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Who Raided Tesco — and How — Still Unclear

PYMNTS

the questions surrounding Tesco’s cybersecurity breach remain: Whodunit — and how? Tesco had on Monday halted online transactions tied to current accounts. But in the meantime, said Reuters, full online access to services would not be restored until the cybersecurity breach had been fully explored and explained. Across the U.K.,

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Who Raided Tesco — and How — Still Unclear

PYMNTS

the questions surrounding Tesco’s cybersecurity breach remain: Whodunit — and how? Tesco had on Monday halted online transactions tied to current accounts. But in the meantime, said Reuters, full online access to services would not be restored until the cybersecurity breach had been fully explored and explained. Across the U.K.,

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FICO’s Take On Debit Security

PYMNTS

Federal Trade Commission (FTC) is investigating whether these companies illegally prevented merchants from routing debit transactions over alternate networks. A Big-Picture Approach To Thwarting Debit Fraud. Old forms of cybersecurity are not enough to keep up with fraudsters’ increasingly innovative attacks.

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How FIs Can Win The Battle Against ‘Smarter’ Payments Fraud

PYMNTS

When establishing the foundation of an effective FI cybersecurity program, though, he said it’s important to have a culture in place with a set of rules for different modes of transactions. With the evolution of fraud, the detection and prevention efforts also change.

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Mobile Payments: What’s In It For Me?

PYMNTS

is mired in cybersecurity anxieties. And Cybersecurity Is A Downer. ” While the Fed added fuel to the cybersecurity fire today as Kansas City Federal Reserve President Esther George stated that concerns with cybersecurity in U.S. Meanwhile, consumers in Asia have no such qualms, while the U.S.

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What is an EFT Payment? Everything to Know About This Method of Payment

Stax

EFT Payments vs Credit Card Payments While debit transactions are EFT payments, credit card payments are not. Businesses are encouraged to employ comprehensive cybersecurity practices to reduce risk. EFT payments involve the direct transfer of funds between bank accounts. Q: What are peer-to-peer payments?

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Fiserv’s 1Q Results Marked By Internal Revenue Growth, 25 Percent Growth In Mobiliti

PYMNTS

Debit transaction growth was in the mid-single digits, with peer-to-peer transactions up more than 20 percent. In his own remarks on the call, CFO Robert Hau said that within the payments segments, internal revenue growth was 5 percent, while adjusted revenues gained 7 percent to $770 million.

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