As US card fraud rises, firms increase security spending
April 4, 2014 - US credit card fraud increased last year despite efforts by firms to beef up their security, according to an Association for Financial Professionals (AFP) survey.
Hackers steal Texas liquor store chain customer data
April 3, 2014 - More than half a million people may have had their card data stolen after a data breach at Texas wine and liquor store chain Spec's which dates back 18 months.
Online payment start-up PayStand secures $1 million funding
April 2, 2014 - PayStand, a next generation online payment solution, today launched its service enabling organizations to easily accept multiple payment options online, all without transaction fees to the merchant.
FIS Fosters US EMV Adoption with Visa Agreement
April 1, 2014 - FIS™ (NYSE:FIS), the world's largest provider of banking and payments technology, and its NYCE® Payments Network today announced a licensing agreement to make the Visa® EMV ® debit solution available to all NYCE participants.
Retail bank IT spending to hit $152.2 billion by 2018 - Ovum
March 28, 2014 - Global retail bank IT spending is tipped to hit $152.5 billion by 2018 as banks worldwide focus on digital delivery channel investment to attract customers, according to research by analyst group Ovum.
PCI security vendor Trustwave named in Target breach suit
March 26, 2014 - PCI security vendor Trustwave has been accused of failing to detect vulnerabilities in Target's handling of credit card data ahead of last year's data breach, according to a law suit filed by Trustmark National Bank of New York and Green Bank of Houston.
California DMV probes card data breach
March 24, 2014 - The Californian Department of Motor Vehicles is investigating a potential security breach within its credit card processing services.
SmartMetric preps fingerprint-activated EMV card
March 21, 2014 - SmartMetric (OTCQB: SMME) is readying to move into production of its fingerprint activated EMV chip credit and debit card.
