What host card emulation means for mobile payment security

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The EMV card is a physical asset that provides security via encryption. The next step is to duplicate this security virtually.

FEATURES


Retailers launch comprehensive cyber intelligence sharing center

The R-CISC is an independent organization, the centerpiece of which is a Retail Information Sharing and Analysis Center (Retail-ISAC).

Learning from Heartbleed: 5 ways online retailers can stay safe and ready

Even with protections in place for standard security events, online retailers must understand that Heartbleed was truly an acute event.

ATM & Mobile Innovation Summit to explore Bitcoin, mobile payments

At the Sept. 10-12 event in D.C., speakers from across the payments ecosystem will discuss the future of the industry.

The collateral damage of a retail data breach

Effects of a breach go well beyond just the financial impact.

Report says Target knew about the data breach, but did nothing

The retailer had a working anti-malware system in place before the breach, but it was ignored.

Retailers commit to collaborative approach to reduce fraud

NRF said retailers are willing to do their part, but banks and card companies must also shore up the payments system.

Target, Neiman Marcus feeling the pain of data breaches

Target has lost nearly 85 percent of its brand equity on the values of trust and security.

Thieves tried to steal credit cards from Nordstrom

When you think of the name Nordstrom, what comes to mind? A large department store, with valuable products at fair prices? Crowds pushing and squeezing their way to critical mass as the last few items left on the sales rack...

PCI DSS 3.0 changes focus on risks, simplify compliance

New requirements focus on mitigating some of the most frequently seen risks that have led to data compromise.

M&S marks payment milestone

The retailer completed its deployment of contactless terminals and released significant usage numbers.

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NEWS


The latest payment breach victim may be Goodwill Industries

Brian Krebs, the noted security blogger whose recent claim to fame was breaking the news of the Target breach, reports in his blog that banks are reporting a series of breaches at Goodwill stores across the country. Goodwill Industries International operates 165 thrift stores in the U.S. and Canada.

Globally 3 in 10 consumers don't trust retailers with securing their data

A global fraud study of more than 6,100 consumers across 20 countries has revealed distrust among global consumers in retailers to protect their data. The new study, "Global Consumers: Concerned and Willing to Engage in the Battle Against Fraud," is...

Payment security data breach trends to receive scrutiny at September summit

Massive data breaches have raised questions about how to better protect consumers' personal and payment data. This will be the focus of a general session at the second annual ATM & Mobile Innovation Summit in September.

Survey says 45 percent of shoppers don't trust retailers to keep their data safe

Retail marketing firm Interactions has released its third Retail Perceptions trend report, "Retail's Reality: Shopping Behavior After Security Breaches." According to the report, 44 percent of shoppers surveyed have had personal information stolen from a security breach. The risk is...

Online course aims to eradicate employees' unsafe computing habits

The PCI Security Standards Council has teamed with Security Essentials to create a program designed to help businesses establish a culture of security.

Apple share of mobile POS dropped 15.5 percent in Q1

While the overall market for mobile POS is growing, Apple's share dropped to 56 percent in Q1 2014, down 15.5 percent from its Q4 2013 share of 66 percent.

Sam's Club claims 'first' among major retailers with move to EMV

Sam’s Club is set to become the first mass retailer to implement EMV chip-enabled technology, according to an announcement this week from MasterCard. The co-branded cards will be issued by GE Capital Bank. “MasterCard has taken a strong stance on the need for the U.S.

PCI Security Standards Council seeks proposals for 2015 special interest groups

The PCI Security Standards Council has announced the start of the PCI special interest group proposal period for 2015 projects. Beginning today through July 7, PCI participating organizations and members of the assessment community can submit ideas by filling out...

NRF announces cybersecurity initiative

The National Retail Federation is moving forward with the creation of a program that will provide retailers access to information on cybersecurity threats identified by retailers, government and law enforcement agencies and partners in the financial services sector. The program,...

VeriFone unveils its first handheld EMV-capable payment terminal with Bluetooth, 3G radio and Wi-Fi

VeriFone Systems has announced the VX 690, its first handheld EMV-capable payment terminal featuring Bluetooth, 3G radio and Wi-Fi connectivity. According to the company, the terminal's size, design and multiple connection capabilities meet merchants' mobile point of sale demands, especially...

EMV Migration Forum expects major increase in US chip adoption within a year

U.S. EMV chip adoption is poised for exponential growth in the next year resulting from an estimated 17–20 million EMV chip cards and millions of EMV-capable ATMs and POS terminals, the EMV Migration Forum announced at its March meeting. The...

BPC Banking unveils SmartVista for Retailers

BPC Banking Technologies, a provider of open system payment solutions for the global financial industry, has announced the launch of SmartVista for Retailers, the latest offering in its SmartVista suite of solutions. According to the company, SmartVista for Retailers is...

On Capitol Hill, retailers urge adoption of PIN-based cards

The National Retail Federation told the Senate today that it's time for an overhaul of the nation's fraud-prone credit and debit card system, saying banks' insistence on cards that use a signature instead of a Personal Identification Number puts merchants...

Infinite Peripherals approved by Visa Ready

Infinite Peripherals, a developer of mobile point-of-sale devices, announced that it has been approved by the Visa Ready program, which indicates that the company's Linea Pro 5 and Infinea Tab 4 mobile peripherals meet Visa's requirements for a reliable, convenient...

Most Americans hold retailers responsible for data breaches

Security software firm Feedzai has announced the results of its nationwide survey of U.S. adults, which found that 60 percent of those who knew about data breaches at notable retailers, such as Target and Neiman Marcus, hold the merchant responsible for preventing future incidents of a data breach.

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