payment credit card companies
Locking down financial security
Comment While overall card fraud is falling, instances of online fraud are rocketing, according to UK payment association Apacs. In 2006, internet fraud reached £154.4m, accounting for 73 per cent of card-not-present fraud. [24 Dec 2007]
Top 10 financial services stories of the year
News What is needed is a low value contactless payment card, said Visa, which was lucky because it has recently launched one to solve that very problem. Gartner's forebodings for cash were made real with a number of commitments from credit card... [17 Dec 2007]
Solutions for Complying with PCI-DSS
White Paper The Payment Card Industry Data Security Standard (PCI-DSS), produced and governed by the major credit card companies, comprises directives to reduce fraud.Citrix Application FirewallTM, along with other Citrix solutions, provide compliance... [08 Nov 2007]
Is cash costing you three days per year?
News Visa Europe is one of a number of credit card companies that have rolled out a contactless payment credit card in partnership this autumn. Unsurprisingly, Visa Europe is advocating a contactless payment system for purchases of £10 or less as a more... [29 Oct 2007]
PCI DSS Made Easy: Addressing the Payment Card Industry Data Security Standard (PCI DSS)
White Paper Consequently, organizations that accept payment card transactions are duly bound to comply with PCI DSS by end of 2007. Major credit card companies are pushing hard to stop the financial fraud incidents that have affected numerous organizations and... [06 Jul 2007]
IT and compliance: A risk management 'odd couple'
Comment For example, the industry-enforced PCI-DSS standard for credit card payment handlers specifies conditions such as the application and configuration of personal firewalls. Encryption is proving a popular technology to protect data, says Pironti... [02 Jul 2007]
Cheat Sheet: Chip and PIN
Cheat Sheet Unless you carry foreign bank or credit cards or some type of other chip card, such as Chip and Signature, you will have to learn those four digits. Since Chip and PIN was launched Apacs, the UK payment industry body, says it has had a significant... [13 Jun 2007]
Revealed: World's largest security breach
News The security breach involving CardSystems, a third-party processor of payment data for banks and merchants, resulted in the exposure of credit card numbers for 40 million accounts - a figure comparable to the TJX case. [30 Mar 2007]
Handheld credit card readers to cut fraud
News This generates an eight digit number - valid for one transaction - which customers enter online or give to a phone operator to secure the payment. Apacs has developed the system, which uses a handheld card reader, from the global standard created... [15 Feb 2007]
RE:Viewing 2006: The year in financial services
News Another big compliance deadline came and went in July, when non-US companies listed on US exchanges had to meet regulations of one of the most talked-about elements of the infamous Sarbanes-Oxley Act, first introduced in 2002.saw the 40th... [19 Dec 2006]
Re:Viewing 2006: The year in retail and leisure
News It wasn't the best of years for online gambling sites, to say the least, as new US legislation made it unlawful for credit card companies to collect payments for transactions with US online gambling sites. [18 Dec 2006]
Credit card companies forge security alliance
News The newly formed Payment Card International (PCI) Security Standards Council will manage the PCI Data Security Standard, first established in January 2005 with the intention of making its implementation more efficient for all parties involved in a... [08 Sep 2006]
Plastic fantastic - the future of credit cards
News But with contactless payment projects from the likes of MasterCard and Visa, and Transport for London - which uses the Oyster smartcard ticketing system - looking to move into contactless payments, could it spell the end for the credit card? [04 Jul 2006]
Google to make online shoppers pay
News Websites and merchants can integrate Google Checkout into their sites as an alternative payment processing method to existing checkout and credit card processing systems, said Salar Kamangar, vice president of product management at Google. [29 Jun 2006]
Cheat Sheet: NFC and contactless payments
Cheat Sheet Alternatively, NFC cards or phones can be stocked up in advance with credit and then used as payment. Three manufacturers are the front-runners when it comes to getting NFC off the drawing board and into our pockets: Samsung has committed to the... [20 Apr 2006]
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