security

Action Required: Payment Gateway Support for TLS v1.2

Dear Customer, As a reminder, the PCI Security Standards Council has mandated that all instances of SSL and early TLS must be upgraded to a secure version of TLS by June 2018. To provide our customers with the highest levels of data security, we will be making several changes that may impact the way you interface […]

El fraude por clonación de tarjetas de crédito y débito aumenta 26% en Panama

En la actualidad, 632.110 tarjetas circulan en el mercado local. A marzo de este año la deuda asciende a US$2.032 millones, US$294 millones más que el año pasado. En Panamá el delito de fraude por clonación de tarjetas de crédito y débito aumentó un 26% en el año 2016. Mientras el sector bancario busca cerrarle […]

How Does the Blockchain Work ?

How Does the Blockchain Work ?   Each transaction is a digital ‘block’ that needs to be verified before it’s allowed to enter the system. Questions include: Is the money there? Are sender and receiver reputable? Is the request legitimate? And so forth. Each computer on the network competes on unscrambling the answers, and the […]

Does The Online Card Payment Landscape Unwittingly Facilitate Fraud?

Video of the hacking : click here This article provides an extensive study of the current practice of online payment using credit and debit cards, and the intrinsic security challenges caused by the differences in how payment sites operate. We investigated the Alexa top-400 online merchants’ payment sites, and realised that the current landscape facilitates […]

Fraude de tarjetas migra de Tarjetas presentes a transacciones con Tarjeta no presente

A pesar de que los fraudes con tarjetas de crédito y débito han disminuido con el ingreso de los plásticos con chip, las autoridades recomiendan a los usuarios ser precavidos ante la entrada de los últimos meses del año, cuando se incrementa el consumo en los comercios y por internet. Milton Scafullery, coordinador del Comité […]

Posible robo de datos de tarjetas de credito de los clientes a mas de 20 hoteles

Más de 20 hoteles operados Starwood, Marriott, Hyatt e Intercontinental operados por HEI Hotels & Resorts sufrieron un ataque con malware con el objetivo de robar datos de miles de transacciones de comida, bebidas y otros servicios prestados en esos hoteles. Norwalk, HEI en Connecticut, dijo que el malware que encontraron en los sistemas de HEI fue diseñado para obtener data de […]

WalMart sues Visa for resisting use of PIN-based transactions

Wal-Mart Stores Inc filed a lawsuit against Visa Inc, saying the payments network operator was resisting the use of personal identification numbers (PINs) by customers for purchases made on debit cards at its stores. Wal-Mart and other U.S. retailers have pushed their payment partners to allow customers to use PINs instead of old-school signatures in […]

New Credit Card Scam / Malaysia

KUALA LUMPUR: With only basic knowledge in coding and the use of a web debugging proxy, several syndicates took to their computers to “purchase” electronic and luxury appliances from online shopping companies. They would visit the online shopping websites and purchase all their items using phony credit card details while the debugging app was activated. […]

Tarjetas de crédito encabezan reclamos en Bancos de Panama

Las tarjetas de crédito encabezan la lista de un total de los 114 reclamos que de enero a marzo recibió la Gerencia de Servicio de Atención al Cliente Bancario de la Superintendencia de Bancos de Panamá (SBP). Transacciones no reconocidas, duplicidad de cargos, casos de fraude y clonación, así como desacuerdo con los cargos aplicados […]

PCI To Publish New Version April 28 With More Strict Authentication, Service Provider Rules

“The most important point is that the change to the requirement is intended for all administrative access into the cardholder data environment, even from within a company’s own network. This applies to any administrator, whether it be a third party or internal, that has the ability to change systems and other credentials within that network […]

Time to update ISO8583 in card payment transactions?

The messages used in card payment transactions are still based on the ISO8583 messaging standard originally published in 1987. The standard has of course been updated on a number of occasions (1993, 2003) though the latest version has not become widely used. Perhaps some time in the future we will get a widely used standard […]

EMV Shows Slow Progress

It’s a marathon, not a sprint—which is how the EMV transition might be described. While credit card issuers and payments companies indicate that a majority of credit cards now have the embedded chip, that does not capture the reality of limited EMV POS usage. As colleague, Alex Johnson, points out in the Bloomberg report, entering […]

Computerworld Suggests Linking Gift Cards to Purchasing Cards to Prevent Fraud

“What thieves often do is take advantage of a technology hole with most retailers. That hole is that the specific identifying numbers of gift cards are not always tied to the card that made the purchase. In other words, when a bank shuts down credit or debit card 123456, there is usually not an automatic […]

Recodificacion de tarjetas para la nueva base de datos

Estimados Clientes, El proceso de actualización de la base de datos culminó la semana pasada. Estamos recodificando las tarjetas para que puedan ser procesadas en la nueva base de datos. Todas las tarjetas recodificadas serán procesadas mas rápido a través de la terminal física, podrán ser utilizadas a través de la terminal web y tendrán […]

Emetec – Actualizacion de base de datos y mejoras al Servicio

Estimados Clientes, Entre el Lunes 31 de Agosto y Viernes 4 de Septiembre de 2015 estaremos realizando un upgrade a nuestra base de datos y durante este periodo de tiempo las terminales conectadas a la red de Emetec / MercadoRegalo presentarán interrupciones en donde no se podrá utilizar las terminales ni transaccionar. Esta actualización es […]

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