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Financial IT - News, Features, and Slideshows
Visa announced a new simplified digital payment service called Visa Checkout, which is designed to allow customers to pay quickly for goods online on any connected device.
Industry efforts to shore up payment card security after the massive data breach at Target appear to be devolving into a battle over chip vs. PIN technology between retailers and credit card companies.
Some financial services companies are looking to migrate their ATM fleets from Windows to Linux in a bid to have better control over hardware and software upgrade cycles.
More than six out of 10 ATM machines in the country will be running on an obsolete operating system when Microsoft pulls the plug on Windows XP on April 8, raising serious security and compliance issues for the systems' operators.
A senior executive from Visa Inc. dismissed concerns over the manner in which the Europay MasterCard Visa (EMV) chip card standard is being implemented in the U.S. and insisted the move will yield significant security benefits for retailers, consumers and banks.
More DDoS attacks on banks, cyberwarfare, and targeted attacks could well be in store in 2013, security experts warn.
Lessons from 9/11 have helped ensure the financial services sector in New York and New Jersey is prepared for disasters, and even shorted the time to recover when regional events happen.
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