Security & Fraud

Merchant Innovation
ATM Networks Join Forces Against Fraud
July 25, 2014

ATM networks have joined together to create global defense solutions to fight potential breaches, according to ABA Banking Journal. Together, Diebold, Inc. and Wincor Nixdorf AG will start an industry association to improve ATM security. Get the Full Story Complete the form to unlock this...

News
eBay Hit with Class Actions over Breach
July 25, 2014

After a security breach in February of this year, eBay now faces a class action suit in a U.S. federal court, says iT News. The consumer privacy suit was filed by Colin Green, a Louisiana state citizen, who “alleged that the security breach was the...

International
Hackers Hit European Central Bank
July 25, 2014

Fraudsters managed to hack into the European Central Bank’s website, stealing email addresses and other contact information, according to an ECB statement. The theft was discovered after the bank received an anonymous email “seeking financial compensation for the data.” While most contact information was encrypted,...

News
StubHub Cybercrooks Busted
July 25, 2014

New York authorities reportedly have charged international criminal gang members that were accused of taking part in stealing card data to buy event tickets through StubHub. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Exclusive Series
eDNA: The New Online Identifier?
July 24, 2014

How consumers interact with computers while online says a lot about them. So much so that a British company believes it can use individuals’ so-called eDNA to market products that can alleviate the need for sites to require usernames and passwords. But what will consumers...

News
Uh Oh, U.S. Mobile Banking Apps Targeted By Hackers
July 24, 2014

Kaspersky Lab recently reported that it detected a significant malware threat “that could affect the 102 million Americans who use mobile banking,” according to BizTech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CA Technologies
Looking Beyond 3-D Secure’s Rocky Past
July 23, 2014

Let’s face it. 3-D Secure hasn’t exactly won the eCommerce popularity contest over the last several years. Customers got confused when they saw pop-up windows, struggled with remembering passwords and then just said “never mind” at checkout. But 3-D Secure has come a long way....

Company Spotlight
Why U.S. Consumers Are Itching for EMV Cards
July 23, 2014

Fifty-seven percent of MasterCard cardholders in the U.S. said they want EMV chip cards pretty much right away. The question of “What is EMV?” is being replaced by “When will I get my card?” In a recent podcast interview, MPD CEO Karen Webster asked MasterCard’s...

News
Could An eBay Flaw Reveal Customer Data?
July 23, 2014

According to a recent report by two New York University researchers, a loophole within eBay could expose details about sensitive customer purchases, such as at-home medical tests. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...