EMV

The number of POS terminals in Nigeria grew from 150,000 in 2017 to 543,000 in April 2021, according to Statista. During that period, the volume of POS payments in the country also…

ZirooPay raises $11.4M to scale its mobile POS solutions for retailers across Nigeria

RSA Security has spun out its fraud and risk intelligence business into a standalone company called Outseer that will double down on payment security tools amid an “unprecedented” rise in…

RSA spins off fraud and risk intelligence unit as Outseer

Electric vehicle charging stations could become one of the next big targets for fraudsters — thanks to proposals in several state that researchers say would weaken their security. Most electric…

Card readers at electric vehicle charging stations will weaken security, researchers say

Police in Lower Pottsgrove, Pennsylvania have spotted a group of thieves who are placing completely camouflaged skimmers on top of credit card terminals in Aldi stores. The skimmers, which the…

New credit card skimmer worked in plain sight at Aldi stores

MasterCard is trialling a Chip and PIN bankcard that includes an embedded fingerprint reader, introducing a biometric authentication layer for card payments — and taking a leaf out of the…

MasterCard trials biometric bankcard with embedded fingerprint reader

As usual Mr. Krebs has some great images of a credit card skimmer found in the wild. This model uses Samsung phone parts and lays right over the Ingenico card…

New skimmers fit right on top of chip and PIN credit card scanners

Just when you thought it was safe to slip your card in a slot ATM skimmers have gotten just a bit smarter. New devices called Shimmers can now read your…

Thieves now use “Shimmers” to grab Chip/PIN card data

You’ve likely seen the headlines about consumer frustration with the transition to EMV payment cards in the U.S., most of which centers around how long the payments take versus good…

Square hopes to ease the EMV transition with faster transaction times

The Stratos Card is about to jump in the deadpool. The company behind the universal credit card is shutting down, TechCrunch has confirmed from several sources. Founded in 2012 by…

Stratos Card To Shut Down Just Six Months After Launching

Heists used to be so much effort — you’d need a gang, machine guns, a getaway car and long, meticulous planning. Nowadays, all you need is a couch, a laptop…

Why Apple Pay Is Our Best Hope To Stop Online Fraud

With the arrival of Apple Pay and, more recently, Android Pay, consumers are becoming more comfortable with alternative ways of paying that don’t involve credit card swipes. And now, with…

The PayPal Here Card Reader Comes To U.S. With Support For EMV, Apple Pay, Android Pay & More

The cyber breaches and system hacks affecting Target, Home Depot, Neiman Marcus and other large retailers over the past two years have resulted in billions of dollars of credit card…

Europay, MasterCard, Visa: A Primer

Square is set to bring its payment card reader for mobile devices in line with modern tech used most places in the world outside of the U.S. – today it…

Square Reveals A Reader For Chip Payment Cards Ahead Of Coming U.S. Launch