Tokenization is a good move forward as it builds on the gains of PCI and the global adoption of EMV standards.
Tokenization is a good move forward as it builds on the gains of PCI and the global adoption of EMV standards.
The eBay owned popular digital payment and money transfer service, PayPal has been found to be vulnerable to a critical web application vulnerability that could allow an attacker to take control over users’ PayPal account with just a click, affecting more than 156 millions PayPal users.
An Egyptian security researcher, Yasser H. Ali has discovered three critical vulnerabilities in PayPal.
Google announced that many of its “Captchas”—the squiggled text tests designed to weed out automated spambots—will be reduced to nothing more than a single checkbox next to the statement “I’m not a robot.”
Docker is the hottest new idea in the world of cloud computing, a technology embraced by Silicon Valley’s elite engineers and backed the industry’s biggest names, including Google, Amazon, and Microsoft. Based on technologies that have long powered Google’s own online empire, it promises to overhaul software development across the net, providing a simpler and […]
The post The Biggest Thing in Cloud Computing Has a New Competitor appeared first on WIRED.
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Earlier this year, Autodesk gave middle and high school students in the US its software suite as part of President Obama’s ConnectEd project. As of today though, the design-minded outfit is offering its wares, like AutoCAD and Fusion 360, for educati…
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HughPickens.com writes Damon Darlin writes in the NYT that Apple pay is revolutionary but not for the reason you think. It isn’t going to replace the credit card but it’s going to replace the wallet — the actual physical thing crammed with cards, cash, photos and receipts. According to Darlin, when you are out shopping, it’s the wallet, not the credit card, that is the annoyance. It’s bulky. It can be forgotten, or lost. "I’ve learned while traipsing about buying stuff with my ApplePay that I can whittle down wallet items that I need to carry to three": A single credit card, for places that have not embraced, but soon will, some form of smartphone payment; a driver’s license; and about $20 in cash. Analysts at Forrester Research estimate that over the next five years, US mobile payments will grow to $142 billion, from $3.7 billion this year. "If I were to make a bet, I’d say that 10 years from now the most popular answer from young shoppers about how they make small payments would be: thumbprint. And you’ll get a dull shrug when you ask what a wallet is."
Read more of this story at Slashdot.
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The guide summarizes implementation considerations for issuers, acquirers and merchants, as well as the responsibilities of EMVCo.
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SP+, a parking facilities management company, reported that it had been breached and hackers used malware to access payment card data.
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