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Pat Carroll

Chip and Signature, a Paradise Lost

By now, most participants in the US payments industry are finally about to realize that the day of the mag stripe is doomed and that EMV, the secure payment card technology rolled out in Europe nearly...

28 Oct 2014
Disruption in Retail Banking
Pat Carroll

Payment Card Data Theft At The POS - Time To Knuckle Down

Recently, I wrote a piece highlighting some of the startling data released on the true costs of fraud published in a report by Lexis Nexis. This report examined the costs of fraud across a number of d...

13 Oct 2014
Innovation in Financial Services
Pat Carroll

More Channels, More Payment Options, More Fraud

Payment fraud is one of the greatest threats to global commerce today, yet it remains one of the hardest to quantify and or course, prevent. That is why I found the recent webinar hosted by LexisNexis...

23 Sep 2014
Innovation in Financial Services
Pat Carroll

iHack Hastens Call for Multi-factor Authentication

“If only I would have known” is a phase that Jennifer Lawrence, Kate Upton and possibly as many as 100 celebrities and notable personalities are likely saying after a reported massive breach of Apple’...

05 Sep 2014
Information Security
Pat Carroll

'PSD2' a Much-Needed Step To Uniformity and Accountability

Payment Services Directive 2.0, Why “PSD2” is A Much-Needed Step Towards Uniformity and Accountability in the European Payments Industry Rules and regulations serve many purposes, from ensuring that

18 Aug 2014
Innovation in Financial Services
Pat Carroll

The Next Target-Style Attack This Holiday Season?

Remote Access Vulnerabilities and “Backoff” PoS Malware to Lead to Potential Next Wave of Target-Style Attacks this Holiday Season Data breaches, identity theft and stolen payment card credentials are...

11 Aug 2014
Innovation in Financial Services
Pat Carroll

Securing Transactions Means More Than Just Authentication

The payments world is all abuzz about the potential of biometrics to solve many of the serious payment security issues we now face. Not only does biometric authentication – be it voice, iris or even A...

10 Jul 2014
Innovation in Financial Services
Pat Carroll

'Trust but Verify' : Trust in Data Protection and Mobile

No matter what part of the payment industry you’re in, earning and retaining your customer’s trust is paramount. In light of numerous data breaches and even government spying, companies the world over...

13 Jun 2014
Innovation in Financial Services
Pat Carroll

Chip and Skim Cards: Renewed Need for Layered Authentication

In the ongoing game of one-upmanship between hackers and payment fraud prevention technology, new research presented at the 35th IEEE Symposium on Security and Privacy suggests that the fraudsters hav...

03 Jun 2014
Innovation in Financial Services
Pat Carroll

Proposed legislation puts consumers back in the driving seat

Recent developments at the European Parliament have proven to be a key milestone for the European Commission's data protection reform. Parliamentary support is now ensured for vital legislation which...

25 Mar 2014
Innovation in Financial Services
Pat Carroll

How do we achieve 'The Holy Grail' in contactless payments?

Hot on the back of the recent news of Europe’s largest department store group El Corte Inglés taking the plunge towards contactless, yesterday’s Finextra report highlights new figures from WorldPay s...

28 Feb 2014
Innovation in Financial Services
Pat Carroll

Malware , the Achilles Heel of Mobile Adoption

Malware is hitting mobile like nobody’s business. It is a sad fact of life - hackers, fraudsters, cyber-criminals and the like will never go away and will evolve and adapt as our payment landscape ev...

30 Jan 2014
Innovation in Financial Services

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