Security & Fraud

Mobile
Hello Windows: Microsoft Officially Unveils Its Biometric ID
March 18, 2015

It’s official: Windows 10 will let users log in using facial recognition, an iris scan or a fingerprint, Microsoft announced on Tuesday (March 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

News
Retailers To Senators: Don’t Hit Us With Bank-Style Security Rules
March 18, 2015

Banking data-security regulations would be a “poor fit” for retailers and other businesses that accept payment cards, the National Retail Federation said in a letter to a group of U.S. senators, according to The Hill. Get the Full Story Complete the form to unlock this...

News
FICO: Industry Needs More Data To Stop Cybercrime
March 18, 2015

As lawmakers consider measures for fighting payment data breaches, they need to consult with the people who are already in the fraud-fighting loop — and make sure they get the data they need, according to FICO VP of product management Doug Clare in a post...

Mobile Commerce
Blame Shifting Ensues Over Apple Pay Fraud Issue
March 17, 2015

About two weeks ago, reports began to emerge that enterprising criminals had found a simple, low tech way to bypass Apple’s state of the art, biometrically authenticated, tokenized, NFC-secure element housed payment platform. Get the Full Story Complete the form to unlock this article and enjoy...

Newest Bid To Stop ATM Fraud? Get Rid Of The Card
March 17, 2015

BMO Harris Bank, a unit of Canada’s Bank of Montreal, launched the U.S.’s largest cardless ATM network on Monday (March 16) with the goal of reducing fraud and lowering transaction time. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

How MasterCard Will Bring Tokenization To Asia-Pacific
March 17, 2015

Across the Asia-Pacific region, each market is on its own path to secure digital transactions. In Australia, two-thirds of MasterCard transactions are already contactless in-store payments. In more emerging markets like Indonesia, consumers are just getting online to transact with mobile devices, but are well...

International
$5 Billion Later, Uber’s CFO Drives Away
March 17, 2015

Uber CFO Brent Callinicos, who helped the ride-sharing startup raise more than $5 billion and reach a valuation of $41 billion, is leaving the company, the Financial Times reported on Monday (March 16). Get the Full Story Complete the form to unlock this article and...

News
Atlanta Fed: EMV Shift Will Increase Check And Credit Fraud
March 17, 2015

With the transition to EMV chip payment cards just months away, online merchants are bracing for an expected surge in eCommerce fraud. But two other kinds of financial crime that’s likely to increase: those involving checks and bank account applications, according to a security expert...

Visa Push To Get SMBs On Board EMV
March 16, 2015

EMV adoption has faced resistance in the small business community — in large part because some merchants don’t feel the benefits of the technology outweigh the costs of adoption. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...