
Meridian Payments Industry News
IID eCrime Trends Report finds phishing attacks rising year over year 11.05.2011Tacoma
Wash., may 10, 2011 -- IID (Internet identity), a provider of technology and
services that help organizations secure Internet presence, today released its
First Quarter eCrime Trends Report that revealed phishing attacks in Q1 2011
increased significantly compared to Q1 2010. According to IID, criminals
utilized phishing scams 12 percent more from January to March 2011 than during
the same period a year ago. IID expects this increased phishing activity and
recent internet security breachses to result in more spear phishing atacks,a
sophisticated form of e-mail fraud targeting a specific person or organization.
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Source: Greensheet Newswire
Meridian Payments and Internet Merchant Accounts: The Importance of Choosing the Right Company 06.04.2011Creating your own e-commerce website requires more than just planning and website design. You have to consider creating internet merchant accounts, and work on the online payment processing such as credit cards and echecks. Everything seems complicated – but with these given things, why do people want to set up their own business online? It is unquestionably true that a large percentage of businesses nowadays turn to the internet since it has been a known fact that the internet can help everyone generate more revenues and sales. To read the rest of this article and find out how and why choosing the right company is so important click here
nuBridges Takes Sensitive Data Tokenization to the Cloud 15.02.2011nuBridges has announced nuBridges Protect Tokenization as a sService (TaaS), the "first cloud-based tokenization service for national and multi-national companies that want to protect Personally Identifiable Information (PII) and Electronic Health Records (EHR) to improve security, reduce risk, ease compliance and minimize data security costs. Read the rest of this article here.
Source:Glenbrook Partners
Federal Reserve Reports Increase in Consumer Credit for 4Q2010 07.02.2011Monday Februrary 7th 2011 - The US Federal Reserve has reported its latest G.19 Consumer Credit statistics - finding that "consumer credit increased at an annual rate of 2.50% in the fourth quarter. Revolving credit declined at an annual rate of 2.75%, and nonrevolving credit increased at an annual rate of 5.50%. In December, consumer credit increased 3.00% at an annual rate."
Source: Glenbrook PartnersBefore you can pay with phones near-field communications needs better security 07.02.2011Monday Februrary 7th 2011 Near-filed communications chips promise to launch a new era of mobile commerce. The wireless technology makes it possible to buy something with the swipe of your smartphone, rather than cash or a credit card. But the technology requires rock solid security. Read entire article here.
Source: Venturebeat
PhoneFactor Announces Multi-Channel Solution to Credit and Debit Card Fraud 26.01.2011 Wednesday January 26th 2011 - PhoneFactor has announced support for phone-based multi-factor authentication using ISO8583, the standard protocol that card issuers use to process credit and debit card transactions. By supporting the widely used ISO standard, PhoneFactor claims it can "authenticate card transactions in any channel, including point-of sale, ATM, and online transactions, through a single technology implementation."
Source: Paymentsnews
Cisco Issues PCI Compliance 13.01.2011Thursday Janurary 13th, 2011 - Cisco has unveiled the results of a survey conducted by InsightExpress of 500 infomration technology decision-makers to uncover and qualigy current sentiment on PCI DSS five years after the standard emerged. Surprisingly, respondents think PCI compliance has been more beneficial than not. View results here.
Source: Glenbrook Partners