Apple didn't include near field communication technology in the iPhone 5, a decision that one NFC backer said the company might come to regret. But several mobile payment experts said Apple probably made a good choice for now, given the ...
Tags: NFC, Apple, communication technology, iPhone 5
Romanian law enforcement authorities have dismantled a criminal group that stole credit card data from foreign companies as part of an operation that resulted in fraudulent transactions totaling$25 million. Officers from the country's ...
Tags: Romanian, card fraud, dismantl a criminal group, specialized online shop
IDG News Service-Bank of America Merchant Services will extend its mobile payments service to small retailers in December,allowing them to use smartphones and tablets as point-of-sale terminals. The entry of the country's largest ...
Tags: Bank of America, Mobile Payments, smartphones, tablets, sale terminals
Computerworld-The Isis mobile wallet network will launch Monday in Salt Lake City and Austin,Texas,the Isis consortium announced Wednesday after an earlier delay in the launch. In an emailed statement,Isis marketing head Jaymee Johnson ...
Tags: mobile wallet, Isis, NFC-ready
Many automated teller machines(ATMs)and point-of-sale(POS)terminals fail to properly generate random numbers that are required by the EMV protocol to securely authenticate transaction requests,according to a team of researchers from the ...
Tags: ATMs, POS terminal, EMV, secret encryption key, ARQC
Despite a years-long upgrade of Australia's payment systems, fraudsters are still profiting, leaving a questionable record for a vast program to equip debit and credit cards with new security features. For several years, Australia has ...
Tags: Australia, payment system, Cybercrime, EMV payment card