B&N: PIN pad tampering was "sophisticated" crime
(AP)—Barnes & Noble Inc. said Wednesday the tampering of devices used by customers to swipe credit and debit cards in 63 of its stores was a "sophisticated criminal effort" to steal information, and reiterated it's working ...
College students and credit card debt—parents at fault?
Parents need to be good role models to help their children make sensible financial decisions, according to Adam Hancock and his team, from East Carolina University in the US. Their work highlights that parents who argue about ...
Potential debt problems more common among the educated, study suggests
(Phys.org)—Before the financial crash of 2008, it was highly educated Americans who were most likely to pile on unmanageable levels of debt, a new study suggests.
One-fourth of Americans victims of data breach
Twenty-six percent of Americans have been told their personal information such as password or credit card number may have been exposed by a data breach, a survey showed Monday.
Groupon launches payments service in US (Update)
Groupon launched a payment service Wednesday that allows businesses to accept credit cards using an iPhone or iPod Touch, becoming the latest company to enter the growing mobile payments market.
Square raises $200 mn to expand mobile platform
Square, the tech startup which allows small businesses to take payments through smartphones, said Monday it has raised $200 million as it gears up for global expansion.
Hacker group retaliates after member arrested
The hacker group known as Anonymous on Thursday posted credit card numbers in retaliation for what it claimed was an FBI raid arresting one of its members.
App firm say it may be source of Apple breach
A digital publisher said Monday it was likely the source of a data breach which resulted in the leak of personal data from as many as 12 million Apple iPhone and iPad users.
Chinese credit card usage growing quickly, study finds
(Phys.org)—In the past two decades, the Chinese economy has undergone many drastic reforms in an effort to compete more effectively on the international market. These reforms included allowing foreign banks to offer credit ...
PayPal to offer in-store payments thru Discover
PayPal is expanding its brick-and-mortar payment services to more than 7 million stores across the U.S. in a partnership with Discover Financial Services.
Chip and pin terminals shown to harvest customer info
Better technology driving credit card fraud down: ECB
Improved technology has driven down credit card fraud in Europe dramatically, the European Central Bank said Wednesday in its first-ever report on the issue.
Russian held in Cyprus on US hacking charge
A Russian national accused of cyber attacks on the online retail giant Amazon.com in 2008 has been arrested in Cyprus, US officials said Thursday.
US court sentences Estonian hacker to prison
An Estonian national was sentenced Wednesday to seven years in prison for hacking schemes involving the theft or sale of more than 240,000 credit card numbers, officials said.