Medical Data Breaches Offer Best Source for Fraud

Medical Data Breaches Offer Best Source for Fraud

Data breaches dominated the news over the past two years, some with devastating impact. Data theft from government agencies, healthcare providers, financial institutions, telecoms, retailers, and social networks proved that no industry is immune from attack. Javelin’s new 2016 Data Breach Fraud Impact report assesses how the relationship between data breaches and consumer identity fraud will…

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U.S. Purchase Transactions for Visa & MC Continues Robust Growth

U.S. Purchase Transactions for Visa & MC Continues Robust Growth

Purchase transactions (PTX) for Visa and MasterCard credit and debit cards in the U.S. grew by 11.7% year-on-year (YOY) in the first quarter (1Q/16) to 19.3 billion. The growth was driven by credit cards, and more specifically MasterCard. U.S. purchase transactions for Visa and MasterCard credit cards grew by 12.9% YOY, coming in at 5906 million…

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UnionPay and BCcard Roll-Out HCE mobile QuickPass in South Korea

UnionPay and BCcard Roll-Out HCE mobile QuickPass in South Korea

UnionPay and BCcard jointly launched UnionPay HCE mobile QuickPass in South Korea, which will enable the local UnionPay cardholders to pay by tapping their mobile phones. South Korea becomes the first overseas market to have launched mobile QuickPass. Mobile QuickPass is UnionPay’s new mobile payment solution. It supports both offline contactless payment via mobile phones…

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Other News: FISERV; CHECKALT; SAFETYPAY; and CARDX

In Other News: FISERV (Notifi); CHECKALT (Klik); SAFETYPAY (growth); and CARDX (Paychex). FISERV – Fiserv has launched a platform for the delivery of real-time alerts, enabling financial institutions to meet growing expectations among consumers and small businesses for information that is timely and actionable. Notifi from Fiserv consolidates information from across a financial institution’s systems…

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