How are businesses around the world using FinTech?

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?

Security flaw allows bypassing PIN verification on Visa contactless payments

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

Mastercard trials selfies as password replacement

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