Payfone and US banks partner for mobile authentication
December 12, 2014 - Mobile authentication startup Payfone is working with US financial institutions to introduce technology that utilises the same security standards applied by wireless operators to identify their customers as they log-in to m-banking apps.
Charge Anywhere breach puts unencrypted card data at risk
December 11, 2014 - US mobile payments outfit Charge Anywhere has admitted that malware has been lurking on its network for five years, putting unencrypted payment card data at risk.
Immediate payments 'next frontier' for European integration - ECB
December 9, 2014 - With progress towards a single euro payments area well in train, the European Central Bank has identified instant payments with immediate availability of funds as the industry's next frontier for harmonisation and cross-border collaboration. In its second meeting, on 1 December 2014, the Euro Retail Payments Board (ERPB), a multi-stakeholder group chaired by the European Central Bank (ECB), decided to step up work on the topics of instant payments in euro, and person-to-person mobile payments and contactless payments.
Retailer bebe suffers card security breach
December 5, 2014 - Women's clothes retailer bebe stores says that its payments processing system was hit by hackers last month, putting customer card data at risk.
Payments technology reaches critical inflection point
December 2, 2014 - The Ovum ICT Enterprise Insights * program, based on interviews with 6,500 senior IT executives, has revealed that the payments industry is set to be a key area of focus for banks across the globe in 2015.
Online merchants struggling with multiple fraud channels
December 2, 2014 - More than three-quarters of online merchants (79%) believe the growing proliferation of markets, purchasing channels and payment methods pose a significant challenge for effectively dealing with fraud, according to the Fragmentation of Fraud report released today by global payments specialist Worldpay.
European ATM Security Team publishes third fraud update for 2014
November 25, 2014 - The European ATM Security Team (EAST) has just published its third European Fraud Update for 2014.
Mobey Forum Research Reveals Banks’ Attitudes To HCE
November 19, 2014 - Global bank-led industry association, Mobey Forum, has published a white paper detailing the results of a survey that outlines the attitudes of its international membership toward the adoption of host card emulation (HCE). The survey reveals members' appetites for third-party support with HCE solution development and ranks their key criteria for the selection of a technology partner.
