Tennessee firm blames bank for $193K cybertheft
A lawsuit filed in Tennessee earlier this month has resurfaced questions about a bank's responsibility in protecting customers against cyberheists.
Financial IT - News, Features, and Slideshows
News about Financial IT
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Retail industry rallies behind open standard for tokenization
A coalition of retail industry trade groups this week called for the creation of an open tokenization standard for protecting credit and debit card data from theft and misuse.
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Visa launches 'Checkout' for quick and easy payments from any device
Visa announced a new simplified digital payment service called Visa Checkout, which is designed to allow customers to pay quickly for goods online on any connected device.
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Payment card security revamp becoming chip vs. PIN tussle
Industry efforts to shore up payment card security after the massive data breach at Target appear to be devolving into a battle over chip vs. PIN technology between retailers and credit card companies.
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ATM operators eye Linux as alternative to Windows XP
Some financial services companies are looking to migrate their ATM fleets from Windows to Linux in a bid to have better control over hardware and software upgrade cycles.
Features about Financial IT
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FAQ: What you need to know about chip-embedded credit cards
Banks have been sending millions of Americans credit and debit cards equipped with computer chips to improve the security of in-store purchases.
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Security lessons from 2012
More DDoS attacks on banks, cyberwarfare, and targeted attacks could well be in store in 2013, security experts warn.
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New York, New Jersey financial sector well prepared for Hurricane Sandy
Lessons from 9/11 have helped ensure the financial services sector in New York and New Jersey is prepared for disasters, and even shorted the time to recover when regional events happen.