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Opinion
Mobile Pay Security Risk is too Large to Manage Internally
The Sony Pictures web attack may have led you to question whether your own business was secure and if the information your clients provide via different payment methods can be breached, causing mistrust between business owner and vendor.
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Staples Inc., the largest U.S. office-supply retailer, said 1.16 million payment cards may have been affected in a series of data breaches that occurred from July into September. more »
One of the taunts posted in place of the Payza blog.
Payment processor Payza's blog suffered a Web attack on Friday, Dec. 19, though the company said the assailants did not compromise sensitive business information. more »
Daniel Kornitzer, chief product officer at Optimal Payments.
Optimal Payments has released a series of onboarding and developer options in an attempt to stay nimble amid the growing market of companies that use application programming interfaces (APIs) to offer transaction capabilities to retailers. more »
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Nearly a decade ago, the Federal Financial Institutions Examination Council told banks that passwords are not enough to guard financial data, and many companies scrambled to evaluate new and sometimes bizarre alternatives. more »
BlueSnap's Ralph Dangelmaier hopes to capitalize on the outsourcing trend
Heading into 2015, merchants weary from data breach fallout and worried about stricter PCI guidance will likely turn to third parties for payment security over a do-it-yourself approach. more »
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In a breach incident that illustrates how long a company can do business without knowing fraudsters are potentially stealing its card data, Charge Anywhere LLC informed its merchants it has found and shut down malware that initially entered its network five years ago. more »
Mike Matan, head of global network business at American Express.
As card networks develop tokens to stand in for account numbers in online and mobile commerce, they may be able to standardize the experience across all companies that handle payments, said Mike Matan, general manager of global network business at American Express. more »
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Rallying its members to wipe out passwords, the Faster IDentity Online Alliance — an organization of more than 150 payments and technology businesses — released standards Dec. 9 for multi-factor e-commerce authentication. more »
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