The PCI Security Standards Council (PCI SSC) has announced security requirements for software-based PIN entry on commercial off-the-shelf devices (COTS) such as mobiles and tablets. …
UK to consign rip-off card charges to history this week
The ban proposed by the UK government to end surcharges on the payments made through credit and debit cards is set to be effective from …
Visa suspends WaveCrest’s cryptocurrency debit cards
Visa has terminated Gibraltar-based cryptocurrency card provider WaveCrest from its network in Europe, leading to suspension of all associated debit cards. Wavecrest offers services to …
2018 will be shaped by Open Banking
Spearheaded by the European Commission’s revised Payments Directive (PSD2), banks that operate in the EU will, from 13 Jan 2018, need to provide ‘open access’ …
SEC to establish cyber security unit
The US Securities and Exchange Commission (SEC) has announced plans to create a unit to tackle cyber threat. The new unit will particularly focus on …