Internet drives growth in European card fraud - ECB
February 25, 2014 - Card fraud in the Single euro payments area (Sepa) increased in 2012 for the first time in four years, hitting EUR1.33 billion, European Central Bank figures show.
US state regulators investigate virtual currencies; Mt. Gox chief quits Bitcoin Foundation
February 24, 2014 - A collection of US state financial regulators has become the latest body to launch an investigation into bitcoin and other virtual currencies. Meanwhile, the boss of troubled exchange Mt. Gox has resigned from the board of the Bitcoin Foundation.
U.S. Bank trials voice biometrics security
February 13, 2014 - Employees at U.S. Bank have begun a pilot of new software that utilises voice biometrics to allow consumers to access their credit card accounts on mobile devices.
FIS Joins Forces with Microsoft to Advance Cybersecurity
February 12, 2014 - Underscoring its commitment to deliver information security excellence, FIS™ (NYSE: FIS), the world's largest provider of banking and payments technology, announces its selection by Microsoft as a partner in the fight against cybercrime. The global companies signed a partnership agreement today at Microsoft's Cybercrime Enforcement Summit in Redmond, Wash.
Congress looking to Chip and PIN to fight security breaches
February 6, 2014 - US Congress is looking into the possibility of speeding up the rollout of Chip and PIN terminals in the US, and associated credit and debit card technology to combat the recent spate of security issues experienced by major retailers, such as Target.
Hacked Target hastens migration to chip cards
February 5, 2014 - Target has promised to accelerate its $100 million programme to roll out smart card technology in stores to help guard against further fraud.
Electronic Payments Coalition calls for data security collaboration
February 4, 2014 - The Electronic Payments Coalition issued the following statement regarding recent merchant data breaches and the security of the electronic payments system:
PCI Council testifies before US Senate Committee
February 4, 2014 - Today, the PCI Security Standards Council (PCI SSC), an open global forum for the development of payment card security standards, testified before the U.S. Senate Subcommittee on National Security and International Trade and Finance.
