“Based on information ZDNet received from a Santander spokesperson, sources in the threat intelligence community, and details released by police departments in the affected towns, criminal gangs appear to have found a bug in the software of Santander ATMs. The bug allowed members of criminal groups to use fake debit cards or valid preloaded debit cards to […]
“As a result, MTN, the biggest mobile money operator in Ghana, has introduced a new policy . It requires proof of identity (ID) before a customer can withdraw cash. Valid forms of proof are a driver’s licence, voter’s ID, passport, Social Security and National Insurance Trust ID, National Health Insurance card or Ghana card (national […]
“When it comes to payment card fraud, criminals trying to bilk the system with stolen card credentials is what typically comes to mind. But with e-commerce sales soaring during the pandemic, another form of fraud has been gaining momentum. This is so-called friendly fraud, in which a consumer disputes a valid purchase, such as a […]
“The state Division of Consumer Protection has released tips to inform and empower New York consumers purchasing gift cards and gift certificates this holiday season. Any gift cards or gift certificates purchased in New York on or after Saturday, Dec. 10, will remain valid for a minimum of nine years from the date of purchase. […]
Apple created a lot of buzz in the industry last week when it previewed the new capabilities of iPhone OS 3.0. Leading the list of new features, surprisingly, was a payments-related enhancement called "In App Purchase". I missed the briefing, but saw this new...
