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Aconite, supplier of smart card issuing and processing solutions to card issuers and processors globally, has announced the go-live of Aconite PIN Manager at Nets, the leading card payments processor in the Nordic region of Europe, whose clients include over 260 banks and who issue over 18 million cards. Nets needed a PIN management solution that [...]

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In the last few days there has been bad news for retailers and their ability to comply with card data security protocols to protect their customer card data from hackers. Target was forced to admit, in an update on its ongoing forensic investigation into the breach, that up to 70 million individual customer details have [...]

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With the explosion of mobile Remote Deposit Capture (RDC) demand, banks are seeing a shift in where RDC losses are occurring – from commercial and small business to consumer channels. Not surprisingly, alongside 10% growth in the number of check scanners deployed for commercial RDC over the past year has been a tripling in the [...]

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For several years I have been reading about flaws in home banking apps, but I was sceptical. To be honest, when I started this research I was not expecting to find any significant results – writes Ariel Sanchez of IOActive Labs. The goal was to perform a black box and static analysis of worldwide mobile [...]

The post Personal banking apps leaking sensitive data appeared first on Payments Cards & Mobile.

2013 saw Bacs Payment Schemes Limited, the company behind Direct Debit in the UK, process its 100 billionth transaction in the summer – that’s almost as many payments passing through its systems as there are people who’ve ever walked the earth. Records tumbled and milestones were passed as automated payments showed they’re still a huge [...]

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