The vision is that Card Not Present transactions will be increasingly deflected onto other payment channels, completely bypassing the use of card numbers at the website/call centre.
Overcoming the top five challenges businesses experience when securing their payments: Protecting data in-transit; Failing to test and audit systems; Managing chargebacks; Authenticating transactions; Physical security of data.
Money-giant Mastercard has unveiled a new payment card which contains a fingerprint scanner for the purposes of verification.
The California-based security has published an analysis which claims not much effort has been put into the new variant, and as a result was a doddle to catch.
Breach at Verifone, the point-of-sale payment giant, once again raises concerns about credit card transactions as it insists attackers didn't get any further than its corporate network.
Madison Square Garden Company (MSG) reported payment card information was stolen from potentially hundreds of thousands of customers who attended shows or sporting events at the organisation's five major venues during the last year.
More than half of global consumers believe mobile wallets are less secure than cash, but nearly 60 percent of executives say mobile money will build their business because it's safe.
Mastercard plans to authenticate transactions using selfies and thumb-prints, in a bid to move away from traditional username and password authentication, and make the payment process as frictionless as possible.