percent more cards than the 40...
Payment-card fraud keeps rising — and the costs are rising even faster according to the recently released 2014 LexisNexis True Cost of Fraud study, eCommerceBytes reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
