Kaspersky Lab has discovered an ATM jackpotting kit for sale on the Dark Web which provides step-by-step instructions for non-techies to crack open a cash machine.
Sir Tim Berners-Lee used his appearance at Sibos this morning to pitch the World Wide Web Consortium's efforts to streamline the online checkout experience and make payments more secure.
Hackers have stolen millions of dollars from banks in former Soviet states by breaking into their IT networks to increase overdraft limits on fraudulently opened accounts and then making ATM withdrawals.
Mastercard has opened its first innovation lab in India to work side-by-side with the local financial community on future technology breakthroughs in digital payments, data manipulation, financial inclusion and fraud prevention.
Europe saw a surge in the number of ATM black box attacks - where devices are attached to machines and command cash outs - in the first half of 2017.
Germany's savings banks are planning a mass-market roll out of contactless mobile payments technology in 2018.
With card breaches at retailers becoming an everyday occurrence, MasterCard is arming banks with a tool that helps predict which customer accounts are most at risk of fraudulent activity following a third party compromise.
UK startup Curve is promising to kill the dreaded job of doing expenses, letting users spend from all of their accounts on one card, sending the data straight to Xero accounting software.
Timex is to release a watch capable of making contactless payments by incorporating the Barclaycard bPay chip into the leather watchstrap.
The UK's new payment system operator has appointed former Nationwide Building Society exec Paul Horlock as chief executive, overseeing the consolidation of Bacs, the Cheque and Credit Clearing Company and the Faster Payments Scheme.
© Finextra Research 2017