05 September 2015

All security news

Zapp to use behavioural fraud tech to protect mobile users

02 September 2015  | 2 comments | 17 tweets | 7 linkedin

UK m-commerce outfit Zapp is to use fraud detection technology from Cambridge University spin-off Featurespace to protect users of its 'Pay by bank' app at launch later this year.

Payments UK sets out vision for 'world class' services

28 August 2015  | 0 comments | 17 tweets | 10 linkedin

Trade association Payments UK has vowed to improve access to payments infrastructure and give customers more control over transactions as part of a drive to ensure Britain has a "world class" system.

A man has been given an 18 month prison sentence for hacking into hundreds of phones belonging to Aviva in an act of revenge against his former company, a security vendor contracted by the insurance firm.

Target and Visa reach data breach settlement

18 August 2015  | 1 comments | 6 tweets | 6 linkedin

Visa has reportedly reached a settlement of up to $67 million with Target to reimburse member banks for expenses accrued following the massive 2013 data breach at the US retail chain.

MasterCard trials selfie payments in the Netherlands and US

18 August 2015  | 3 comments | 53 tweets | 45 linkedin

MasterCard is embarking on two pilots, one in the US and one in the Netherlands, which use facial recognition technology for payment verification.

Chinese man sets up fake bank branch

18 August 2015  | 0 comments | 18 tweets | 15 linkedin

China is well known for its fakes, with 20% of consumer products in the Chinese market counterfeit. But it's not just Apple phones and designer handbags that are being copied, bank branches appear fair game too as one of the country's biggest banks sees its brand hijacked by a bogus high street outlet.

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