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PCI Point-To-Point Encryption Guidelines Raise New Questions

The PCI Security Standards Council today is expected to issue guidelines on use of point-to-point encryption in protecting sensitive payment card data,

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BofA Says Some Debit Cards Compromised

Bank of America Corp. (BAC), the biggest U.S. lender by assets, sent some customers new debit cards this week after accounts may have been compromised at a merchant.

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Verifone Releases News on SquareUp’s Merchant Swipe Reader Allowing Unencrypted Data

Today is a wake-up call to consumers and the payments industry. Last year, a start-up named Square introduced a credit card reader for smartphones with the goal of making it very easy for anyone to accept credit cards through a mobile device.

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