Credit Card Payments

Plastic is Not Broken

I came across an interesting article about emerging payments today. The focus of the article was covering a speech by John Thomas, Senior Vice President for Emerging and Electronic Payments at Bank of America Continue reading

Mobile Security

Questioning Mobile Security

I like questions. I like asking them and answering them. So I thought I would throw out a bunch of questions I’ve received over the last several months about mobile security, give my own opinionated answers, and maybe even raise some new questions to discuss. Continue reading

Pay at the Table Solutions

Is it time for Pay at the Table?

This week I received an interesting email. It read something like this: “Check your statement!”, and had a link to a New York Times article regarding a skimming attack at a restaurant I just ate at in New York City. Continue reading

SquareLogo

Square Security Flaw

At the Black Hat security conference today, Aperture Labs revealed just how easy it is to hack Square’s audio jack plug-in magnetic stripe reader. CNET Mashable ReadWriteWeb Wall Street Journal You heard from VeriFone back in March that the omission of security in Square’s reader was a serious threat to consumers’ data, and ultimately, trust in the payments industry. This is only the beginning of a potential goldmine for hackers and criminals to skim cards and capitalize on stolen card data. It’s important to keep consumer security top of mind – putting non-secure mobile payment readers in the market jeopardizes the trust we, and other industry players, have worked so hard to build. Dave Faoro is Vice President, Chief Security Officer at VeriFone.

Mobile wallet

Mobile Wallet: Queasy Yet?

In Dave Talach’s blog post he slams industry scare tactics around new mobile wallets. There is hype and it is understandable that NFC security nay-sayers unsettle Dave’s stomach. But unfortunately, we need to get ready for a turbulent ride. Continue reading

Mobile Security

The Security of NFC

I love easy solutions to complex problems. Frozen yogurt is a simple solution to the complexities of ice-cream induced weight gain, and if that fails, I understand Spanx work wonders as well. Continue reading