Security & Fraud

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 —...

Chinese Payments Thieves Arrested In Kenya
December 05, 2014

A group of 77 Chinese nationals have been arrested by Kenyan police, accused of running a cybercrime operation. “Equipment capable of infiltrating bank accounts, Kenya’s M-Pesa mobile banking system and cash machines were discovered after a series of raids,” noted The Guardian. Get the Full...

Klarna Makes Its U.S. Move
December 05, 2014

Swedish payments company Klarna is preparing to drop $100 million for U.S. operations, which will be based in Columbus, Ohio. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

PayPal Patches Security Vulnerability
December 04, 2014

PayPal has closed a security hole that could have allowed an attacker to hijack the account of any of its users in a targeted attack, according to VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...