Security & Fraud

News
The Twelve Month Countdown: Mobile and EMV? Mobile or EMV?
October 22, 2014

Mobile and EMV? Mobile or EMV? Those are the questions. On Thursday, October 23rd at 11:00 AM EST, MPD CEO Karen Webster will host a live digital discussion with Dave Ewald, Global EMV Consultant and Manager at DataCard, Philippe Benitez, VP of Business Development at...

Investment Tracker, October 22
October 22, 2014

Click here to see this week’s graph 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 to our daily newsletter, PYMNTS Today. By completing this form, you agree...

Security & Fraud
After Huge Payment Glitch, Govt Cracks Down On Bank Of England
October 22, 2014

British banking authorities are pressuring the Bank of England to offer far more details about its ten-hour breakdown on Monday (Oct. 20) of the UK’s high value payments system, CHAPS, Finextra is reporting. Get the Full Story Complete the form to unlock this article and...

News
Chase Aftermath Boosts Bank Defenses
October 22, 2014

As the industry tries and reacts to the massive cyber attack inflicted on JPMorgan Chase, federal and state authorities are pushing banks and brokerage firms to close some gaping holes in their defenses, the New York Times is reporting. Get the Full Story Complete the...

Apple Pay
Apple’s Compliance Cakewalk
October 22, 2014

Apple Pay’s decision to use tokens has some fringe benefits beyond allowing retailers to get money without storing payment credentials. Like many token efforts, because Apple Pay is not storing the payment credentials, the Wall Street Journal points out, it can avoid a lot of...

Apple Pay
Jumio Adds Driver’s License Scanning To Its Payment Product
October 22, 2014

Jumio, a company that tried to make mobile payment easier by using the phone’s camera to sidestep manual data entry, on Tuesday (Oct. 21) introduced Bam Checkout, which the company is hoping will counter Apple Pay, according to TechCrunch. The new twist is allowing users...

How Apple Will Attack The “Man In The Middle” Problem
October 22, 2014

Amidst reports that a series of man-in-the-middle-attacks has been launched against Apple’s iCloud in China—one report specified that agents working for the government of China were deeply involved—Apple has posted a security document warning consumers and offering practical tips on how to avoid being victimized....

Blackberry’s Security Patents Attract Lenovo As A Potential Buyer
October 21, 2014

Since its rather dramatic dethroning by Apple as the go-to smart phone of choice, it’s been a long strange trip over the last year for Blackberry, with the will-the-won’t-they possibility of acquisition of the Canadian company by a stronger player.  The rumor mill, it seems,...

News
ABA Wants Team-Up To Tackle Security Issues With Retailers
October 21, 2014

The incoming chairman of the American Bankers Association says one of his top priorities will be working with retailers to secure the payments system, American Banker reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...