Category: E-payment & Data Security

January 21, 2020

Mobile phone payments are now more secure than traditional bank cards thanks to features like facial and fingerprint recognition technology. According to payment provider myPOS’ founder Christo Georgiev services like Apple Pay and Google Pay are “even more secure than […]

January 20, 2020

Amazon is working with Visa to develop a “non-contact biometric identification system” enabling customers to pay by waving their hands through a scanner, confirming rumours which emerged earlier this month. Payments giant Visa is understood to be helping Amazon test […]

January 17, 2020

Retailers, including J.C. Penney, Target and Amazon, have been investing in contactless payments, with varying levels of success. Going contactless within five years may sound like a stretch to some, but a report from London-based research firm RBR predicts that […]

January 13, 2020

A university study finds people increasingly attributing lifelike qualities to virtual assistants and warns this may cause them to reveal more personal information to the companies that use them than they otherwise would. “These agents are data gathering tools that […]

January 13, 2020

Amazon has “terminated” a number of employees who were found to have sold customer data to third party sources. The online retailer informed a number of customers via an email, seen by TechCrunch, that their data including email addresses and […]

January 7, 2020

After uncovering such a high level of insecurity among commonly used e-commerce apps, NowSecure advises consumers to delete all retail apps from their phones unless they are certain of their safety. “After extensive testing, NowSecure is issuing a global warning […]

January 2, 2020

From Nieman Marcus to Macy’s, StockX and Poshmark, retail data breaches have repeatedly made headlines for exposing consumers’ credit and debit card information. But while consumers may be watching their credit card and bank account balances for suspicious activities, another […]

January 2, 2020

More and more retailers are allowing customers to pay for products in installments, with big players such as H&M, ASOS and Topshop having the service readily available for shoppers. Research from Splitit, a global installment payment solution provider, found that […]

December 23, 2019

Magecart injects JavaScript into popular websites to skim for payment data through point-of-sale portals. The malware can check for card details and, once a validation is secured, the information is sent back to its operators. “While digital skimmers have been […]

December 5, 2019

When it comes to payment processing, 2020 will bring more options to the table. As the ways consumers pay for goods diversify, there’s a need for stronger security. The Rise of Generation Z Generation Z (folks born from the mid-90s […]