Smart, fast-moving, adaptable and flexible. No, we’re not talking about the latest payments innovator, we’re talking about the cybercrook. They’re finding new ways to wreak havoc with payments. But what if there was a way to fight the crooks’ intelligence with even more intelligence? On...
Fraud has become a “Whac-a-Mole” game – when fraud is whacked in one area, it pops up in another, says Stephen Ryan, Senior Vice President of Business Development at Brighterion. One of the reasons why fraud solutions on the market today aren’t effective is that...
Back in March, China bans using QR Code for payments, but that may end shortly, according to a report in Mobile Commerce News. The initial ban from the Central Bank was issued because of security concerns. Get the Full Story Complete the form to unlock...
Samsung is making its NFC payment move in China, in a deal with UnionPay, China’s largest payment card firm. 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...
There’s no doubt that Apple Pay has a lot going for it. It’s the payment method birthed by a beloved consumer brand and technology giant, it has the backing of the biggest payments players on the planet and it has those same players using their...
Nine financial institutions—above and beyond Chase—were “also infiltrated by the same group” that attacked Chase, a group “thought to be operating from Russia and appear to have at least loose connections with officials of the Russian government,” the New York Times reported. Get the Full...
MasterCard Thursday (Oct. 2) announced the launch of SafetyNet, which it said was a preemptive security system “to identify potential attacks before they start and in some cases before the bank or processor is even aware.” Get the Full Story Complete the form to unlock...
JPMorgan Chase announced Thursday (Oct. 2) that its databreach attackers accessed information on 83 million accounts—about 76 million households and 7 million small businesses—is the largest known financial data attack. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The recent shifts in the payments industry – Apple Pay, an independent PayPal, a publicly traded Alibaba – has forced everyone to think well beyond secure payment transacting to secure identity enablement. Marek Juda, Managing Director at Oberthur Technologies told MPD CEO Karen Webster what’s...
