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“You canEUt download your dinner, but often, you can order and pay for it with your smartphone. Consumers are increasingly using connected devices to locate restaurants, make reservations, browse menus and nutrition information, order food for delivery or pickup, pay for meals, and instantly redeem rewards. “
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“Visa and MasterCard are renewing a push to speed the adoption of microchips into U.S. credit and debit cards in the wake of recent high-profile data breaches, including this week’s revelation that hackers stole consumer data from eBay’s computer systems. Card processing companies argue that a move away from the black magnetic strips on the backs of credit cards would eliminate a substantial amount of U.S. “
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“At the Mobile World Congress (MWC 2014) in Barcelona, MasterCard and mobile technology company Syniverse announced Tuesday their alliance to develop an opt-in credit card service for travelers. The system will enable credit card transactions when users have their mobile device switched to that particular destination”
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“After the Target and Niemen Marcus network breaches, retailers are now hyper-vigilant about security. But the hotel industry may need to open its eyes a little wider. White Lodging, a company that maintains hotel franchises under nationwide brands including Hilton, Marriott, Sheraton and Westin, appears to have suffered a data breach that exposed credit and debit card information on thousands of guests throughout much of 2013, according to KrebsOnSecurity”
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“With the Department of Justice investigating the credit and debit card security breach at Target, IT professionals are also digging deeper into learnable lessons from what industry watchers are calling the second largest breach in U.S. history. We turned to James Lyne, global head of security research at Sophos, for his thoughts on the breach, which led to the theft of about 40 million credit and debit card accounts between Nov. “