New Delhi: Global credit card giant MasterCard is investigating a possible breach of cardholder information, says The Wall Street Journal. The breach was reported by Krebs On Security blog and which also said that MasterCard's rival Visa was also informing card-issuing banks about a breach involving a US-based payment processor. None of the credit card companies have indicated which payment processor was the source of the breach. WSJ quotes MasterCard...
08:58 PM, Mar 30, 2012
Reuters: Security researchers said they found a vulnerability in the Google Inc mobile payments platform which is currently available in phones sold by Sprint Nextel Corp. Mobile payment services that allow consumers to pay by waving their phone at a check-out terminal, instead of using a credit card, have long been available in Japan and some other countries but are only just emerging in the United States. Isis, a venture...
10:19 AM, Feb 11, 2012
San Francisco: Google Inc is introducing a credit card for its advertising customers, offering its clients a credit line to try and drum up business as competition in the online ad market heats up. Google is offering the card to select US clients with what it calls a competitive interest rate, an ample credit line and no annual fee. The catch: it can only be used to buy search advertising...
07:43 AM, Jul 21, 2011
London: WikiLeaks has again begun accepting credit card donations, a company affiliated with the secret-spilling site said Thursday. Andreas Fink, the chief executive of Icelandic payment processor DataCell, told The Associated Press that Visa and MasterCard were again processing payments to WikiLeaks after a seven-month hiatus. Fink claimed the move as a tacit admission of guilt from the credit card companies, but it may well have been accidental. Visa Europe...
07:28 AM, Jul 08, 2011
New York: US shoppers soon will be able to use mobile phones to pay for things at the checkout counter under a system unveiled by Google Inc and other major companies. Google, MasterCard, Citigroup, Sprint and transaction processing company First Data will make the service available this summer in New York and San Francisco, Google said on Thursday. The service, which competes with plans by Visa and other top US...
12:44 PM, May 27, 2011
New York: Google Inc will take the wraps off a mobile payment system on Thursday that lets consumers pay at checkout with phones instead of cards, a source said, hoping to beat Visa and others to the punch. The Internet search and advertising leader will work with MasterCard Inc, the world's second-largest credit and debit card processing network, to launch the system, the source familiar with the matter told Reuters...
09:39 AM, May 25, 2011
New York: Credit card lenders could be facing more than $300 million of card replacement costs if customers affected by the Sony Corp data breach decide to replace their credit cards. Analysts have previously estimated that the incident could cost Sony more than $1.5 billion, but this is the first time they have put a price tag on how much major lenders will also suffer. "It's not insignificant," Sanjay Sakhrani,...
06:46 AM, Apr 29, 2011
San Jose: It's not just consumers who have to make hard choices when paying with plastic. Credit card companies choose to scrutinise some bits of information for signs of fraud while ignoring others. And those decisions are made in a fraction of a second when approving or denying a sale. Visa, which operates the world's biggest electronic payment network, is speaking publicly Thursday for the first time about new technologies...
09:24 AM, Jan 07, 2011
London: Banks were accused of a cover-up after they tried to silence a Cambridge University scientist who exposed a fatal flaw in chip and PIN card security. The UK Cards Association (UKCA), which represents the country's biggest banks, objected to research that showed how a simple 20 pounds device could be used by fraudsters to buy goods without entering a valid personal identification number at the till. Former Labour MP...
01:03 PM, Dec 29, 2010
New York: On a day the Sensex touched the 20,000 mark for the first time since January 2008, there’s some more good news. The worst economic recession in eight decades is now officially over. Stocks surged on Monday to a 4-month high on news that the great recession is officially over! The Dow jumped 145 points to close at 10,753, the Nasdaq closed 40 points higher and the S and...
11:40 AM, Sep 21, 2010
As the world battled recession, the Chinese bought more credit cards. ...
11:55 AM, Nov 12, 2009
The heist has been described as the largest data breach ever in US. ...
12:50 PM, Aug 18, 2009
From August 1 you have to register yourself with your bank's website. ...
11:48 PM, Jul 31, 2009
Identity proof needed for high-value transactions. ...
11:05 PM, Jul 27, 2009
Banks have asked merchants to do so to check fraud-related activities. ...
06:07 PM, Jul 26, 2009
displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.
Disclaimer: Network18 Media & Investments Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
