FinTech, or financial technology, is a term that it is difficult to avoid these days, as the sector continues to gather momentum across the globe. A recent ESET survey found that over two-thirds of businesses globally expect their investment in FinTech to increase post-Covid-19, while a study from Research and Markets found that the global FinTech market … More How are businesses around the world using FinTech?
The vulnerability could allow criminals to rack up fraudulent charges on the cards without needing to know the PINs. A team of researchers from the Swiss Federal Institute of Technology in Zurich (ETH Zurich) has found a security vulnerability in Visa’s EMV contactless protocol that could allow attackers to perform PIN bypass attacks and commit … More Security flaw allows bypassing PIN verification on Visa contactless payments
A new app could see Mastercard accepting selfies instead of passwords to make purchases online. The trial will involve users taking a selfie using a Mastercard app on their smartphone, then using this at the checkout point of purchase, rather than a password, reports the Daily Telegraph. Mastercard customers currently have to use the SecureCode … More Mastercard trials selfies as password replacement