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Tag Archives: Payment systems

29Jan/18

Secret Service issues ‘ATM jackpotting’ alert

January 29, 2018FinanceAlert, ATM, ATM usage fees, Automated teller machines, Automation, bank, Disaster/Accident, Economy, financial services, Money, Payment systems, SMS banking, U.S. Secret Servicesmbale

The U.S. Secret Service this week issued an alert to banks warning banks about an ATM exploit known called “jackpotting.” Continue reading →

01Sep/17

10th anniversary of contactless in UK

September 1, 2017FinanceBarclaycard, Barclays, Business/Finance, Cashless society, Company: barclaycard, Company: Barclays, Contactless payment, Country: United Kingdom, Credit cards, Debit cards, Finance, financial services, Mobile payments, MobilePay, Money, Payment systemssmbale

September marks 10 years since Barclaycard introduced contactless payments to the UK. As Kate King reports it’s since expanded to include wearables and mobilepay – bringing the idea of a cashless society one step closer. Continue reading →

17Sep/16

Millennials say ‘no’ to debt

September 17, 2016FinanceAdam Levin, Business/Finance, cellular telephone, Country: United States, Credit, Credit card, Debt, Demographics, Economy, Emperor Shun, Finance, Millennials, Money, New York Fed, Payment systems, Personal finance, Stefanie O'Connell, US Federal Reservesmbale

Millennials shun any kind of debt, especially credit cards, and their reluctance to pull out the plastic could have lasting repercussions for the financial system and the economy, according to an expert.

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29Jul/16

ATM skimming – how to spot ATM skimmers

July 29, 2016FinanceAsynchronous Transfer Mode, ATM, Automated teller machines, Automation, Cash machine, Credit card fraud, Global ATM Alliance, Identity theft, Payment systems, Skimsmbale

This animation explains the practice of automatic teller machine (ATM) skimming, a common form of fraud that involves a compromised ATM that allows criminals to access bank accounts.
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07May/16

co-founder of digital currency operator Liberty Reserve, Arthur Budovsky

Digital currency firm co-founder gets 20 years in U.S. prison

May 7, 2016LegalArthur Budovsky, Business/Finance, Country: United States, Cryptocurrencies, Digital currency, Digital currency exchanger, Gold Age, Law/Crime, Liberty Reserve, Money laundering, Payment systems, Private currenciessmbale

The co-founder of digital currency operator Liberty Reserve, Arthur Budovsky, was sentenced to 20 years in prison for what prosecutors say was a money laundering operation of unprecedented size and scope.

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30Sep/15

U.S. businesses, cardholders slowly embracing chip technology

September 30, 2015SecurityChip technology, chip-enabled processing systems, Credit cards, CreditCards.com, CreditcardsCom Inc, Deadline, EMV, Eve, MasterCard Inc, Matt Schulz, Payment, Payment systems, Stephanie Ericksen, Thomson Reuters Corp, United States, Visa Inc., Wells Fargo & Cosmbale

U.S. businesses on the eve of a big deadline – the switch to a new, more secure chip-based payment system – but many aren’t ready.
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02Mar/15

Visa and Samsung Bring Mobile Payments to the New Samsung Galaxy S6

March 2, 2015MobileBusiness, Business/Finance, Economics, Electronic commerce, ISO standards, Mobile payment, Mobile telecommunications, Near field communication, Payment systems, Samsung Electronics, SAMSUNG ELECTRONICS CO .LTD, Technology, Technology/Internet, United States, Videotelephony, Visa Inc.smbale

Visa technology facilitates secure consumer payments with the new Samsung Galaxy S6
Mobile payment service by Samsung available in the U.S. starting summer 2015
Continue reading →