Security & Fraud

Europe
Russian Payment Card To Materialize Mid-Month
December 09, 2014

Russia’s National System Of Payment Cards (NSPC) will materialize and start accepting payments in mid-December, according to a report Monday (Dec. 8) in a prominent Russian business newspaper, the Vedomosti. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

News
Apple Exec Sentenced To Three Years For Selling Corporate Secrets
December 08, 2014

Paul Shin Devine, a former Apple global supply manager, has been sentenced in a San Jose federal court. Devine was  convicted of wire fraud, conspiracy and money laundering in relation to selling Apple iPhone and component secrets nearly three years ago. Devine reportedly made millions...

Mobile
Pepperoni Payments Peril: Massive Payment Swindle Used Mobile Pizza
December 08, 2014

It’s long been common practice for cyberthieves to test stolen cards online, often with a tiny charge on a charity site, to quickly determine which have been shut down and which are still valid. But the latest tactic involves ordering pizzas from Domino’s—OK, so food...

Mobile
Carriers Must Stop Phone Thefts, Says FCC
December 08, 2014

The Federal Communications Commission wants wireless carriers to do more to stop the million-plus smartphone thefts in the U.S. every year, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Company Spotlight
Creditcall Appoints New CEO To Prep For Next Phase Of EMV Migration
December 08, 2014

EMV Migration solution provider Creditcall has appointed Lars Dige Pedersen, Ph.D., as its new CEO and member of its board of directors to oversee global operations and continues growth in the U.S., according to a company release. Pedersen is replacing Peter Turner, who has been...

Mobile
Chase Balances: No Password Needed
December 08, 2014

Chase customers using the bank’s mobile app can now see their balances without entering a user name or password, according to American Banker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Point of Sale
Another POS Breach – This Time It’s Bebe
December 08, 2014

Looks like BeBe Stores—with about 200 stores in the U.S.—may be the next cyberthief retail chain victim, according to a report from Krebs On Security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Mobile
California May Crack Down On Bitcoin
December 05, 2014

The California state government is debating whether to regulate Bitcoin—and other digital currencies—after legally concluding that they have the authority to do so, BusinessWeek is reporting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

News
Payment Breaches Up In 2015
December 05, 2014

When it comes to data breaches, the ones involving payment-card systems will still top concerns for 2015, according to a new report from Experian. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...