As a result of President Obama's "Buy Secure" initiative, the federal government this month is kicking off its chip-and-PIN rollout. Fraud experts now debate what impact the move will have on banks' EMV chip-card strategies.
Is Amazon India on the verge of extending its online payments gateway to offline sellers and kiranas? And if so, what are the potential business implications and security risks for Indian organizations?
Banking experts disagree about whether the Supreme Court's decision to uphold the Fed's debit interchange fee structure will have an impact on financial institutions' EMV investments and long-term fraud prevention strategies.
In the aftermath of a payment card breach, as fraudsters race to exploit the stolen information, card issuers and affected customers take steps to mitigate risks. Here's a look at the lifecycle of a payment card breach from three perspectives.
The U.S. likely won't complete its implementation of EMV for many years to come, despite the October 2015 liability shift date for counterfeit card fraud, many forecasters say. And until it's fully deployed, EMV will have little impact on fraud.
The globalization of fraud waged by organized crime has spurred new cross-channel attacks and is affecting how ATM operators approach data security, executives from three of the world's leading ATM manufacturers explain in this exclusive interview.
Offsite airport parking operator Park 'N Fly is notifying an undisclosed number of customers that their payment card information was exposed following a compromise of the company's e-commerce website.
The U.S. migration from magnetic-stripe payment cards to EMV-compliant cards is in full swing, thanks in part to massive breaches at retailers. This infographic offers a timeline of progress in implementing this new technology.
How will EMV and contactless payments reduce ATM-related card fraud? In part one of this three-part exclusive interview, executives from the world's top three ATM manufacturers discuss how they're helping banking institutions address emerging fraud trends.
A recent interview about why retailers say EMV without the PIN is a fruitless fraud-fighting effort has spurred debate among retailers and bankers. In the end, though, bankers' resistance to PIN is all about time and money.
Mark Horwedel of the Merchant Advisory Group says that while U.S. merchants are committed to enhancing payments security, without PINs, chip cards will do little to reduce card fraud.
Over the last 12 months, hackers have enhanced the marketing of high-value stolen data, according to Dell SecureWorks' David Shear, who explains how the underground economy works.
A sophisticated hacking group in Eastern Europe with ties to banking Trojans like Carberp has now been linked to attacks waged against 16 U.S. retailers. Could U.S. banks be the next big targets?
Office supply retailer Staples says nearly 1.2 million payment cards were compromised in a malware attack that was confirmed back in mid-November. Find out how many stores were affected.
As recent incidents prove: Retail point-of-sale breaches are on the rise, creating greater payment card fraud headaches for banking institutions. How does the impact of these crimes compare to that of account takeover, check fraud, insider crimes and the emerging realms of virtual and mobile payments? Receive insights...
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