March 18, 2014
Inside Chase Merchant Services
I had the chance to visit with Mike Passilla recently to get the scoop on the Chase Merchant Services (CMS) Group he leads at Chase and the value it delivers...
March 17, 2014
New Security Group A Good Move, But Let’s Keep The...
You know the problem is serious when Visa and MasterCard come together on something. And the recent spate of merchant data breaches and fraud is the latest example. On Friday,...
March 17, 2014
Chase Paymentech’s Charron: Fraud Battle Involves Addressing Entire Payments Ecosystem
When managing fraud, processors, acquirers and merchants should look at the entire ecosystem of the transaction activity, not just the point-of-sale solution. And once that’s figured out, the key...
March 17, 2014
Mike Passilla Chase Merchant Services Speaks with Karen Webster CEO...
I had the chance to visit with Mike Passilla recently to get the scoop on the Chase Merchant Services (CMS) Group he leads at Chase and the value it delivers...
March 11, 2014
Underground Cybercrime Rings Responsible For Target Breach?
New evidence suggests that an underground cybercrime ring — or rings — may be involved in the merchant-data breaches taking place recently. The fact that point-of-sale malware can be acquired...
March 11, 2014
Security Experts Share BlackPOS Experience
Two security experts have shared a recent experience investigating the BlackPOS malware that is at the center of the growing merchant data-breach crisis. In an interview with KrebsOnSecurity, a technology security...
March 11, 2014
Target: Attacks Continued After Dec. 15
Target acknowledged this week that the holiday season point-of-sale malware attack continue for longer than previous admitted. Target CFO John Mulligan’s included the revelation in his testimony for an appearance...
March 11, 2014
S. Korea Suspends Credit Firms After Data Theft
Three credit agencies in South Korea have been suspended for three months in the wake of a large-scale data theft. The South Korean Financial Service Commission (FSC) suspended the Lotte...
March 11, 2014
Breaches Bring Cash Back In Vogue
Consumers are rediscovering their love for cash in the wake of the recent retail data breaches. As more data breaches become public, consumers are finding themselves increasingly less trusting of...
Cryptocurrency exchanges are grappling with the EU’s PSD2 as they look to craft seamless experiences for their global customer bases. In the “Authenticated Payments Report,” a PYMNTS and LoginID collaboration, Marcus Hughes, of crypto exchange Coinbase, explains how platforms must build authentication measures that satisfy consumers and evolving regulations.