credit cards - News, Features, and Slideshows

• CBA's Lock and Limit gets 40k enrolments

  The Commonwealth Bank of Australia (ASX: CBA) has announced 40,000 enrolments for its Lock and Limit service that allows credit card users to lock and unlock certain transactions on their card.

• Countdown begins for switch from debit/credit card signature to PIN

  Banks are reminding consumers that they will no longer be able to sign when they make purchases on their debit and credit cards in Australia from 1 August 2014. Instead, people will need to use a PIN – part of a move to decrease card fraud in Australia.

• PayPal announces in-store payments in Australia

  Retail customers can pay without cash or a credit card under a new in-store payment API announced today by PayPal for Australia.

• NFC uptake accelerating: Visa

  Despite some security loopholes remaining, near field communications technology is gaining a foothold in Australia, according to Visa A/NZ.

• PCI compliance requirements for Aussie businesses

  Payment Card Industry (PCI) Data Security Standards (DSS) refer to a set of standards that must be followed by big and small businesses alike when accepting, storing, processing and transmitting customers’ credit card information. To be compliant with PCI standards, all business owners, including online retailers, should adhere to 12 PCI compliance requirements for best security practices.

• AFP hits $6 million identity fraud syndicate

  The Australian Federal Police (AFP) claims to have struck a major blow to a multi-million identity fraud syndicate.
  

Whitepapers about credit cards

• 

  PCI: It’s Not Just for Card Companies Anymore

  Companies and retailers that process credit and debit cards are required to implement the requirements of the Payment Card Industry Data Security Standard (PCI DSS). This ebook looks at why many now feel that this standard should also be implemented by companies that are not required to do so due to its many benefits.