News

• Global Payments says fewer than 1.5M cards affected in data theft

  Payments processing services company, Global Payments said late Sunday that information on up to 1.5 million card numbers may have been "exported" as a result of an unauthorized access into its processing system.

• Possible massive data breach of Visa-MasterCard accounts under investigation

  A massive data breach of a payment-card processor's network could involve more than 10 million compromised card numbers, according to security news writer Brian Krebs in his online posting today.

• NFC to kill keys, wallets: Telstra CTO

  Mobile devices will become the all-in-one item of choice for consumers within a decade thanks to the expectant growth in near field communications (NFC), said Telstra’s chief technology officer.

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  Hoyts serves up food, drink via mobile payment app

  Sydney Hoyts customers will be the first in the world to pilot a mobile payment application developed by MasterCard called QkR which allows them to order food and drinks without leaving their seat.

• Anonymous' Robin Hood credit card fraud campaign could hurt more than just banks

  Hacktivist groups Anonymous and TeaMp0isoN have joined together in a new campaign that involves compromising credit card details and using them to donate money to charities, homeless people and anti-government protesters around the world.

• MasterCard gives sneak peek into mobile payments future

  MasterCard on Thursday gave a sneak peek into the near future of mobile payment systems and said that the Google Wallet application is within weeks of being rolled out commercially.

• MasterCard, Visa face EU complaint over WikiLeaks donations

  WikiLeaks' card payment processor is preparing legal action against Visa Europe, MasterCard Europe and other payment intermediaries after its contract to process payments was abruptly terminated following WikiLeaks' release of secret U.S. diplomatic cables last November.

• Satyam sets up testing center for MasterCard

  Satyam Computer Services is setting up a business applications testing center in Kuala Lumpur, Malaysia, for payments company MasterCard, reflecting a growing interest among customers to sign up new business with the Indian outsourcer as it recovers from a financial scandal.

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  MasterCard takes on Rugby World Cup scammers

  International credit card provider MasterCard has claimed it has sufficient card security measures in place at stadiums around the country, allaying the potential concerns of Rugby Union fans travelling to New Zealand for the sport’s world cup in September.

• MasterCard Australia outlines card security roadmap

  International card provider, MasterCard, has outlined a five-year plan for making its Australian network more secure through the use of card security measures, such as the Europay, MasterCard and Visa (EMV) standard.

• Bank of America cuts services for WikiLeaks

  Bank of America has joined the growing list of financial and technology companies that have cut off services to WikiLeaks, a move that comes amid speculation that the whistleblower site is preparing to release information about the bank.

• MasterCard lets iPhone owners send or receive money with app

  Using MasterCard's MoneySend application, iPhone and iPad users will be able to send or receive money using their phone or tablet, the card company said on Thursday.

• MasterCard to cater to developers with APIs, portal

  MasterCard is launching a program for external developers interested in tapping into some of the credit card giant's internal payment and data services to create applications.

• MasterCard to cater to developers with APIs, portal

  MasterCard is launching a program for external developers interested in tapping into some of the credit card giant's internal payment and data services to create applications.

• Heartland, MasterCard settle over data breach

  Heartland Payment Systems has made a third settlement deal, this time with MasterCard, related to a massive data breach two years ago at the card payments processor.