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.
More than 50 Percent of All Mobile Commerce Retailers Accepted Mobile Payments in 2013 But Fraud Threats Loom According to Study
February 3, 2014 - As retailers increasingly look to mobile as a way to generate revenue, fraud threats are impacting merchants to the tune of $283 for every $100 of actual fraud losses through the mobile channel, according to the LexisNexis® True Cost of Fraud(SM) Mobile Study released today. Conducted by LexisNexis and Javelin Strategy & Research, the study highlights key fraud issues effecting mobile retailers, while also articulating ways to combat retail fraud.
More US banks adding mobile payments technology
January 31, 2014 - A greater number of banks are embracing the trend towards mobile banking among their customers, according to a new report.
