Security & Fraud

What FIs Are Doing Wrong in Detecting Fraud
September 17, 2014

News about recent cyber attacks, especially on some of the biggest FIs boasting “rock-solid” security, has been nothing short of unsettling. Revathi Subramanian, Senior Vice President, Data Science at CA Technologies, recently sat down with MPD CEO Karen Webster to talk about why these attacks...

Exclusive Series
Taking a “High-Speed Elevator” to Retail’s Future
September 17, 2014

Retailers are dealing with a “tripod” situation, says Rahul Mutha, CEO of Aurus Inc. The challenges of addressing EMV, breaches and the changing demands of their customers create a complex environment for retailers to both understand and navigate. But this is something that Mutha and...

Merchant Innovation
Among (The Few) M-Pay Users, NFC Is Popular
September 16, 2014

NFC is not quite the method of mobile payments most users are most familiar.  That honor still goes to the QR code or barcode which 45 percent of reported mobile users said they had experienced at least once, according to the latest report by Nielsen,...

Mobile
Most Mobile Apps Will Fail Security Test Next Year
September 16, 2014

Analyst firm Gartner has issued a report predicting that 75 percent of mobile apps, by next year, will flunk even most rudimentary of security requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Mobile
China’s Biometric Payment Scheme
September 15, 2014

The Chinese Academy of Sciences has endorsed an E-Commerce biometric authentication program based on the shopper transmitting a selfie. Dubbed “face swapping,” officials described a system that “can detect a face in only a few seconds and the accuracy rate is 99.8 percent. According to...

Apple Pay | Winners, Losers And Question Marks
September 15, 2014

Regardless of Apple Pay’s long run success, we’ve all just witnessed an inflection point in payments – a point in time after which nothing will ever be the same. What happens over the next three to five years will likely decide the direction of payments...

News
Could Retail Cyber Attacks Pay For Modernized Payment?
September 15, 2014

There is a school of thought that says a little destruction is not a bad thing, as such clearings brought on by destruction often offers human creativity the opportunity to flourish while solving a problem.  If ones creative mind is bent toward solving security problems,...

Controversial
Home Depot Cyberthieves Took Advantage of Security Upgrade Delays
September 15, 2014

For those corporate employees who get frustrated by the slowness of decisions and the glacial pace of deployments, take comfort in the fact that this slowness was a gift for cyberthieves who wanted to—and successfully did—attack Home Depot. The attackers literally took advantage of the...

Apple Pay
China UnionPay Partners With Apple Pay
September 12, 2014

The relative dominance of the QR code in the Chinese mobile payments market may be coming to an end, are at least facing its first serious challenger, as a new player rolls into town—Apple Pay. Get the Full Story Complete the form to unlock this...