Security & Fraud

What Banks And Processors Must Know About Transaction Laundering
October 21, 2015

There’s a new method of fraud that is hard to detect but gaining traction in the payments ecosystem: transaction laundering. Fast becoming a favorite of cybercriminals, it allows prohibited merchants to find safe passage into the payment system by exploiting valid merchant accounts. The good...

CyberSource Launches Merchant-Focused Real-Time Fraud Analytics Tool
October 20, 2015

CyberSource, a Visa owned company, announced today (Oct. 20) the launch of Decision Manager Replay — a real-time fraud analytics tool that enables merchants to both analyze and adjust fraud management strategies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Uh-Oh. Chip-And-PIN Hack Tactic Discovered
October 20, 2015

Amid the EMV switchover in the United States, a surprising hack has emerged that might give the system’s champions some pause. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Oberthur On The Road To Europe’s Biggest 2015 IPO
October 20, 2015

French security tech and smartcard maker Oberthur Technologies has announced it is heading for an IPO on the Euronext Paris exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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iOS Apps Banned For Pulling Personal Data
October 20, 2015

The Apple App Store is suddenly a lot lighter, as hundreds of iOS applications have been taken down from the platform in the wake of disclosures that they were accessing users’ personally identifiable information. Get the Full Story Complete the form to unlock this article...

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FTC Issues Chip Card Scam Alert
October 20, 2015

The Federal Trade Commission is warning of a series of scams aimed at taking advantage of consumers who have yet to receive their chip cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Tech Giants Remain Weary Of CISA Bill
October 19, 2015

Last week, the Computer & Communications Industry Association (CCIA), which represents a group of major telecom and eCommerce companies, released a blog post stating it is “unable to support” the current version of the heavily debated Cybersecurity Information Sharing Act (CISA) bill. Get the Full...

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Amazon Sues Fake Reviewers
October 19, 2015

Amazon is stepping up its game against fake reviewers by filing a lawsuit. 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 Today....

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Russian Hackers Hit Dow Jones Servers For Trading Secrets
October 19, 2015

Late last week, Bloomberg reported Russian hackers had targeted the servers of media company Dow Jones in order to steal stock trading information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...