As U.S. banks deploy chip-enabled EMV debit and credit cards, most articles on the subject imply the new cards will dramatically reduce fraud. According to a 2014 report by Aite Group, 37% of all U.S. credit card fraud involved theft of credit card numbers and...
Teller capture – also known as teller scan or front counter capture – is a processing workflow designed to take advantage of shifts in retail banking: the decrease in transaction volume performed at brick and mortar locations coupled with the prevalence of the x9.37...
There is a familiar theme in all security breaches, regardless of scale: careless oversight and failure to act proactively. Let these cautionary tales help ensure your organization does not fall victim to cyber criminals who will always exploit those who fail to...
Charges have been formally filed against three former employees of the Oahu Transit Services Employees Federal Credit Union who were recently charged with embezzling nearly $500,000 over several years. An investigation to the thefts determined the actions of each were...
As of February, Target began reporting that in-store traffic and retail sales had started to recover following the data breach which impacted up to 40 million cardholders during the holiday season. However, the company still has a long way to go before it will reach...
