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VASCO Launches DIGIPASS 836

VASCO announces DIGIPASS 836, an optical smart card reader with replaceable batteries

Google Working On Mobile Payment Technology

Technology will allow consumers to wave their Android phones on a reader to make payments.

ECS To Process MasterCard Payment Soln For Aadhaar

ECS has enhanced its electra platform to process 'Aadhaar's' biometric enabled transactions thus providing a secure and convenient payment mechanism for 'Aadhaar' holders.

US Firm Reveals Possibly Biggest Data Breach So Far

Heartland had discovered that unknown intruders had broken into its systems sometime last year and planted malicious software to steal card data carried on the company's networks.

Electra Secure From ElectraCard Services To Protect e-Commerce Deals

Electra Secure is a specialised offering from ECS to specifically cater to e-commerce (card not present) transactions comprising Electra MPI for acquirers of Visa and MasterCard products and Electra ACS for Visa and MasterCard issuers.

Hackers can hack any Visa credit card or debit card in six seconds

It can take hackers just six seconds, a laptop and an internet connection to hack any Visa credit or debit card, new research has revealed.

Google, Microsoft, Samsung digital wallets integrate with online banking services

Partnerships between technology companies and payment companies, have made online transactions more convenient to the end user, as well as merchants.

PayPal shares jump 18.1 percent as it performs better than market expectations

PayPal Holdings Inc reported a better-than-expected 18.1 percent rise in quarterly revenue and its margin forecast allayed concerns over costs associated with its payment network deals with MasterCard Inc and Visa Inc.

ATM security breach hits 19 banks, 641 people; Rs 1.3 cr stolen: NPCI explains how it happened

Genesis of problem was receipt of complaints from few banks that their customer’s cards were used fraudulently mainly in China and USA while customers were in India

Pre-Diwali panic as 3 million-plus debit cards 'tainted'; banks yet to disclose extent of card compromise

The problem has hit mainly debit cards, and several banks, including the State Bank Of India (SBI), have already started blocking their customers' debit cards and re-issuing fresh ones to them free of cost.