Technology

A mobile security expert in Germany says he found a flaw in the encryption technology of some mobile phone SIM cards holding personal and payment details.

Citigroup is migrating its commercial card business in Turkey to its global platform, as the bank plots additional moves into Russia and other markets.

Speaking during a House Judiciary Committee hearing this week on National Security Agency surveillance, representatives of the Obama administration did not rule out expanding surveillance beyond phone calls, the Associated Press reports.

TouchSuite says the cloud is the perfect place for salon owners to operate their point of sale systems.

Eat24.com has developed a new point of sale terminal and restaurant management system it intends to offer for free to help clients handle online food orders.

Adquira and Inetco are attacking payment-processing slowdowns by using cloud-delivered technology to track the performance of individual components of a transaction.

The PayVest event in New York, presented by PaymentsSource, American Banker and NYPAY, brought together many key players in emerging payments and technology. Many of them are taking different paths to the future.

The federal government says it may build databases of credit card transactions, hotel records and Internet searches as part of counter security measures.

PayPal increased its presence in Australian bars, cafes and restaurants today by securing agreements with hospitality technology companies EatNow, OrderMate and Beat the Q.

While independent sales organizations stringently keep up their compliance with the Payment Card Industry data security standard, they don't always protect non-payments data and paper records as diligently.