MasterCard is launching its Identity Check Mobile technology in 12 European countries, enabling online shoppers to authenticate themselves through facial recognition and fingerprints.

Technical body EMVCo and PCI Security Standards Council have announced that they are collaborating to support the upcoming launch of 3-D Secure 2.0 (3DS 2.0). The announcement was made at the PCI Security Standards Council Community Meeting of global cyber security experts in Las Vegas, U.S, last week (20-22 September).

A year after the official launch of chip payment technology in the US, Visa is claiming steady progress, with the country already its largest EMV card market and fraud rates falling sharply.

In the wake of the $81 million Bangladesh Bank hack, the Committee on Payments and Market Infrastructures (CPMI) has set up a task force to look into the security of wholesale payments that involve financial institutions.

More bad news from the online crime front over the weekend, as UK business software group Sage reports a breach that may have compromised the bank account details of employees at 230 UK companies, and HEI Hotels group in the US admits to a POS malware infection that filched payment card details from tens of thousands of customer transactions.

 As U.S. issuers, merchants, acquirers and processors continue their migrations to EMV chip technology for more secure payments, many stakeholders may ask: "What is the least complex way to deploy chip for my organization?"

Oracle is warning users of its Micros POS payments technology of a data breach which saw malicious code installed on its systems.