Facial recognition kiosks at Canadian malls draw privacy complaints

Kiosks with facial recognition cameras have raised objections at Calgary, Canada, shopping centers after a picture of one of the kiosks was posted on Reddit, according to CTVNews.ca. Shoppers interviewed by CTV Calgary said that consumers should be made aware...

Consumer security fears overshadow future of biometric payments

Consumer security concerns could jeopordize the future of biometric payments, which are otherwise poised for growth, according to a new report from secure network provider Transaction Network Services. Vital Insights into Biometric Payments Adoption, an independent report commissioned by TNS...

Consumers still wary about security with mobile banking, payments

Nearly 6 in 10 consumers pay bills on line, but half of this group have concerns about the security of doing so, according to Expectations & Experiences: Consumer Payments, a new consumer survey from Fiserv Inc. Further, consumers are interested...

Macy's alerts customers to credit card data breach

A small number of Macy's.com and Bloomingdales.com customer data was breached between late April and mid June. Customers were informed of the data breach via a letter, according to USA Today. The retailer did not specify how many customers were...

Consumers want personal advertising, claims new data

Today's consumer want personalization when it comes to marketing and advertising, with seven of 10 saying they prefer content and ads tailored to their interests and shopping habits, according to new data from Adlucent. Personalization needs may even outweigh privacy...

Sears, Kmart, Delta customer data hit in cyber attack on software provider

The payment data of Sears, Kmart and Delta Air Lines customers may have been compromised in a cybersecurity attack on a software service provider. The breach, which happened in late September 2017 at [24]7.ai, was resolved on October 12 the...

Panera website leaked customer data, claims security researcher

Panera Bread's website "leaked" millions of consumer data records, from emails to credit card digits, for at least eight months, according to a KrebsOnSecurity report. The compromised data includes records relating to consumers signed up to order food online via...

Saks, Lord & Taylor offer free credit monitoring service following breach

In the wake of a data breach, Saks Fifth Avenue and Lord & Taylor are offering consumers a free credit monitoring service. The data hack, discovered at the end of March, affected 5 million customers of the two retailers, which...

Under Armour investigating MyFitnessPal hacking incident

Data on 150 million MyFitness Pal app accounts has been hacked, according to a Reuters report. The Under Armour app accounts were hacked in February and compromised data includes user names, emails, and passwords.

Saks Fifth Avenue customer data hit by hackers

Up to 5 million credit and debit cards have been compromised by hackers, and parent company Hudson's Bay is investigating the security breach. "Once we have more clarity around the facts, we will notify our customers quickly and will offer...

Payments Canada launches new credit risk model

Payments Canada, a financial market infrastructure for payments, is deploying a new credit risk model to boost safety and the soundness of existing systems.It's the first major enhancement on the organization's multiyear payments modernization strategy, according to a press release....

Banks now testing Visa biometric EMV card

Visa has initiated pilots with Mountain America Credit Union and Bank of Cyprus of a new EMV dual-interface payment card, making these the first commercial pilots to test an on-card biometric for contactless payments, according to a press release. "The...

Less credit card fraud reported on Black Friday, Cyber Monday

Not only were sales robust across the retail spectrum this past Black Friday-Cyber Monday timeframe, but the incidents of online retail credit card fraud took a dip — a drop of 29 percent, according to data from iovation. The drop...

Amazon's Whole Foods suffers credit card breach

As consumers still grapple with a massive Equifax data breach, reports indicate Whole Foods' shoppers are likely facing a similar issue. Amazon's Whole Foods Market reported last week that payment card data has been taken from venues within some stores,...

Study: Consumers OK with IoT payments, but want control over purchase

Nearly half of consumers in the U.S. polled for a Worldpay survey said they would feel comfortable with a connected device, such as a refrigerator, ordering items on their behalf, according to a press release from the company about the...

Study: Consumers not keen on facial ID for payments

A Juniper Research survey reveals more than 40 percent of iOS users in the U.S. consider themselves unlikely to use facial recognition as a payment security technology. Contactless payment users consider fingerprint sensors and voice recognition more appealing authentication methods,...

Retail cybercrime may spike due to Equifax hack

Consumers and retailers are likely to be dealing with the aftermath of the major hack at credit reporting firm Equifax. The hackers took data that can be used to hack shopper profiles on retail sites, according to a New York...

Many retailers getting hit by cyberattacks twice a week

Cyber attacks on retailers are averaging twice a week, with 16 percent of retailers reporting an attack or attempted attack every day. The data from Zynstra, an IT software provider, reveals 11 percent of retailers are seeing an attack incident...

Study: Most mobile app users hesitant to give info when signing up

Mobile app users are concerned about the security of their information when they register for a new app, according to a new survey conducted by B2B research firm Clutch. Nearly 90 percent of respondents said security of personal information shared...

Study: Retailers set to lose $71B in CNP fraud in next 5 years

New Juniper Research data reveals retailers stand to lose $71 billion globally from fraudulent card-not-present transactions over the next five years, according to a press release. The research found that a number of factors, such as the U.S. shift to...

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