The U.K's Dedicated Cheque and Plastic Crime Unit (DCPU) have recently uncovered state of the art social engineering scheme, where once backdoored, chip and PIN terminals were installed at retailers ...

The global point-of-sale payment terminal market is enjoying a technology boom as manufacturers peering just over the horizon see rampant demand for in-store devices that can accommodate both ...

during the manufacturing process in China. It is believed an extra chip fixed to the back of the motherboard during manufacturing could have been responsible for millions of pounds being taken from ...

In order to better support the global nature of their customers, Department of Defense (DoD) Government Travel Charge Cards are now being issued with both magnetic stripes and chip-and-PIN ...

Two Cambridge researchers have devised a relay attack with a hacked chip and PIN terminal that could enable attackers to bypass bank card security measures. Saar Drimer and Steven Murdoch, members of ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Six POS vendors participated in the race - staged at the ...

Researchers at the University of Cambridge in the U.K. have demonstrated how a chip-and-PIN terminal used to authenticate credit and debit card transactions in that country can be compromised to steal ...

Automated fare collections system provider Cubic, which maintains London’s Oyster card, has installed 491 unattended terminal payment devices in the United Kingdom, allowing Transport For London ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Chip & PIN Solutions, the UK’s leading provider of card payment solutions ...

Supposedly, credit card transactions in the U.S. were going to become considerably more secure by last Oct. 1 – the deadline for merchants and card-issuing banks to be ready to process so-called “chip ...

Chip and PIN cards and readers are finally rolling out in the United States. Unlike traditional magnetic cards, which use static information to make a transaction, these pieces of plastic create a new ...

Like many Americans, you've probably received a new credit or debit card at some point in the last few months with a computer chip embedded. These new "chip-and-PIN" or "chip-and-signature" cards are ...