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Wednesday, October 21, 2009

New Functionality to Chip and PIN Terminal - Funding

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Press Release: October 21, 2009 -PIN Payments News Blog - Chip and Pin terminals are no longer just machines to accept credit and debit card...

Financial Services Industry Hit Hardest by Fraud According to Global Report

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Out of 10 industries surveyed, half experienced a spike in fraud activity and the remaining saw a decline; the global fraud rate remained st...

Shop.org/Forrester Report Shows Online Retailers Optimistic for ’09

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Online Retailers See Opportunity Ahead - Despite Economy, Online Retailers Report Profitable 2008 - Washington, October 2009 – Despite a pr...

43 Million People Give Bank Details to Cybercriminals in Last 12 Months?

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Question:  Do you still really believe it is safe to bank online by typing in your username and password instead of authenticating yourself ...
Tuesday, October 20, 2009

Fake Anti-Virus Scams Big Business

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Evidence of mass-market small-loss scamming The Anti-Phishing Working Group recently estimated that 485,000 samples were detected in the fir...

2009 Privacy Trust Study for Retail Banking - Ponemon Institute

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SOURCE: Ponemon Institute Oct 20, 2009 Global Financial Crisis Weighs on Results of Ponemon Institute 2009 Most Trus...

U.S. Bank Ranks First for Consumer Trust in Ponemon Institute Study

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MINNEAPOLIS--(Business Wire)--The Ponemon Institute, a privacy and information management research firm, has released the 2009 Privacy Trust...

Duane Reade to Offer MoneyGram

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Drugstore chain adds Utility Bill Payment to its MoneyGram services MINNEAPOLIS--(PIN Payments News Blog)--Oct. 20, 2009-- Mone...

MoneyGram Agrees to $18 Million Fine by FTC

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Ukash Expands into Canada

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Image via CrunchBase London, Oct. 20, 2009 -- Ukash, the fast growing global e-commerce payment solution, has today announced that Canada wi...

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In an article written by Daniel Indiviglio for The Atlantic, he talks about yesterday's piece in the Wall Street Journal on Interchange ...

National Bank of Kuwait and Visa Partner for New NFC Mobile Payment Trial

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Image via Wikipedia KUNA (Kuwait News Agency) 20 October 2009 KUWAIT -- The National Bank of Kuwait and Visa Inc. have partnered with Zain ...

Western Union Q3 Profits Down 25 Percent

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ENGLEWOOD, Colo. -- Cash transfer company Western Union Co. said Tuesday that its third-quarter profit sank 25 percent as it set aside cash ...

Fifth Third to Issue Revolution Money RevolutionCard

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ST. PETERSBURG, Fla.--(Business Wire)-- Revolution Money today announced that Fifth Third Bank has joined the Revolution Money network as a...

First Data to Offer Brick-and-Click Solutions to Small and Medium Businesses

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ATLANTA - (Business Wire) The convenience of online shopping continues to attract consumers to the Web, and small-and-medium businesses ar...

Fiserv Launches New Remote Lockbox Capture Solution

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Today, Fiserv introduced its new RemitStream Remote Lockbox Capture solution to help organizations manage payments that consumers or busines...

Smart Card Alliance: Use of Chip Cards Can Reduce U.S. Payments Fraud

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Here is a new white paper from the Smart Card Alliance that looks at fraud from the issuer’s perspective . C ontributions came from the p...
Monday, October 19, 2009

Gas Branded MasterCard's Shut Down by Citi

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Citi closes gas-linked MasterCards without warning Citigroup shuts down many MasterCards without warning consumers; letters sent 5 days late...

SWIPE OUT PHISHING!

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In the article below the author first suggests that phishing works because the majority of web users are not technically savvy, then goes o...