We admit it – we thought that just bringing you the monthly updates on mPOS was getting a little long of tooth. So, we decided to get a little “jiggy” with the mPOS Tracker. Starting this month, we’ll be going well beyond tracking only the...
Neiman Marcus has acknowledged that it took nearly five months before it detected the malware affecting its system. On Jan. 20, the retailer held a conference call with credit card companies to review the situation. During the call, it was disclosed that the attack first...
Finland’s central bank has determined that Bitcoin is not a currency. Defining it as a commodity instead, the Bank of Finland said users do not enjoy any consumer protections and are cautioned to use the popular virtual currency at their own risk. “Considering the definition...
The as-yet-unknown assailants behind the Target breach demonstrated a high level of sophistication in their attack. This is the conclusion of federal investigators who say that the evidence suggests foreign influence, as part of the malware code was written in Russian, the Wall Street Journal...
Technological advancement and consumer adoption will lead to solid growth in contactless payments over the next four years, new research suggests. The contactless payments industry is set to grow by a compound annual growth rate of up to 18 percent before 2018, a new study...
Through some 193 deals, payments startups brought in $1.2 billion in new funding in 2013, according to analyst group CB Insights. Venture fundraising by payments startups climbed 5 percent between 2012 and 2013, Finextra reported on Jan. 10. New deals increased by 6 percent. Accel...
Despite a strong base of mobile phone users and an online payment system filled with friction, mobile payments have yet to take hold with Chinese consumers: And this reality isn’t set to change in 2014. That’s the finding of a new report from Maverick China...