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One thought about RFID with the contactless keyring or indeed Bank Cards or Travel Cards that seem to be springing up everywhere with varying degrees of success. Limited channels, i.e. RFID can only r...
Granted we could use a dodgy algorithm to turn the fingerprint image into gobbledegook and send that around the countryside (along with the gobbledegook creating readers) and when a single person's bi...
Police in La Crosse (WI) issued a Crime Stoppers alert and video surveillance video of a woman wrongly suspected of using a stolen credit card at a convenience store. Two different women carried out ...
Legally speaking, we can't expect the PCI to keep up with the criminals. Therefore the legal system (Federal Trade Commission) is wrong to punish merchants like Hannaford and TJX for credit card brea...
European exchanges had best get ready for another round of fierce price cutting following the announcement by the US-based Bats ECN that it is to set up an operation in London. The Bats ECN launched ...
The Hannaford card security breach is a worrying development for the payment card industry. The exploit - which would appear to be an inside job - exposes weaknesses in the PCI compliance standards ex...
For the last two years there has been no end of so called experts announcing how MiFID would totally change the securities market in Europe. Noticeably their message of gloom was modified as MiFID nea...
From the public filings of the US Federal Communications Commission - a mobile phone manufactured by Mobicom but branded by Citibank. The phone has no numeric keypad but instead uses basic navigation...
The below mentioned piece of wisdom arrived in my inbox yesterday. Appears to be one of the many profound pieces of wisdom on the subprime mess. It makes good reading; although can't decipher how to g...
The action's heating up. This is going to be interesting to see how it shapes up and the impact it starts having on payment mechanisms here. Is there anyone who's a part of Obopay or any of their 'par...
In the search for ways to lower your institution's carbon footprint - mobile phone transactions and mobile ID verifications are a winner. Your customers already have a mobile and they are being purcha...
The important issue, in my mind, is how did the fraudsters obtain the ATM PIN codes.