-
This week's big bust of a credit card theft ring emphasizes the difficulty issuers face in locating fraudsters and the limitations of technology that can go only so far in mitigating the threat.
February 7 -
Many companies are idling while the U.S. considers its options for handling the migration to chip cards from magnetic-stripe cards. Even a company based in the UK finds itself stuck.
February 7 -
Visa's quarterly earnings increased by 26% from a year earlier, and its financial outlook for 2013 has also brightened, the company said Feb. 6.
February 6 -
A new partnership between Western Union Co. and Carrefour Group will provide money transfer and bill pay services at the big-box retailer's stores in Argentina, the companies announced Wednesday. In addition, Western Union extended its existing relationship to provide money transfer services at Walmart Canada locations.
February 6 -
The EMV smartcard standard is so commonly combined with a PIN code that most consumers know it simply as "chip-and-PIN." But Visa and MasterCard don't agree on whether PIN use should be a priority when the U.S. adopts the EMV standard.
February 6 -
NCR Corp. announced Feb. 6 that it has closed its purchase of Retalix Ltd., a retail software provider.
February 6 -
MADISON, Wis. Credit unions are being urged to reach out to members for a new national savings lottery, SafeYourRefund Sweepstakes, which will reward one tax saver with a $25,000 grand prize.
February 6 -
A crime ring based in New Jersey created thousands of fake identities to obtain 25,000 credit cards and steal more than $200 million in one of the largest scams of its type, the Justice Department said.
February 6 -
A café chain in northern New England is telling its customers that hackers may have breached the company’s payments system. The Works Bakery Café is a small target but its experience is indicative of a bigger trend in data security.
February 6 -
The Europay, MasterCard and Visa (EMV) and Single Euro Payments Area (SEPA) standards don't appear to have a lot in common, but there is one alarming similarity — the tortoise-like pace of migration which threatens deadlines for both.
February 6
