October 25, 2012
Verizon: Half Of All Financial Intrusions Involve ATM Tampering
A study led by Verizon indicates that over half of all intrusions in the financial industry involve ATM tampering, reports American Banker. Among ATM tampering cases, 61 percent involved physical...
September 14, 2012
Mobile And Payments: Two Peas In A Pod
Ex-Apple exec Ron Johnson unveiled his vision for the transformation of JC Penney and retail last week in Dallas which included, among other things, checkout via mobile in an effort...
April 02, 2012
Credit Card Security Breach: Is the Industry Focused on the...
Large credit card breaches have been out of the payments industry spotlight for some time, while the US payments industry has focused on other security and fraud related initiatives like...
January 25, 2012
Reflections on the 2012 NRF Annual Conference and the Merchant’s...
With dust still settling in the Jacob K. Javits Convention Center in New York City, I’d like to reflect on the events of the recently completed 2012 National Retail Federation...
January 08, 2012
Addressing Card Skimming at the Point of Sale―PCI and EMV...
Introduction Have you received a call recently from your credit or debit card issuer asking you to verify suspicious transactions, only then learning that your card data was compromised and...
October 26, 2011
Chase Paymentech Protects from Fraud and Data Theft
Chase Paymentech, a leading merchant acquirer and payment processor, today announced the launch of its SafetechSM Encryption in Canada, a solution to help protect merchants and consumers from payment card...
July 28, 2011
The European Commission’s CDS Investigations: How to Balance Stability and...
Thibault Balthazar, Bruno Lebrun, Jul 28, 2011 On April 29, 2011, the European Commission (the “Commission”) announced two antitrust investigations on the Credit Default Swaps market (the “CDS market”) relating...
May 03, 2011
Balancing Security and Convenience
Mobile payment technology is an exciting topic that stirs endless debate and inquiry. While Visa has stated that “NFC (Near Field Communication) is emerging as the de facto technology standard,”...
April 21, 2011
The FACTA the Matter: Recent Cases Involving Payment Card Receipts...
Introduction Private ordering, rather than government intervention, has been the primary force behind the development of data security measures in the payment card industry. [1] Government intervention often occurs...