Post Tagged with: "card security"

Primary Fintech Innovation Defined, and Why Klarna Fits the Bill

Primary Fintech Innovation Defined, and Why Klarna Fits the Bill

by December 24, 2014 at 12:38 am 1 comment

Primary innovation is doing something that has never been done before. Most primary innovation is ridiculous and fails without anybody noticing. Very, very rarely, primary innovation changes the world and the company that creates the innovation becomes a Unicorn. Secondary innovation wins by giving a twist to that primary innovation.Read More

Everyone Wants Under the Apple Tree

Everyone Wants Under the Apple Tree

by September 15, 2014 at 3:02 pm 0 comments

Never in the history of payments has there been such a media-frenzied, corporate disrupting and consumer-captivating moment as last week’s unveiling of Apple Pay.

SunTrust Rolls Out EMV Cards — Way Ahead of Schedule

SunTrust Rolls Out EMV Cards — Way Ahead of Schedule

by June 20, 2014 at 11:42 am 1 comment

The clock is ticking on EMV adoption, but one bank, at least, is ready.

Amex Shows the Dark Side of Security Hype, Just in Time for Christmas

Amex Shows the Dark Side of Security Hype, Just in Time for Christmas

by December 24, 2013 at 10:44 am 0 comments

The recent Target credit card scandal has colored last-minute Christmas shopping with fear — fear of security breaches and lackluster controls and privacy. No doubt, American Express should add to that fear. The federal government today slapped American Express — officially the company’s American Express Centurion Bank — with more thanRead More

Breach Means More Retailer Card Fraud

by November 27, 2012 at 11:42 am 0 comments

Over the past five years a scam known as electronic funds transfers at the point of sale (EFTPOS ) skimming. People commonly swipe both credit and debit cards through the in-store machines to pay for goods and services and hackers have figured out how to skim customer cards. In Australia,Read More

Credit Card Processors Targeted In Hacker Attacks by Poxxie

by November 20, 2012 at 12:59 pm 0 comments

A European hacker broke into a U.S. company’s computer network and stole 1,400 credit card numbers, account holders’ names and addresses, and security codes. The hacker, nicknamed Poxxie, sold the stolen credit card data to other cyber criminals through his own website, CVV2s.in, for $3.50 per credit card. The maliciousRead More