PIN

Visa launches a card with a keypad in Europe: more secure online payments?

June 4, 2010 - 8:54am | News | Plastic cards
Visa launches a card with a keypad in Europe: more secure online payments?

For customers in Europe MasterCard launched a new payment card which is equipped with a keypad and eight-character display for showing a one-time passcode in a move to provide additional protection against fraud when performing online transactions.

Among other things Visa’s new product CodeSure can be used as a chip-and-PIN (personal identification number) card, where people enter into a terminal a four-digit pin that is confirmed by a microchip.


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GlobalDigitalPay: life after the death, just how better is it?

May 4, 2010 - 9:07am | Analytics | Articles
GlobalDigitalPay: life after the death, just how better is it?

After its sudden disappearance from online the website of an ecurrency service GlobalDigitalPay is now live again. It loads with no problems and users can log into their accounts. Interestingly, the comeback of the payment processor was not smooth and stable, as the website worked with some problems which were ascribed by the company to another DDoS attack.
 
It should also be noted that the website returned to its usual operation with several delays.


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USSA simplifies its customers’ financial transactions accomplishing

March 3, 2010 - 6:52am | News | Mobile finances
USSA simplifies its customers’ financial transactions accomplishing

Leading financial services provider for members of the military community and their families, USAA, introduces its new quick logon and authentication security software.

USSA’s new solution will provide its mobile users with faster, more secure mobile logon access to their banking, insurance and investment accounts.


1 point

iPhone/iPod users now can bank online with PSCU application

November 6, 2009 - 11:21am | News | Mobile finances
iPhone/iPod users now can bank online with PSCU application

 Easy on-demand access to financial information is the driver behind the explosive growth of mobile banking. PSCU Financial Services, the nation's largest credit union service organization, has made its mobile banking platform even more cutting edge with the launch of new iPhone and iPod touch applications, which are now available.


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Ericsson is launching a mobile payments system?

October 20, 2009 - 2:11am | News | Mobile finances
Ericsson is launching a mobile payments system?

Ericsson unveiled its plans to implement platform, Web PIN Opt-in, enabling consumers to buy online content such as news stories with the charge billed to their mobile phone rather than other payment methods, such as a credit card.

 Web PIN Opt-in platform is designed to solve a few problems related to selling content online. Thus, potential customers may be deterred from buying content if they don't have a credit card. Also, some customers may be uncomfortable with using a payment card online due to security issues.


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Dynamic Card Solutions introduces PIN solution in Canadian card market

September 29, 2009 - 10:59am | News | Plastic cards
Dynamic Card Solutions introduces PIN solution in Canadian card market

 Dynamic Card Solutions (DCS), the leading provider of instant issuance and PIN selection solutions for banks, credit unions and retailers that issue magnetic stripe, EMV and contactless cards, today announced a partnership with Ontario-based Threshold Financial Technologies Inc. (Threshold) to offer financial institutions a comprehensive EMV PIN change and card issuance solution using DCS’ patented CardWizard® software. 


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Customers at JJ Buckley Fine Wines can pay with debit cards through PaySecure

September 9, 2009 - 12:07pm | News | Plastic cards
Customers at JJ Buckley Fine Wines can pay with debit cards through PaySecure

Acculynk reported that JJ Buckley Fine Wines, a premier provider of high quality wines, has enabled PaySecureTM on its Ecommerce website. PaySecure allows JJ Buckley customers to pay with their debit card and PIN right at the merchant checkout, adding an extra layer of security and convenience to their online transaction.


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Eastern European ATMs infected with card data stealing malware

June 29, 2009 - 11:36am | Fraud | News
Eastern European ATMs infected with card data stealing malware

UK-based Trustwave uncovered a malware that hit ATMs in Eastern Europe. The malware allows hackers to collect card data and PIN codes via the machine's receipt printer. It is installed and activated through a dropper file by the name of isadmin.exe and has been found on machines running the Windows XP operating system. Once installed, the attacker can interact with the ATM by simply inserting a controller card and accessing an array of command options via the machine's keypad.


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“The most widespread crime type we face” is ATM skimming

May 28, 2009 - 5:54am | Fraud | News
“The most widespread crime type we face” is ATM skimming

According to The ATM Industry Association skimming is one of the industry's most recurrent fraud threats. The practice of fraud in Frederick, Maryland first was revealed in April, when the PNC Bank ATM was equipped with skimming device as police of Frederick said.

That device recorded customers’ cards numbers. A video recording device was placed near the ATM. As police thinks such placement was done in order to capture personal identification numbers entered into the machine.


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How to choose a proper password to defend your money?

May 21, 2009 - 11:39pm | Analytics | Articles
How to choose a proper password to defend your money?

A significant number of computer break-ins are a result of a poorly chosen password. Do you want to protect your e-mail or online bank account from security breaches? Think twice before choosing a password. 

Trying to access your sensitive financial information, financially-motivated hackers use password guessing, social engineering and dictionary attacks. If your password shows no imagination or distinctiveness, it will become an easy prey.


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Acculynk’s PaySecure solution for PIN debit available now at 2Checkout.com

May 6, 2009 - 9:35am | News | Plastic cards
Acculynk’s PaySecure solution for PIN debit available now at 2Checkout.com

Acculynk, a technology provider with a suite of software-only services that secure online transactions, announced that 2Checkout.com, a $220M reseller of over one million tangible and digital products and services, added its PaySecure payment method for Internet PIN debit. Now users of 2Checkout.com can pay for online purchases with PIN debit.

 


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Mashreq partners with PayMate for mobile payments

April 6, 2009 - 9:40am | News | Payment systems
Mashreq partners with PayMate for mobile payments

Mashreq has announced it was partnering with PayMate, in order to launch mobile payments in the UAE. 

It is forecasted that the payments will include paying for over-the-counter shopping, utility bills, online purchases through mobile phones, as well as mobile applications for purchasing movie and flight tickets. The service is to become the first-of-its-kind mobile payment service in the country. 


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Is Hannaford Bros liable for compromised 4 million credit cards?

April 3, 2009 - 7:26am | Fraud | News
Is Hannaford Bros liable for compromised 4 million credit cards?

A federal judge, D. Brock Hornby, revealed he would decide in the next few days whether parts or the entire suit of Hannaford Bros should go forward. 

The case of Hannaford arose after hackers stole credit and debit card numbers, expiration dates and PIN numbers from people shopping at Hannaford supermarkets during the period of Dec. 7, 2007 and March 10, 2008.


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Barclays rolls out contactless debit card

March 3, 2009 - 10:03am | News | Plastic cards
Barclays rolls out contactless debit card

Barclays has announced the launch of its contacltess debit cards containing RFID technology, which enables them to use the debit card for transactions of up to ten pounds without having to enter a PIN.

However, the fact that the protocol behind the contactless technology has not been made available to academic security researchers is causing many security risks says Cambridge University researcher Steven Murdoch.


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Police interferes in online auction selling

January 20, 2009 - 2:19pm | News | Other themes
Police interferes in online auction selling

The police ask people who sell goods on online auction sites for clearing in their accounts BEFORE they send the goods. And they should be sure that the money for the goods has definitely been received.
This warning was made by the police after four incidents in December 2008 in the North of Leicestershire. In fact the sellers sent items in the post to buyers in West Africa, Nigeria in particular, only to discover the money wasn't in their account.  


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