Visa starts real-time mobile transaction alerts in US

The world's most famous Virgin - Richard Branson, not the other one - has confirmed that he's the latest investor in on-the-go credit card payment start-up Square, fronting an unspecified portion of the company's latest $100...

In an attempt to deal with card frauds and help money management, credit card provider Visa is to kick off trials of a new SMS notification service, which will notify a card holder via text every time his or her card is...

A data breach unveiled by Heartland Payment Systems, the 6th largest credit card processor in the US, seems all set to replace TJX Companies’ January 2007 infringement as the world’s largest ever data breach...

There was an excellent piece in the Telegraph yesterday about how researchers at HP's labs in Bristol have harnessed the power of quantum physics to make online payment card transactions more secure.The report comes after crypto...

Now here's an interesting case involved Asda in Peterhead - apparently, due to a glitch in the store's computer system, large numbers of debit card transactions took several weeks to clear.And, as a result, says the Aberdeen...

The House of Lords has supported the overturning of an earlier court decision that could have damaged confidence in e-commerce. The Lords ruled against Lloyds TSB, Tesco Personal Finance and American Express yesterday.Consumers...

Visa has indicated that it wants to move away from consumers relying on plastic cards for their transactions in Kenya, where it has around 70,000 card users, up 10,000 around ten years ago.Against that, the country has around...

It looks like the UK card issuing industry is bending over backwards to push the Visa payWave and MasterCard Paypass RFID cards as a means of buying stuff for under a tenner.According to Card Technology magazine, the acquiring...

According to the latest figures from Russia, card fraud is on the increase - now reaching 0.7 to 0.9 per cent of all card transactions in the country.I therefore find it amazing that Visa has announced plans from July 1 to cease...

It's fascinating to read about APACS and its ambitious plans to introduce quite complex card security systems for online and telephone card transactions.The ideas are quite valid, of course, but the problem is that - unlike the...

It looks like another major e-tailer in the US has had its card transaction database hacked, with the result that tens of thousands of shoppers from across the US, Canada and the UK may have had their card security...

I always use a credit card online - even for the smallest purchases. The reason? It's the bank's money, not mine. And if I used a debit card, it'd be my money at risk if the transaction or its allied data were to be...

I was highly intrigued to hear that British Airways has implemented Chip&Pin on board all its flights, claiming it is first UK airline to achieve `end-to-end' Chip&Pin accreditation.Despite what you're thinking, the...

With card fraud currently affecting more than seven million UK consumers and CNP fraud doubling in value as cardholder present chip and pin card fraud declines, how will card-dependant e-tailing in the UK continue its upward...

London is the capital of credit card fraud – and that’s official! The latest figures from Early Warning for Cardholder Not Present (CNP) fraud show that Greater London had the largest number of fraudulent transactions in the past...