payment card standard in news
Whitbread serves up £1m saving on card payments
News The implementation has also given the hospitality company the opportunity to upgrade 90 per cent of its card readers to Payment Card Industry standard. Hospitality group Whitbread has deployed an end-to-end card payment system that is expected to... [07 May 2008]
Nokia to release NFC phone this year
News In the near future the technology could also be used as an alternative to standard ticketing systems on public transport, or as a 'smart-card' style payment option at the point-of-sale in retailers. Nokia has announced its upcoming handset, the... [16 Apr 2008]
E-payments: Cheap as chips
News Andy Kyte, VP of analyst firm Gartner, said at the Gartner Symposium: "All consumers pay between three to five per cent more on goods purely to fund payment systems. E-payments also cost both shoppers and retailers money, Kyte said, but the amounts... [27 Nov 2007]
Online cash payments on the cards?
News There is already evidence that this is starting to happen as a number of major retailers are considering adding alternative payment methods to the standard debit and credit card. According to Ukash - one of the first online cash payment products on... [22 Oct 2007]
Barclays doles out 500,000 chip and PIN devices
News Barclays is the first organisation in the UK to roll out chip and PIN terminals to its customers and already offers an SMS text-alert payment confirmation system and anti-keystroke logging technology to combat potential fraud. [18 Apr 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]
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]
TCG: Mobiles need hardware-based security and DRM
News And, in the future, payment data such as credit card numbers will be added to the mix, the group said. In the future they could replace wallets, say industry pundits, with consumers whipping out a specially equipped phone instead of a credit card... [28 Sep 2005]
Chip and PIN heads for cyberspace
News There are around 140 million payment cards in circulation in the UK and 107 million are now chip and PIN cards. Apacs, the Association for Payment Clearing Services, which is overseeing the rollout, insists that the new cards are much more secure... [27 Sep 2005]
Get bank statements on your mobile
News A spokeswoman for the Association of Payment and Clearing Services, said: "This isn't providing two-factor authentication - what it's doing is providing a platform or an option. The other is card-based - what we're working on is an industry-wide... [13 Jul 2005]
HSBC rolls out anti-fraud software to card owners
News But a spokeswoman from the Association of Payment and Clearing Services said behavioural detection software is nothing new in the banking industry. HSBC is deploying anti-fraud software that detects unusual spending behaviour among its card holders. [12 Jul 2005]
MasterCard scandal: More details emerge
News More details emerged on Monday about the cyber break-in at a payment processing company that exposed more than 40 million credit card accounts to fraud. The probe also found that the Atlanta-based payment processor did not meet MasterCard's... [21 Jun 2005]
Skype rings up deal with C&W
News The deal with Moneybookers won't change SkypeOut's prepay nature, but it will allow customers with a Moneybookers account to use its payment system to top up their SkypeOut account. It claimed in July this year that SkypeOut users will lose out... [22 Dec 2004]
Philips sees phone and NFC wireless love affair
News Philips chips, for example, sit in the Oyster card that is now commonly used on the London Tube network for payment at barriers and the theory is that not long from now users will be able to place their mobile handsets next to the same readers. [22 Oct 2004]
Many UK retailers won't make smart card deadline
News More than a quarter of UK retailers are wary of moving to the latest Chip & PIN smart card technology for plastic card transactions, according to a survey conducted by Retail Logic, a maker of payment processing software, and the Retail Bulletin... [18 May 2004]
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