Security & Fraud

Mobile Commerce
PayPal Pushes Password-less Payments
December 11, 2014

PayPal will be pushing hard to advance password-free authentication now that a complete version of the Fast Identity Online (FIDO) specifications have been published, the company said in a blog post on Wednesday (Dec. 10). Get the Full Story Complete the form to unlock this...

News
Another Payments Provider Hit With A Breach
December 11, 2014

Payments vendor Charge Anywhere has confirmed a data breach that may have exposed payment card numbers dating back to late 2009, Bank Info Security reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Apple Pay
Alipay Fingerprint Announcement Moves It Closer To An Apple Pay Deal
December 11, 2014

The prospect of an Apple Pay Alibaba deal got a lot more likely on Tuesday (Dec. 9) when Alibaba’s Alipay payments unit said that it will now allow users to authenticate their accounts with the iPhone’s fingerprint sensor instead of a password, indicating, according to...

Bitcoins Reported Stolen After Blockchain.Info Security Update
December 10, 2014

The world’s most popular web-based Bitcoin wallet service, Blockchain.info, suffered a security lapse during a software update that affected hundreds of users, the service said in a blog post on Monday (Dec. 8). Get the Full Story Complete the form to unlock this article and...

News
New York Top Regulator Cracking Down On Cyber Security
December 10, 2014

Banks must—legally—view cyber security as a key part of risk management, said New York’s top banking regulator, according to a copy of a letter he sent to banks that have a New York state charter or license, the Financial Times is reporting. Get the Full...

News
Apple’s Too-Good Recovery Key Security
December 10, 2014

As systems get secure, the biggest fear of many end-users is that they will be inadvertently locked out. The lack of human override capability can be frightening. Into this fray enters Apple and a recovery key hole created by the Apple ID two-factor authentication. Get...

Dynamics Pulls In $70 Million Investment, MasterCard Backing
December 10, 2014

Dynamics, a 200-employee card technology company based near Pittsburgh, has captured a $70 million investment from a group that includes MasterCard, according to a report in the Pittsburgh Tribune-Review. What makes Dynamics interesting, company execs said, are the security enhancements they are creating for payment...

Mobility: The Next Frontier In Authentication
December 09, 2014

How long can we go without our phones? That's tough to answer considering our phones have become us. Mobile devices can be a user’s identity, their payment device and in many cases their wallet. On Wednesday, December 17 at 1 pm EST, Doc Vaidhyanathan, VP...

Mobile
Belgium Banks Back QR Mobile Payments
December 09, 2014

With an eye on in-store, in-app, online and P2P payments, Belgium’s largest banks are backing a QR code-based mobile payments app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...