Tag: Payment Card

Infographic Shows why Bitcoin is Superior to Card Payments or Bank Transfers

It doesn’t happen all that often to see bitcoin gain positive recognition. For some reason, Spain’s Cyber Security Institute deems it safer than bank-based payments and transactions.  The new infographic by Spain’s CSI paints an interesting picture. Bitcoin is a Solid Payment Method Most of the fraudulent financial activity occurs through traditional payment methods. This has been a well-known fact for several years, yet it remains largely ignored. This infographic …
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New Poloniex Fiat On-ramps Don’t Impress the Crypto Community Right Away

In the cryptocurrency world, finding a proper exchange is not as easy as one might think. Especially if that trading platform in question offers a fiat on-ramp, there is some reason to be mildly excited. In the case of Poloniex, however, the recent addition of a new fiat currency on-ramp might not necessarily get too many people excited right away.  The new Poloniex Fiat On-ramp According to a recent Twitter …
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Payment Card Holders Need to Beware of Shimming Attacks

Rather than swiping a payment card, most retailers are switching to chip-based cards in recent months. Unfortunately, this new method of payment which should add more security to the concept of card transactions, has become a target for skimming criminals. This new method, called shimming, is making headway in Canada right now. Experts predict this trend will expand to the United States, and possibly even Europe, in the coming months. …
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Top 6 Payment Card Data Breaches of 2016

A large amount of data breaches have taken place throughout 2016, some of which were organized by criminals looking to collect sensitive payment data. Credit and debit card details were stolen from various companies and platforms, causing a lot of financial damage. We have sought out some of the most notorious payment card data breaches of 2016. #6 Cici’s Pizza The attack against the Cici’s Pizza chain was quite newsworthy, considering …
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