Compiled by Mitch Cobrin - COO HomeATM ePayment Solutions
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Banks are offering more card-not-present security alerts, study says
A study by Javelin Strategies & Research shows sharp improvement in fraud prevention and identity detection made by U.S. financial institutions, including an increase of user-defined limits and alerts for online transactions.
Twitter, Amiando, Obopay, And Playfish Are Named Technology ...
Understand more about... mocoNews - MasterCard's MoneySend To Go Live This Month In U.S. · TechCrunch Euro Tour 08: Yes, even Belgium has startups ...
Will that be Visa, AMEX or Twitter, sir?
Sydney Morning Herald PayPal has become the de facto standard for online payments, which is very handy but still not much help when you're looking to buy something at the market.
HSBC PRIVATE CLIENT DATA BREACH WIDENS
HSBC's discomfort over the theft of client data from its private banking operations in Geneva by an IT insider has deepened as it emerges that the breach may have affected thousands of customers rather than single-digit figure initially claimed by the bank. More on this story: http://www.finextra.com/news/fullstory.aspx?newsitemid=20862
iPhone Payments Smackdown: Square vs. Verifone
Twitter vet Jack Dorsey reacts to Verifone's announcement of their iPhone payments solution, PAYware Mobile, and clears the air around security issues. Read more
MasterCard Worldwide to Strengthen Global Economic Connections ...
MasterCard(R) MoneySend(TM) to Make Money Transfers Simpler and Easier for Banks ... "MasterCard MoneySend removes barriers impeding the transfer of money
China's Central Bank To License Online Payment Platforms
ChinaRetailNews.com Ouyang told local media that in the non-cash economic age, it is important to develop online payment services. At the same time, third-party payment ...
Square payments say Apple's a competitor
ElectricPig.tv Rumours have swirled around about an Apple built “Paypal killer” for some time. Dorsey went on to say that he while Square is focusing on “the user ...
Ecommerce scandal: US Congress investigates Visa, MasterCard over online scam
Ecommerce Journal Last may the US Senate Committee on Commerce, Science, and Transportation started an investigation into the thousands of consumer complaints from online ...
First Data: Transactions up in November
Atlanta Business Chronicle SpendTrend tracks same store consumer spending via credit, signature debit, PIN debit and EBT cards at US merchant locations. Credit and signature debit was
VeriFone Rushes To Announce Square Competitor; Jack Dorsey Comments
TechCrunch (blog) The last thing they want is another PayPal to come along and blindside them. I just saw an announcement by VeriFone on their own Square competitor – an ...
Phishing Attacks Cost Millions Despite Low Success Rate
New research from Trusteer shows that while the majority of phishing attacks are unsuccessful, those that slip past security defenses are costing millions of dollars. With nearly half of those who click on links to phishing sites giving up their personal information, here are some tips on what you need to do to protect your enterprise. READ MORE >>
Western Union (WU) Delivers a 50% Dividend Increase and New $1 Billion Share ...
StreetInsider.com (subscription) The Western Union Co.'s (NYSE: WU) Board of Directors agreed to a new three-year share repurchase program Wednesday worth $1 billion, according to the
Industry Reaction the New iPhone Payments Device, Square
Each week PYMNTS.com posts new discussions in our LinkedIn group where we encourage members to weigh in. This week we asked for reaction to the release of Square. Read more and jump into the debate!
Chip cards fail to prevent banking fraud boom
iT News By Charis Palmer Card-not-present (CNP) fraud, which involves the use of stolen credit and debit card details to make telephone and online payments,
MasterCard Worldwide to Strengthen Global Economic Connections ...
MasterCard® MoneySend(TM) to Make Money Transfers Simpler and Easier for Banks ... MasterCard MoneySend Enables Functional, Reliable Global Money Transfer
Protecting Mobile Data: Just Kill Me Now
Today's smartphones certainly promise more convenience and functionality. But for IT, these devices promise new nightmares about protecting the data they store. It's not merely contact data, but files, slides, traffic history, E-mail records, chat transcripts and almost anything else that can be done on a desktop and synched to a smartphone. Then there's the Grand Poobah of data protection night terrors: Geolocation. Geolocation is the phone's capability to tell any app on that phone—or anyone at all, really—the exact location of the phone virtually every minute it has power. Such data is relatively small in size and yet—tied into various other data points (especially time and date)—could be monstrously helpful to some while being stunningly destructive to others. But fear not, IT execs are thinking, there's no way such data could ever get out to unauthorized places, right? Sprint this month proved otherwise, as we discuss in this week's Guest Column on McAfee's Security Blog. Read more.
