Security & Fraud

PCI Kills Retail Holiday Rush
December 04, 2014

Retailers feeling the rush of a Black Friday weekend high shouldn’t forget they’re also facing a major buzzkill on New Year’s Day: As of Jan. 1, they’ll face a new version of the Payment Card Industry’s security requirements, according to Crain’s Chicago Business Get the...

B2B Payments
New AML Rules Released
December 04, 2014

For the first time since 2010, federal regulators have released a new guidebook on how to meet anti-money-laundering (AML) regulations, Bank Info Security reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Retail
Target Data Breach Lawsuit Continues
December 04, 2014

A federal judge on Tuesday (Dec. 3) ruled that most of the data breach lawsuit claims against Target can continue and that banks pressing that lawsuit were almost fully correct in its allegations. That doesn’t mean, of course, that the judge found the claims to...

Apple Pay
Securing Payments For The Holidays
December 04, 2014

In the military, there is a concept called acceptable losses and it, candidly, calculates how many of your fighters are likely to be killed under different scenarios. But all businesses do similar calculations – building in losses as part of “doing business” is the ROI...

Mobile
American Express Adds Touch ID App For iPhone
December 03, 2014

American Express has updated its Amex Mobile app for iOS with a key new feature: Now iPhone and iPad users can log into their accounts by fingerprint, 9 to 5 Mac reported on Tuesday (Dec. 2). Get the Full Story Complete the form to unlock...

Beware Fraudulent Bitcoin Sites
December 03, 2014

Two websites pretending to be from the Bitcoin Foundation are trying to steal Bitcoin users’ cryptocurrency — and there may be more scammers out there, according to VentureBeat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Intel’s New Security Play
December 02, 2014

In its continuing efforts to expand and strengthen its security business, Intel has purchased digital identity management software makers PasswordBox. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Apple Pay
Hackers’ Prime Target: Apple Pay
December 02, 2014

Apple Pay is already popular with consumers, which means that it will also become a popular target for cybercrime. 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...

Europe
The Invisible ATM Skimmer
December 02, 2014

Cyberthieves are now bypassing traditional ATM “skimmers” and wiring directly into a cash machine’s own card-reading hardware through a hidden hole in the ATM, TechCrunch reported on Monday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...