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.

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.

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.

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.

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.

July 9, 2014 - Bit9® + Carbon Black, the leader in endpoint threat prevention, detection and response, today announced the results of a cyber security study which show that only 12% of IT organisations in the UK are completely confident that their endpoints are compliant with PCI DSS V.3.0. This points to poor cyber-security safeguards for those systems that process credit card payments and handle customers’ personally identifiable information (PII).

July 4, 2014 - Europe's financial institutions should steer clear of virtual currencies such as bitcoin until a regulatory regime is in place, the European Banking Authority (EBA) has warned.