With an ever-increasing list of Know Your Customer regulations for banks doing international funds transfers, financial messaging network SWIFT is developing a new report to help banks spot red flags and problem customers using an analysis of SWIFT traffic.
Square on Wednesday (Nov. 12) started taking orders for its already-announced EMV readers. The smartphone component will cost $29 and a desktop version $39. To put that into context, Square’s magstripe versions have always been free. Get the Full Story Complete the form to unlock...
Hewlett-Packard might be ready to join the digital payments field by expanding its cloud-based payment platform and chip-based payment cards, HP announced Wednesday (Nov. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Smartphone users are at a significantly greater risk of becoming payment fraud victims due to poor password and security habits — and their preferred alternative is biometric security like the iPhone’s fingerprint scanner, according to a new study by Javelin Research. Get the Full Story...
Visa CEO Charles Scharf on Wednesday (Nov. 12) said that not only is tokenization “the single biggest change that’s been made in the payment networks easily over the past 15 or 20 years and maybe longer,” but he spoke about how it enables Visa to...
Mahindra Comviva on Tuesday (Nov. 11) debuted a new service to be called ConnectMoney Service Manager, courtesy of a deal with a Zimbabwe company called Econet Wireless. The company said that it’s the largest rollout of secure EMV chip and PIN payment cards in Zimbabwe...
Apple is looking for ways to bolster security for Apple Pay and other uses of its mobile devices, and on Tuesday (Nov. 11) the company was awarded a patent for yet another location-based security feature, AppleInsider reported. Get the Full Story Complete the form to...
Online payments antifraud startup Forter has pulled in another $15 million in funding that it will use to open offices in the U.S. and expand its offerings to larger customers, the Wall Street Journal reported. Get the Full Story Complete the form to unlock this...
Apple products are safe, everyone knows that. Viruses and malware are for Windows machines and Android devices but cybercriminals up to this point seem to have been stymied by Apple’s security and left their devices alone. So revered are the Apple operating systems, that in...
