Payments

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  • Interview

    Why Target Could Owe Banks

    Attorney Says Banks' Case to Block MasterCard Settlement Has Merit By Tracy Kitten
    Why Target Could Owe Banks

    A class-action suit filed by U.S. banks and credit unions that's pending against Target could prove fruitful for the banks and credit unions, says cyber attorney Chris Pierson, chief security officer at cyber-intelligence firm Viewpost.

  • Article

    POS Vendor Reports Malware Attack

    Harbortouch Provides Few Details on Breach Affecting Merchants By Marianne Kolbasuk McGee
    POS Vendor Reports Malware Attack

    Point-of-sale systems provider Harbortouch Payments has confirmed that it recently identified and contained a malware breach that affected "a small percentage" of the merchants that it serves.

  • Interview

    Mobile Payments: Apple Pay vs. Rivals

    ABA's Kenneally on Security Risks of New Payments Options By Tracy Kitten
    Mobile Payments: Apple Pay vs. Rivals

    Fraud risks associated with Apple Pay have raised new worries about mobile payments, says Steve Kenneally of the American Bankers Association. During the ABA's Risk Management Forum April 15-17, experts compared three mobile solutions.

  • Article

    Target, MasterCard Settle Over Breach

    Retailer Offers Issuers a Total of Up to $19 Million By Eric Chabrow
    Target, MasterCard Settle Over Breach

    Target has agreed to pay a total of up to $19 million to issuers of MasterCard payment cards over losses and expenses they incurred as a result of the retailer's massive 2013 data breach.

  • Article

    Hotel Company Reveals Second Breach

    POS Malware Potentially Exposed Card Data By Marianne Kolbasuk McGee
    Hotel Company Reveals Second Breach

    White Lodging Services Corp. has revealed a malware attack against point-of-sale systems at 10 of the hotels it manages, potentially exposing payment card data. The disclosure comes about a year after it confirmed a similar malware-related breach.

More news...
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Hackers have been stealing the secret trading algorithms that are the lifeblood of many hedge funds...

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ARTICLE Hackers Steal Trading Algorithms

Hackers have been stealing the secret trading algorithms that are the lifeblood of many hedge funds...

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