Last year saw a number of high-profile hacks make the news, such as the publishing of naked pictures of celebrities and the massive data grabs from retail giants Target and Home Depot. While everybody was quick to point fingers at malicious hackers, the Online Trust...
Just as Uber was able to use mobile technology and ease of access to revolutionize the taxicab industry, Customers Bank CEO Jay Sidhu is hoping that his newly launched BankMobile can cause an equal or greater disruption in the banking industry. Get the Full Story...
While executive representation from Target and Home Depot – the locations of the largest and second largest POS security breaches in U.S. history – was not at the World Economic Forum, the plight of the two retailers was a favorite topic of conversation this year....
Global payments provider TSYS, along with Ingenico Group, recently announced a new agreement to offer merchants a seamless and secure solution for accepting all payment types, according to a TSYS release. These payment types include magnetic stripe, EMV, NFC and Apple Pay.
On Monday (Jan. 19), the British Retail Consortium reported that over $910 million was stolen from retail outlets in 2014 — an 18 percent increase from the year prior. This is despite the fact that the volume of actual offenses decreased by 4 percent, indicating that criminals...
Even though the official changeover to EMV payment systems is scheduled for Oct. 1, some analysts familiar with the process say that many businesses will still not be EMV ready by the target date, and may take “many years” for the U.S. to be fully converted...
It’s no secret that finding the right way to quickly and effectively outsmart fraudsters is a high-priority mission in 2015. But what does the right fraud solution really look like, and what is the ideal method for protecting cardholder data in an increasingly online world? To...
Biometric authentication apps for financial apps are expected to be all the rage by 2019, and USAA wants to be part of the trend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Those days of having to remember dozens of passwords and PIN numbers may become a thing of the past over the next five years. Soon, all you’ll need is a fingerprint or just your smile thanks to an expected surge in biometric authentication apps. Get the...
