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Tuesday, January 20, 2009

Largest Breach Ever? Deception Involved?

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Brian Krebs, writing for the Washington Post , covered this morning's announcement that Heartland Payment Services was breached.  He is ...

Biometric PIN Debit for M-Commerce?

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World's first biometric, waterproof mobile surfaces Fujitsu has launched what it claims is the world’s first waterproof handset with an ...

Credit Card Fraud Up Down Under

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Credit Card fraud rates are "jumping" faster than ever, not just here, but around the globe.  In this article, the APCA announced ...

Fraud in the Heartland

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In yesterday's last post: "Hackers Affect Debit and ATM Networks" I provided information from a story published by "The T...
Monday, January 19, 2009

Hackers Affect Debit and ATM Networks

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TheTimesTribune.com, Corbin, KY - Hackers affect debit and ATM networks Forcht Bank disabled 8,500 customer debit cards this week after lear...

Money Transfer Network adds 33,000 locations

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Minneapolis, Jan. 19, 2009 -- MoneyGram International (NYSE: MGI) today announced that in 2008 the company added 13 countries and territori...

Dilllard's to Use "Planet Payment" Service

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Edited Press Release LONDON -(Dow Jones)- Planet Payment, a multi-currency and data processor, announced Monday that its Pay in Your Currenc...

Battle Against Card Fraud Heats Up

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In an effort to reduce credit card fraud, HSBC announced it is going to analyze each and every transaction. This will result in both consum...

Skimmer "Sentenced in Seattle"

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Skimmer Now Jail Bird The owner of a Redmond, WA tobacco shop was sentenced to less than three years in prison for skimming $300,000 off mo...

Final Results for Cyber Holiday Pulse Index

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The Pulse Index is an annual tracking of online shopping activity during the holiday season. From November through January, Chase Paymentec...
Saturday, January 17, 2009

Circuit City Shorts Out

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Hope you used your gift cards... Back on November 11th, in a post I called "Short Circuit in Gift Cards?" I stated:   "If You...

$200 Bucks and Get Outta Town

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Hmmm, I always thought that age-old line was " Don't do the crime if you can't do the time ."  Apparently that's not t...
Friday, January 16, 2009

Largest Drop in Card Balance Payments Ever

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According to CardTrak.com credit card balance payments saw their largest drop ever, from October to November.  (Guess December's data ha...

People Spending More (Time) on the Web

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eMarketer reports that the recession may be contributing to increasing usage of the Internet among leisure time activities.  Of course, b...

Gaza Cease Fire Trojan Shows No Sites Are Safe From Attack

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On Monday, in a post entitled " Gaza Strip(s) PC of Financial Data " I talked about a new(s) attack. " Using mainstream news...
Thursday, January 15, 2009

MC Discounts Charges "Interchange is Way Too High"

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In an attempt to dispel myths regarding Interchange, MasterCard has put together a brochure (PDF) designed to show how priceless Interchan...

Google Checkout "Searches" for Way to Increase Adoption

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Study: Google Checkout use slowing - DMNews Google Checkout adoption is dropping.  Maybe they ought to start "searching" for ways ...

How Cards Are Processed

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CreditCards.com has provided an interactive guide to show how merchants and banks process cards purchases.  For the interactive guide click ...

"Underground Economy Booming" - Followup

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Symantec Report on the Underground Economy On November 24th, I posted about Symantec's release of a detailed report ...