With the Oct. 1 EMV liability shift just six months away, banks and payment-card brands are beginning to get nervous about the slow uptake of EMV point-of-sale systems by smaller businesses. Part of the problem is complexity — small merchants don’t have IT departments, and...
Stolen Uber customer accounts are being sold on the dark Internet by the thousands for as little as $1 each, online magazine Motherboard reported on Friday (March 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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With falling prices, the Silk Road trial and various miners going bankrupt, it would be hard to say that so far 2015 has been a banner year for bitcoin. Then again, it seems that the digital currency’s fortunes are improving, as corporate America is beginning...
Online banking fraud in the U.K. continues to be on the rise, and at a sharp rate, according to a new report from the Financial Fraud Action UK (FFA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The blockchain, with its attachment to the volatile bitcoin, has had its share of negative and positive press. But a new report from a team of cybersecurity researchers at INTERPOL — the world’s largest international police organization — shows that there may be a new...
The U.S. Justice Department’s Criminal Division has proposed streamlining the requirements for going after cyberthieves who sell payment card numbers issued by U.S. financial institutions, the department said in a blog post. Get the Full Story Complete the form to unlock this article and enjoy...
Forter, which pegs itself as the consumer-centric fraud prevention solution, announced yesterday (March 26) the launch of a new product aimed at developing an omnichannel fraud prevention platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Alibaba was accused in February by Chinese regulators of accepting bribes from merchants to earn a better spot on the site, but has adamantly denied such claims. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
