Payment Systems

Hilton says some payment systems hit by malware

Hotel chain operator Hilton Worldwide Holdings Inc said on Tuesday it identified unauthorized malware in some payment systems that targeted payment card information. A third-party investigation found that the malware targeted specific payment card information, that included cardholder names, payment card numbers, security codes and expiration dates, Hilton said. The information targeted, however, did not include addresses or personal identification numbers (PINs), the company added. Hilton said customers who used their cards during a 17-week period - from Nov. 18 to Dec. 5, 2014 or April 21 to July 27, 2015 - were advised to check their bank statements. The owner of the Conrad and Double Tree hotel chains did not provide details on the number of cards affected. The news comes less than a week after rival Starwood Hotels & Resorts Worldwide Inc said that 54 of its hotels in North America had been infected with a malware designed to collect payment card data. Shares of the company were unchanged in extended trading on Tuesday. They closed at $23.45 on the New York Stock Exchange.

Banks Need To Further Move Towards Electronification

RBI promotes electronic payments for 'less-cash' economy

In a move to switch to a 'less-cash' economy, the RBI proposed to proactively promote electronic transactions and make them safe, efficient, interoperable.

Missed the bus? EBay steps up India biz to fend off rivals

The company hopes to bring its online payments business PayPal into India soon, which would help draw more online shoppers in a country where most online retail merchandise is sold on a cash-on-delivery basis

India's first 'talking' ATM for visually impaired inaugurated

The ATM by the Union Bank of India is the first of its kind for the visually challenged and 4000th in the countrywide network of the state-run bank.

Soon, 'Mobile wallets' will be on Canadian smartphones ?

Missed the bus? EBay steps up India biz to fend off rivals

The company hopes to bring its online payments business PayPal into India soon, which would help draw more online shoppers in a country where most online retail merchandise is sold on a cash-on-delivery basis

Google warns app developers: Use Wallet or else...

Google Inc has been pressuring applications and mobile game developers to use its costlier in-house payment service, Google Wallet, as the Internet search giant tries to emulate the financial success of Apple Inc's iOS platform.

Google warns app developers: Use Wallet or else...

Google Inc has been pressuring applications and mobile game developers to use its costlier in-house payment service, Google Wallet, as the Internet search giant tries to emulate the financial success of Apple Inc's iOS platform.

PayPal sparks furor over limits on 'obscene' e-books

PayPal, the online payments arm of eBay Inc , has sparked a furor in the publishing world by asking some e-book distributors to ban books that contain "obscene" themes including rape, bestiality or incest.