Industry News
Fraud Blog posts tagged “Industry News”.
iPhone to Become Top Enterprise Smartphone, Merchants Should Prepare Accordingly
According to a recent forecast from research firm IDC, iPhones will be the top company purchased smartphone through 2016 as enterprises are…
Nov 2, 2021 · 2 min read Industry NewsIsis, PayPal, Visa Continue to Test and Develop Mobile Payment Methods
More mobile payment methods and wallets are testing and preparing for commercial launch with mobile joint venture Isis starting trials in…
Nov 2, 2021 · 2 min read PaymentsMobile Wallet Providers, Carriers, Issuers and Card Associations Form Mobile Payments Committee
The four major wireless carriers in the U.S. along with financial institutions, card associations and mobile wallet providers have formed…
Nov 2, 2021 · 2 min read Industry NewsMore Merchants Accepting Payments Over Mobile Devices, More Competitors Entering this Space
In June Square announced that they are now processing $6 billion annually while VeriFone and Intuit compete with similar product offerings…
Nov 2, 2021 · 3 min read Industry NewsNFC Retail Payments Forecasted to Reach $180 Billion Globally by 2017
In a recent report from Juniper Research it was predicted that the total global mobile payment volume will reach $1.3 trillion by 2017 with…
Nov 2, 2021 · 2 min read Case StudiesOrchestrated Global Attacks Steal $11 Million with Prepaid Card ATM Withdrawals
In a highly organized and orchestrated attack, money mules across the world cashed out prepaid debit cards withdrawing millions of dollars…
Nov 2, 2021 · 2 min read Case StudiesOrganized Fraud Attack Compromised Merchant POS Systems with Malware
Two men from Romania were extradited to the United States last May after being accused of running a fraud operation that installed malware…
Nov 2, 2021 · 2 min read PayPalPayPal Expands Brick-and-Mortar Presence via VeriFone POS Terminals
eBay owned PayPal first announced their mobile wallet and push into Customer Present payments in late 2011. Now following trials with their…
Nov 2, 2021 · 2 min read Industry NewsPhishing Responsible for $687M in Global Losses for First Half of 2012
According to a recent report from security firm RSA, phishing attacks in the first half of 2012 have accounted for more than $687 million…
Nov 2, 2021 · 2 min read Case StudiesPRESS RELEASE: Failure to Conduct Proper Email Notifications on Account Usage
Failure to Conduct Proper Email Notifications on Account Usage and Account Changes Costs one Bank over $400,000 Sarasota, FL, July 31, 2012…
Nov 2, 2021 · 6 min read Data BreachPRESS RELEASE: New and Pending Legislation and Regulations Affecting eCommerce
Sarasota, FL, May 16, 2012 / Internal Release - Since the onset of the Internet in the early nineteen-nineties governments have adapted…
Nov 2, 2021 · 2 min read Industry NewsProposed Bills Prevent Employers from Requiring Access to Private Accounts
In recent years it has become more common for employers to require job applicants and current employees to provide their passwords for…
Nov 2, 2021 · 1 min read