Search results for "data breaches"

March 10, 2014
First Security Bank Issues Cab Breach Warning

05 March 2014 Chicago’s First American Bank recently issued an advisory telling customers not to use their payment cards in local taxis. “We have become aware of a data breach that...


March 10, 2014
Prepaid Programs Also Affected By Recent Breaches

05 March 2014 Various states are starting to pay close attention to the security of their card-based payment systems in the wake of recent data breaches. In a bit of...


March 10, 2014
To EMV Or Not To EMV

05 March 2014 Maybe not the question that our Congressional men and women are discussing today in DC, but one that’s on my mind, anyway, these days in spite of...


March 10, 2014
More Lawmakers Hear From Industry On Payments Security

06 March 2014 Various key players in payments and security got their chance on Wednesday to discuss with key lawmakers their views on how to shore up the security of...


March 05, 2014
TSYS Authorization Controls℠ Provides Issuers And Cardholders Greater Security

  The recent rash of data breaches has many card issuers and their cardholders on edge, not knowing whether a compromised card could be used fraudulently and without their immediate...


March 04, 2014
Neiman Marcus: Up To 1 Million Cards Exposed

The CEO at luxury retailer Neiman Marcus released a statement this week noting that the company’s recent data breach affected as many as 1 million debit and credit cards, Bank...


March 04, 2014
Chase’s Prepaid Exit Affords No Simple Explanation

By Gloria Colgan, Managing Director, Market Platform Dynamics (@gkcolgan) Ah, the challenges of commercial prepaid. When JPMorgan Chase recently announced the potential sale of its government and commercial prepaid card...


February 05, 2014
WebLinc’s Hill: ‘Scary’ To Consider A Biometrics Breach

Hacker’s accessing improperly stored credit card data is one thing, but what if Target or Neiman Marcus had been storing customers’ biometric information instead? Merchants storing encrypted biometric data is...


January 22, 2014
Chase’s Prepaid Exit Affords No Simple Explanation

By Gloria Colgan, Managing Director, Market Platform Dynamics (@gkcolgan) Ah, the challenges of commercial prepaid. When JPMorgan Chase recently announced the potential sale of its government and commercial prepaid card...


Authenticated Payments
Single Sign-On Bridges The Authentication Gap Customer authentication walks a tightrope between seamlessness and security, but single sign-on (SSO) systems can bridge this gap using a single password administered by third parties like Facebook or Google. In this month’s “Authenticated Payments Report,” a PYMNTS and LoginID collaboration, Clay McDaniel, CEO of Ripl, outlines how SSO solutions can safeguard the payments process while sparing users from managing countless usernames and passwords.