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Developers Work To Combine NFC With Blockchain for POS Transactions

So far, neither near-field communication nor blockchain has been a blockbuster technology for payments in the U.S. market, but now developers are working on combining the two in a way they hope will...

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Five Firms Hit by ‘Crypto-Sweep’ in Alabama as Regulators Step up Operation

Cease and desist letters have been sent to five crypto companies operating in Alabama, as part of the ongoing “Operation Crypto-Sweep.” The campaign, led by the North American Securities Administrators...

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The Extortionists Behind Ransomware Are Demanding Dramatically Higher Sums

Phishing attacks, typically launched via email, were the vector in 30% of cases, with software weaknesses accounting for the remainder. For the fourth quarter, the number of unique phishing reports...

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The security of pretty much every computer on the planet has just gotten a...

(CNN)The security of pretty much every computer on the planet has just gotten a lot worse, and the only real solution — which,of course, is not a solution — is to throw them all away and buy new ones...

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Biometrics Scare Sends a Reminder About the Need for Thorough Data Protection

What appears to be only a scare about a breach of fingerprint data from a kiosk deployer is sending a reminder to the payments industry that biometrics are no panacea for data-security problems. “Any...

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COMMENTARY: A Look at the Top 4 Security Trends for 2017 in the Payments...

After years of card-data breaches and other bad news, four very encouraging trends are emerging that bode well for better security. Here’s a quick look at all four: Integrators are taking the QIR...

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US to Hand Over Control of the Internet ‘Address Book’ to ICANN

A tiny branch of the U.S. Commerce Department is preparing to hand over control of the Internet’s “address book”—the highest level of the Domain Naming System, or DNS—to the Internet Corp. for Assigned...

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‘Digital ID’ Is the Solution for EMV’s Online Blind Spot

In order to successfully and scalably combat card-related fraud and digital payments hacking, organizations need to rely less on standards like EMV and PAN/PRN, and recognize today’s currency is no...

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‘I Need Knowledge:’ Merchants Express Befuddlement About EMV, Breaches,...

Merchants would like nothing more than to decipher what they call the “mysteries” of the payments universe, a select group of them told attendees Thursday at the Western States Acquirers Association...

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Credit Card Surcharging Expected To Continue Despite Rejection of Interchange...

“Visa is disappointed by the decision of the U.S. Court of Appeals for the Second Circuit,” a Visa spokesperson says in a statement. “We are reviewing the specifics of the ruling and will decide our...

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