A computer registered to UK payments body Apacs was used to anonymously rubbish research by Cambridge University academics into vulnerabilities in the Chip and PIN system.
Hypercom Corporation (NYSE: HYC) announced today that its Artema Modular unattended payment terminal and P2100 PIN Pad have received Apacs (Association of Payments And Clearing Services) Common Criteria accreditation for use in the UK.
Brits are turning away from credit to debit cards during the recession, according to payments association Apacs.
Brits continued to turn away from cheques and towards plastic debit cards to make payments in 2008, according to figures from Apacs.
Hypercom Corporation (NYSE: HYC) announced today that its PCI compliant S9 PIN Pad has received Apacs (Association of Payments And Clearing Services) Common Criteria accreditation in the UK.
Online banking fraud losses in the UK reached £52.5 million in 2008, a whopping 132% increase on the previous year's tally of £22.6 million, according to annual fraud figures released by payments association Apacs.
The Faster Payments Service has beaten its previous daily record, announced in December 2008, of processing nearly four million payments, to a value of nearly £730 million, Chaps Co confirms today (6 March 2009).
2008 highlights from the full year's data include:
APACS, the UK payments association, today (13 February) issued December 2008 spending figures, which show that spending on plastic over the Christmas period reached £32.3 billion, with £4.7 billion* spent online.
In 2009 the cheque celebrates its 350th birthday, with of one the earliest cheques known to be in existence in the UK dated 16 February 1659*. To commemorate this event, the Cheque and Credit Clearing Company, the industry body that manages the cheque clearing system in Great Britain, has launched a report, 'The Great British Cheque', that charts the life and times of the cheque.
© Finextra Research 2013