EMV transactions near 60 percent globally, lifted by US adoption

December 7, 2017

In the 12 months leading up to June 2017, 59.9 percent of card-present transactions globally used EMV technology, an increase from 42.4 percent in the previous…

Discover rubs out signature requirement for card-present transactions

December 7, 2017

Beginning in April 2018, Discover will no longer require signatures at the point of sale for credit and debit transactions on the Discover Global Network in…

TIO Networks breach might have exposed 1.6M consumer records

December 5, 2017

TIO Networks, the bill payment platform acquired this summer by PayPal, has said that a security vulnerability could have exposed the personal information of…

Bitcoin ATMs laundering money in London, police say

December 5, 2017

Authorities in London have said that criminals are using the city's bitcoin ATMs to launder the proceeds from drug sales and other illicit activities.

Malware-delivery botnet Andromeda bites the dust

December 5, 2017

An international cyberoperation involving law enforcement agencies and private sector partners has dismantled Andromeda (aka Gamarue), one of the…

FIs face disconnect in consumer desires for innovation, security

December 1, 2017

Despite the banking industry's efforts to embrace innovation, consumers in the U.K. remain wary about sharing their data, according to a recent survey by NCR…

European cops bust ATM skimming, card-fraud crew

December 1, 2017

Four key members of an international criminal network responsible for ATM skimming, card counterfeiting and payment fraud were arrested Nov. 30, during a joint…

Global Financial Switch Chooses TSS Encryption Solution for Mobile Wallet Application

With more than 20,000 employees in over 80 countries and over $5B of 2016 revenue, this Midwest-based TSS client needed a customized, compliant encryption…

Presented by Trusted Security Solutions, Inc.

West Coast Bank Employs TSS Automated Security Key Management System

Self-service kiosks are changing the way the world does practically everything. Even though kiosks grow in prevalence, many do not contain the built-in, secure…

Presented by Trusted Security Solutions, Inc.

Do bitcoin and blockchain have a future in financial services?

Distributed ledger technology undoubtedly has characteristics that could improve payment processing efficiency and security ... if financial service providers…

Cyberfraud 'a worrying trend' in UK; 5M cards canceled in 1 year

November 28, 2017

Ten percent of U.K. adults (approximately 5 million people) have canceled a payment card within the last year due to attempted cyberfraud, according to a new…

TMD intros ATM security management software to monitor, deter ATM attacks

November 27, 2017

TMD Security has introduced a security management software portfolio that includes security kit monitoring, profile management, access management and ATM fraud…

Skimmer Scanner turns tech tables on fraudsters

November 26, 2017

Spark Fun, a tech company, has developed a mobile app to help consumers determine whether a gas pump has been outfitted with a card skimmer.

FSS AadhaarPay earns Best Alternative Payments honors

November 26, 2017

FSS AadhaarPay, a biometric-enabled payment acceptance solution based on India's national identity number system, Aadhaar, has won Best Alternative Payment in…

TMD Security’s new ATM Security Management Software combined with security technology defends against skimming, physical attacks including explosions and malware

SINGAPORE--(BUSINESS WIRE)--TMD Security announced today the release of its Security Management Software portfolio that includes Security Kit Monitoring…

TSS intros hardware encryption support for mobile wallets

November 20, 2017

Trusted Security Solutions Inc., developer of the A98 ATM key management system, now supports FIs and card issuers with hardware encryption for mobile wallet…

FIs to funnel spending into fight against digital channel fraud

November 20, 2017

Mobile and online are emerging as financial institutions' most convenient and least expensive delivery channels, but both face a major challenge: fraud.

Nigeria's Central Bank plans to trade in ATM PIN for bio ID

November 20, 2017

The Central Bank of Nigeria is working toward the eventual replacement of the ATM PIN code with biometric identification.

ThreatMetrix forecasts a flood of Black Friday cyberfraud

November 17, 2017

With online purchases poised to exceed those in physical stores this holiday season, Black Friday 2017 could be the busiest day ever for cyberattacks on…

US Bank app implements location services for purchase verification

November 14, 2017

U.S. Bank has added location services to its mobile banking app, allowing Visa credit and debit card customers to use their phone's location to help verify…