transactions in news
Over 18? Equifax card lets you prove it online
News Steve Ely, president of Equifax Personal Information Solutions, in a statement: "With fraud and identity theft on the rise, companies need better, more secure ways to conduct transactions online and take their identity... [14 Nov 2008]
Betfair spins into financial trading
News Online betting exchange Betfair has spun off a new venture called Tradefair which it hopes will allow it to cash in on the retail derivatives space - a market it estimates is worth at least £650m per year. [10 Nov 2008]
Visa demos the credit card with its very own PIN pad
News According to a spokesman, the number of transactions authenticated by Verified by Visa in Europe has grown by 104 per cent in the last two years and, in the last 12 months, the service handled over 100 million... [10 Nov 2008]
ID card costs rise - but is the security weakening?
News The Home Office consultation documents said: "Most transactions involving the identity cards are likely to be visual checks of the card, or a local check of the information held on the card (e.g.using a scanner). [07 Nov 2008]
Banks beef up security for online banking
News Combining this two-factor authentication with the monitoring of accounts for unusual transactions would provide greater protection against fraudsters, he said. High street banks are preparing to increase password... [29 Oct 2008]
Four types of tech in demand during a downturn
News Other areas that could potentially do well in a downturn are transactions via mobile phones, electronic billing services and self-service systems such as branchless banking, according to the consultancy, along with... [28 Oct 2008]
Plastic's fantastic, despite economy being drastic
News According to Datamonitor, the value of transactions made with debit, credit and charge cards this year is expected to reach £594bn, up from £536bn in 2007.silicon.com Financial Services However, the research house found... [27 Oct 2008]
World Bank hit by cyber intrusion epidemic?
News The World Bank Group was first notified of the intrusions by the FBI in September 2007, when the bureau was investigating another cyber crime case involving transactions out of Johannesburg, South Africa. [13 Oct 2008]
Police fraud centre ready for takeoff
News She said: "I will have staff ensconced in that centre so that as reports start to come in, and industry has got somewhere to report fraudulent transactions, we can try to provide law enforcement. Detective superintendent... [02 Oct 2008]
Brits lose £120m to foreign card fraud
News Criminals are also targeting other channels where they can make transactions without chip and PIN, including phone, internet and mail order, where fraud increased to £161.9m, up 18 per cent on last year. [01 Oct 2008]
Barclays' encryption locks down £500bn
News Barclays is streamlining how it protects the corporate information that helps it carry out £500bn worth of transactions every day. The bank is rolling out enterprise-wide encryption and installing key management servers... [30 Sep 2008]
Visa banking goes wireless with Android, Nokia
News The Visa-Android deal calls for Chase Visa cardholders to use their Android phone for not only transferring money, but also to receive real-time email alerts when transactions happen on their Visa account; receive offers... [26 Sep 2008]
Turquoise outsources testing blues
News The system has been tested at a peak performance of 13,500 transactions per second, although the trading platform has been designed to cope with an average of 6,000 orders per second and latency of 1.8 milliseconds. [25 Sep 2008]
Lloyds TSB mobile banking goes beyond text
News At the back end, the service runs over the VocaLink network, which is already widely used by retail banks for transactions. Lloyds TSB has added a slew of features to its mobile banking service. From mid-October, Lloyds... [25 Sep 2008]
Dublin gets its own Oyster card-a-like
News The complete Integrated Ticketing System (ITS) will be able to handle up to two million transactions per day and could be extended to add internet top-ups and contactless retail payments. Dublin is to get its own... [24 Sep 2008]
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