US govt warns retailers about new POS malware family
August 1, 2014 - The US government has put out an alert warning retailers about a new family of malware, dubbed Backoff, targeting point-of-sale systems.
Finally, Sepa migration deadline day arrives
August 1, 2014 - After a 15 year slog, the Single euro payments area (Sepa) hits a major milestone today with the full implementation for credit transfers and direct debits in the euro area.
Apple talking to Visa about mobile payments - report
July 25, 2014 - Apple is in talks with Visa as it ponders launching a mobile wallet this autumn, according to tech site The Information.
Fed updates non-cash payments report to include mobile wallet data
July 25, 2014 - The 2013 Federal Reserve Payments Study Detailed Report, released today, provides new information on the payments landscape including updated results on the intensity of card use by consumers and businesses; further discussion of previously released information on third-party payments fraud; new estimates of over-the-counter cash withdrawals and deposits at bank branches and wire transfers made by businesses and consumers; and discussion of emerging and alternative payments likely to replace traditional payments such as cash and checks.
Police make StubHub cybercrime ring arrests
July 24, 2014 - New York authorities have charged six people accused of being part of an international criminal gang which used stolen card data to buy thousands of event tickets through eBay-owned StubHub.
Romanian cybercrime network dismantled
July 18, 2014 - European authorities say they have dismantled a Romanian-dominated cybercrime network that used a host of tactics to steal more than EUR2 million.
Botnet takes advantage of weak passwords to hack POS systems
July 10, 2014 - Security firm FireEye says it has discovered a botnet that is sniffing out point-of-sale systems and using brute force techniques to hack them and steal card data.
The end of verification? Visa Europe posits new age for payment security
July 9, 2014 - Executives at Visa Europe are pondering an overhaul of card security standards as new technologies and consumer preferences for frictionless shopping create demands for a more flexible approach to protecting transactions.
