04 March 2014 The source code for Mt. Gox, the troubled virtual-currency exchange, has been leaked online by an anonymous hacker. Additionally, the person also disclosed to TechCrunch that he or she stole 20GB worth of customer information, including allegedly passport and other personal identification data. The...
04 March 2014 One of Citigroup’s banking affiliates, Banamex USA, is being hit by twin inquires related to fraud and money-laundering regulation compliance. Banamex, which provides banking services to communities in the United States and Mexico, recently revealed in SEC filings that it had been...
05 March 2014 Chicago’s First American Bank recently issued an advisory telling customers not to use their payment cards in local taxis. “We have become aware of a data breach that occurs when a card is used in Chicago taxis, including American United, Checker, Yellow, and...
05 March 2014 Global payment fraud-prevention and security technology company SecureBuy on March 4 announced the creation of a frictionless payment-fraud solution for mobile and online card-not-present payment processing. FICO, a predictive analytics and decision-management company, is powering the technology, according to the companies’ announcement. This...
06 MArch 2014 Mobile commerce provider CardFree is collaborating with payments technology provider Mercury Payment Systems. The partnership will enable CardFree to integrate bundle core payment processing and merchant acquiring into their already vast services list. “Mercury’s products and services provide a perfect complement to...
06 March 2014 Billeo Inc. is partnering with Danal to launch a mobile-identity solution for Billeo’s XpressBuy checkout system. The new service is intended to make online transactions more user friendly by reducing the number of steps necessary to complete online without sacrificing consumer security....
06 March 2014 Another day, another breach, this time cosmetics supplier Sally Beauty has seen its corporate databases hacked and the credit and debit card data of its customers exposed. According to security blogger Brian Krebs, a new batch of 282,000 stolen debit and credit cards...
06 March 2014 In what appears to be the latest executive casualty from the retailer’s security breach last December, Target Chief Information Officer Beth Jacob resigned her position effective yesterday. This comes as the retailer undergoes a major overhaul to its security and compliance...
07 March 2014 The technology that powers Cardinal Commerce’s latest expansion of its Universal Merchant Platform is now patent-protected in the United States. The Universal Merchant Platform allows for the secure processing of customer information in ecommerce transactions. “This new patent shows Cardinal’s Customers that,...