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A total of 360,083 North American Citigroup credit card accounts were affected by a recent breach of customer's names, emails, account numbers and transaction histories. This is a breach that could have been avoided by inserting simple access controls.
June 22 -
Billtrust has launched a mobile edition of its online billing and payment software, the company announced July 21.
June 22 -
Mobile-payments service provider ChamsMobile Ltd. soon will launch mobile funds-transfer services in Nigeria, enabling citizens there to make payments for retail purchases and receive remittances from overseas connections.
June 21 -
Mobile-payments service provider ChamsMobile Ltd. soon will launch mobile funds-transfer services in Nigeria, enabling citizens there to make payments for retail purchases and receive remittances from overseas connections.
June 21 -
The rise of online and mobile banking plus new regulatory pressure on debit card interchange are converging to spark explosive growth in credit and debit card merchant-funded loyalty programs, a new report suggests.
June 21 -
Public fallout from the data breaches that have affected Citigroup and other large enterprises in and out of finance in recent weeks has reached the political push back stage, with both Sen. Patrick Leahy (D-Vt.) and Rep. Mary Bono Mack (R-Calif.) hoping the events will breathe new life into data protection legislation that’s failed in the past.
June 21 -
WASHINGTON – The Obama administration's push to create a national standard for when and how banks and other companies must notify customers of a data breach appears to be gaining momentum.
June 21 -
Fiserv's upgrades to key processing software could remove another roadblock in the way of the many banks that want to speed up their ACH payments.
June 21 -
Harbor Community Bank has signed an agreement to receive credit card acceptance, check-guarantee and recurring-payments services for hundreds of business clients through US Merchant Services Inc., the companies announced June 16.
June 21 -
Joining the growing raft of processors rolling out advanced data-encryption services to help protect cardholders at the point of sale, Elavon Inc. on June 20 announced a portfolio of products and services dubbed Safe-T Suite.
June 20