Vantiv partners AT&T on mobile payments
January 14, 2014 - AT&T and Vantiv, Inc., a leading provider of payment processing services and related technology solutions, announced today the availability of new payment products that deliver highly-secure, integrated and speedy on-the-spot mobile transactions to businesses of all sizes.
Target confirms malware responsible for data theft and admits 110m impacted
January 13, 2014 - US retailer Target has confirmed that hackers infected its point-of-sale (PoS) terminals with malware to steal the details of millions of customers, with the latest estimate of the numbers' affected rising to 110 million.
Target raises numbers hit by data breach from 40 million to 70 million
January 10, 2013 - US retailer Target says that up to 70 million customers may have had their card details compromised during a data breach incident in December, far more than the initial 40 million estimate.
Financial technology crucial for Australian banks
January 7, 2014 - The next 20 years will see Australian banks turn towards innovative financial technology to offer support for customers embracing mobile banking and new payment methods.
The Clearing House calls for 'safe evolution' of US payments system
December 5, 2013 - The Clearing House (TCH) today issued a working paper entitled U.S. Payment System: Recommendations for Safe Evolution and Future Improvements that offers recommendations on how best to evolve the existing payments system.
Mobile payments increased 19.5% on Cyber Monday
December 3, 2013 - Cyber Monday saw millions of Americans turning to smartphones to access the bargains and deals provided by retailers.
Shift to e-payments saves Mexican government $1.2bn annually
December 3, 2013 - The Mexican Government is saving an estimated MXN $17 billion (US$1.27 billion) per year thanks to a concerted and well-planned shift to electronic distribution of many government payrolls, pensions and social benefits, according to a study released by The Better Than Cash Alliance.
Logic Group P2P encryption tech gets PCI SSC validation
November 21, 2013 - The Logic Group, UK's leading Payment Service Provider, today announced that Solve DataShield, its Point to Point Encryption (P2PE) solution, is the first in the UK to achieve validation by the Payments Card Industry Security Standards Council (PCI SSC).
