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.

    Written by Hamish Barwick13 Aug. 14 09:59
  • 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.

    Written by Hamish Barwick30 July 14 11:56
  • NFC uptake accelerating: Visa

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

    Written by Diana Nguyen08 Dec. 11 13:37
  • 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.

    Written by CIO Staff09 Sept. 11 14:37
  • Understanding PCI compliance auditing

    Businesses of all sizes must undertake PCI compliance auditing to ensure that their customers' data is protected during credit or debit card transactions and if stored within any internal business databases.

    Written by CIO Staff09 Sept. 11 15:05
  • PCI compliance checklist

    If you're business is obliged to undertake a PCI audit, then following a PCI Compliance checklist will ensure that you're security processes and payment processing meet the compliance standards. To ensure that you are meeting PCI compliance standards, you'll need to start by looking at what exactly PCI compliant means.

    Written by CIO Staff09 Sept. 11 13:57
  • PCI compliance services in Australia

    If you operate, own or hold a management role in an Australian business that stores, transmits and processes customer payment data, you may have recently been contacted by your bank regarding your PCI compliance status.

    Written by CIO Staff09 Sept. 11 13:30
  • Lax attitude to PCI, security costing businesses: Investigator

    Merchants who view security and payment card industry (PCI) compliance as an extra cost will be rueing the decision when hackers hoping to swipe credit card data strike, believes one industry specialist.

    Written by Hamish Barwick21 April 11 08:41
  • Russian charged with selling credit card numbers online

    A Russian man accused of selling stolen credit card numbers online for nearly a decade has been arrested in Nice, France, and faces charges in an indictment unsealed Wednesday, the U.S. Department of Justice said.

    Written by Grant Gross12 Aug. 10 05:18
  • Visa's payclick takes on PayPal for micropayments

    Credit card giant Visa has entered the micropayment processing space with payclick, a pre-paid hosted service aimed at teenagers purchasing online line content such as music and games.

    Written by Rodney Gedda24 June 10 08:06
  • 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.

    Written by Nancy Gohring20 May 10 07:37
  • PCI council launches certification program for IT staff

    The organization responsible for administering the Payment Card Industry Data Security Standard (PCI DSS) has launched a new program to help enterprises conduct self-assessments of their compliance with the standard.

    Written by Jaikumar Vijayan01 May 10 05:08
  • ValidSoft tackles problem of credit-card blocking

    ValidSoft is pushing forward with software it says banks can use to avoid unnecessarily blocking credit card transactions, an occasional frustration for travelers outside of their home country.

    Written by Jeremy Kirk23 April 10 06:32