Security & Fraud

Chip Card Shift Projected To Be Nearly Done By 2017
May 05, 2015

As the Oct. 1 deadline for the EMV merchant-liability shift inches closer, there’s going to be a lot more reports about which type of merchants are ready, and which aren’t. There’s also going to be plenty of reports on which issuers have their credit and...

Revamped Data Breach Law Could Exclude Minor Attacks
May 05, 2015

Under newly prosed legislation as part of the data breach notification law Congress is looking to put in place, companies wouldn’t have to reveal minor cybersecurity breaches, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy...

Visa Gives Merchants Online EMV Adoption Toolkit
May 05, 2015

When it comes to EMV chip-enabled technology, getting merchants up to speed is the first step into making businesses EMV-compliant by the Oct. 1 deadline. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

PayPal Expands Global Buyer Protection To Digital Goods
May 04, 2015

Around the same time PayPal splits from eBay later this year, the payment processing company will expand its global buyer protection on the one type of goods consumers can’t quite get their hands wrapped around. Get the Full Story Complete the form to unlock this...

News
What’s The IRS Keeping Secret In Tax Fraud Attacks?
May 01, 2015

Research shows there is an influx of fraudulent tax returns filed by criminals using stolen identities. While recent consumer protection rules aim to prevent this, when it does occur, experts say that the Internal Revenue Service often protects the data on the fake tax return...

Another Victim Succumbs To NEXTEP Malware Attack
May 01, 2015

Last month, point-of-sale vendor NEXTEP Systems confirmed a security breach that exposed sensitive information of payment cards used at the Zoup restaurant chain. On Thursday (April 30), the company reported yet another potential victim of the security breach. Get the Full Story Complete the form...

News
Payments Heavy Hitters Move To Streamline Small-Merchant EMV Rollouts
May 01, 2015

Three heavy hitters in the payment-card industry are trying to smooth the path for small merchants to support EMV chip cards by launching an education and pre-qualification program for the companies that provide their card processing connections. Get the Full Story Complete the form to...

News
Vulnerable WordPress eCommerce Plug-In Won’t Be Fixed
May 01, 2015

A popular WordPress plug-in that provides eCommerce capabilities for thousands of websites has several high-risk vulnerabilities — and they’re not expected to be fixed, the IDG News Service reported on Thursday (April 30). Get the Full Story Complete the form to unlock this article and...

Mobile
68 Percent Of Payments Pros Say New Tech Increases Risk
May 01, 2015

Here’s how serious the doubts are among payment-systems professionals about EMV and mobile payments: 68 percent of them say pressure to migrate to new payment systems puts customer data at greater risk instead of making it safer, according to a new survey by Experian and...