Full Canadian impact of Visa, MasterCard breach still not clear

There's still no official word on how many Canadian Visa and MasterCard customers may have been affected by the security breach at payments processing company Global Payments Inc.Visa and MasterCard are staying mum

Published on: April 3rd, 2012 ITBusiness Staff

Investigators probe Visa, MasterCard data breach

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.The name of the

Published on: March 30th, 2012 Ellen Messmer

Google Wallet put to field test in San Francisco

The much-anticipated Google Wallet app debuts today--for now, available only on the Sprint Nexus S 4G phone. The app is the latest to use Near Field Communications (NFC) technology to facilitate payments--customers pay

Published on: September 20th, 2011 Megan Geuss

MasterCard, PayPal reap botnet payback siege for shunning WikiLeaks

PayPal's website was hit late Wednesday by two botnets as online activists continued their Web attacks on companies that have severed their relationships with WikiLeaks. The activists have recruited volunteers, who have banded

Published on: December 10th, 2010 Robert McMillan

How to secure your credit card transactions

Credit card companies issue to consumers, who shop on credit and pay bills later. The companies make their money two ways: one, by taking commission from merchants and two, by charging interest from

Published on: November 4th, 2008 Talha Ghafoor

Get that chip off your shoulder and put it on your credit card

Chip-enabled credit and debit cards will almost entirely replace magnetic strip cards within the next five years – perhaps sooner, e-payment experts say. Vastly improved security will be the most tangible impact of

Published on: October 31st, 2008 Kavita Gosyne

Race begins in Canada to cash in on mobile phone payments

Early in the race to get Canadians buying things with their mobile phones, MasterCard might be ahead by a nose, but Visa has unveiled a wiser partner choice, says an analyst. The two

Published on: June 9th, 2008 Brian Jackson