Malware Targets Facebook Users
A common browser-based malware attack often targeted at online banking sites has now been configured to attempt and phish credit card...
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David Montague
Nov 1, 20211 min read
Global Payments Suffers Data Breach, Visa Revokes their PCI Compliance
Global Payments, a publicly traded payment processing company, recently announced that they had identified unauthorized access into their...
David Montague
Nov 1, 20212 min read
Consumers use Weak Passphrases too
An easier-to-remember alternative to passwords, passphrases are a sequence of random words that should provide more security than a...
David Montague
Nov 1, 20212 min read
Green Dot Makes Mobile Acquisition, Planning Mobile Wallet
Prepaid card provider Green Dot Corp. recently announced their acquisition of Loopt, a location-based mobile app, for $43.4 million....
David Montague
Nov 1, 20211 min read
Identity Fraud Increasing in the UK
A recent report from CIFAS, a membership association focused on fraud prevention in the UK, found that incidences of identity fraud...
David Montague
Nov 1, 20211 min read
Facebook Moves to Monetize Mobile App
Facebook recently formed an agreement with Bango, a mobile payments company based in the UK, to enable purchases directly from the...
David Montague
Nov 1, 20212 min read
Google Wallet Faces Security Concerns
A web security firm recently uncovered and made public the fact that they were able to gain access to the Google Wallet application by...
David Montague
Nov 1, 20211 min read
Will Microsoft Make a Mobile Wallet of Their Own?
A patent filed by Microsoft was recently released by the U.S. Patent and Trademark Office detailing a mobile wallet and payment service....
David Montague
Nov 1, 20211 min read
Visa Predicts Half of their Payments in Europe Will be Made via Mobile by 2020
Visa is confident in the future of mobile payments as they are planning to showcase mobile contactless payments at the 2012 Olympics in...
David Montague
Nov 1, 20212 min read
Google Wallet Gains Support from Additional Carrier: AT&T
Until just recently Google Wallet could only be used with NFC-enabled phones offered by Sprint, but AT&T customers can now also use...
David Montague
Nov 1, 20211 min read
PayPal Expands In-Store Payment Trial with Home Depot
PayPal is currently trialing their in-store payment service in about 50 Home Depot stores but will be expanding to over 2,000 Home Depot...
David Montague
Nov 1, 20211 min read
Survey Finds Increasing Consumer Comfort with Mobile Payments
A recent survey by KPMG found that 23 percent of U.S. consumers are “very willing” to use their mobile phone as a wallet while more...
David Montague
Nov 1, 20212 min read
The Mobile Wallet Wars Begin
Since launch Google Wallet has been available on the Samsung Nexus smartphone offered by Sprint, but when Verizon started offering the...
David Montague
Nov 1, 20212 min read
PayPal Predicts $7 Billion in Mobile Payment Volume for 2012
eBay’s CEO, John Donahoe, announced that PayPal is projecting their mobile payments volume to hit $7 billion globally in 2012 after...
David Montague
Nov 1, 20211 min read
Fraudster Posed as Debt Collection Company to Obtain Consumer Identities
A fraudster was sentenced to over 17 years in prison for devising a scam where he registered fake debt collection companies to gain...
David Montague
Nov 1, 20211 min read
Father-Son Fraud Team Had Multitude of Scams
Vladimir Zdorovenin was recently extradited to the United States on multiple charges after spreading malware and perpetrating various...
David Montague
Nov 1, 20211 min read
Woman Steals Nearly $1M Repeating Rudimentary Fraud for 7 Years
A woman working for the New York State Housing Trust Fund stole $944,000 from 2004 to 2011 by altering money orders given to her employer...
David Montague
Nov 1, 20212 min read
Zappos Suffers Data Breach, Now Faces Class Action Suit
Zappos, the large online shoe retailer owned by Amazon, announced a data breach on January 15th compromising 24 million consumer records....
David Montague
Nov 1, 20211 min read
Japanese Fraud Ring Members Arrested for Malware Scam
Six members of a Japanese fraud ring were arrested by police after distributing malware that rendered a victim’s computer unusable until...
David Montague
Nov 1, 20211 min read
Expect Fraud Rings to Focus More on Skimming This Year
According to some security experts fraud resulting from card skimming will further increase in 2012 as fraud rings continue to exploit...
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