Cyberthieves seeking payment card data have a tendency to sniff out a weak link, the softest way to enter a secure site. With Target, it found credentials to get in through a refrigeration, heating and air conditioning subcontractor. New word is that J.P. Morgan Chase’s attackers...
USA Today has weighed in on the Apple Pay MCX CurrentC issue and is not pulling any punches. MCX seems to be what would have happened had “the Three Stooges had been given the assignment of introducing a new and safer way for consumers to...
A volley of accusatory news releases and letters to Congress between groups representing major retailers and credit unions has erupted, with each side accusing the other not doing enough to defend against cyber attacks and other payment card data threats. Get the Full Story Complete...
E-tailer QVC announced Thursday (Oct. 30) that it will let shoppers use the TouchID fingerprint recognition capabilities on recent iPhone models to authenticate purchases in-app instead of passwords or PINs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In the fight against payment card fraud, law enforcement has always argued that retail must work together with police. But one top police official this week grew frustrated with a large retail chain when a woman purchased a stack of iPads in-store and completed the...
Or at least it can be. That’s what Revathi Subramanian, SVP of Data Science at CA Technologies, told MPD CEO Karen Webster during an hour-long digital discussion on the state of online fraud around the world. Subramanian said that we have the data, the models...
This year has taken mobile payments to a whole new level, and NFC, tokenization and the cloud have become the talk of the town. But when it comes to enabling mobile payments, does Host Card Emulation (HCE) still have an important role to play? MPD...
In a potentially significant ruling from the Financial Crimes Enforcement Network (FinCEN), Bitcoin platforms are being reclassified as money transmitters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
CurrentC made a lot of headlines this week, but not because they meant to. The PR backlash as a result of the decision on the part of CVS and Rite Aid to disable NFC, and therefore Apple Pay, caused the mainstream media and social media...
