By Jim Daly@DTPaymentNews An investigation by hotel operator InterContinental Hotels Group PLC found malware had been installed on servers that processed payment cards at restaurants and bars in 12 IHG-managed properties, the company said. And a federal appellate court told a lower court to investigate whether the class of customers …

With the rollout of EMV chip cards in the United States shrinking opportunities for criminals to use counterfeit cards at the point of sale, fraud rings are turning their attention to customer-contact centers as a way to fraudulently order replacement credit and debit cards and take over consumer accounts. More …

Biometric security has gained enormous momentum since my first warnings on this subject several years ago in this column. By now, millions of us have surrendered our biological patterns, exposing our fingerprints, facial features, palm layouts, irises, ocular vein structures, even our heartbeat patterns. And once this information is out …

With biometric authentication now enabled in millions of smart phones and the focus of intense technological development, some payments experts are warning that biometric data can, just like old-fashioned passwords, be stolen, potentially leading to big problems for consumers and payment-service providers. “Biometrics are sure to proliferate in the next …

Backers of ScramCard, a new universal card that offers consumers the ability to load multiple credit and debit cards onto one card, hope messages touting its potential security and fraud-mitigation benefits will reach welcoming ears. Like other universal cards, ScramCard enables consumers to load their payment card details onto the …

Two independent sales organization executives who ran afoul of government regulators cautioned their industry colleagues Thursday on how to stay out of trouble. The warnings came during a session at the MidWest Acquirers Association (MWAA) annual conference in Chicago titled “You, Me and the FTC: Personal Stories From Being in …

It’s a huge decision for any business, but it can be especially crucial for a small one, says Dan Leberman. Here are some important considerations to make the job a little easier. Even if you have coding experience, tackling a heavy-lifting payments integration carries substantial opportunity cost. And if you …

By Dan Leberman Every business owner needs to process customer payments, but selecting a payment processor can be very confusing. To make the selection simpler, get started by identifying and prioritizing the most important factors for your business. Based on PayPal’s own best practices, here are top considerations for every …

Already found liable for its role in a telemarketing scheme that defrauded consumers, Universal Processing Services of Wisconsin LLC, doing business as Newtek Merchant Solutions, now will have to pay its share of a $1.7 million fine, a U.S. District Court judge ruled last week. The Federal Trade Commission in …

With data breaches constantly making headlines, it would be easy to conclude that fighting payments fraud is a battle that can’t be won. But there are encouraging trends, according to Javelin Strategy & Research’s latest annual identity-fraud study. Some 12.7 million Americans fell victim to ID fraud last year, a …