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Sex Trafficking Website Dropped by Visa, MasterCard

Visa and MasterCard have agreed to cut ties with sex trafficking websites. Their cards can no longer be used to purchase ads from such sites. The decision came after Cook County Sheriff Thomas Dart wrote to both Visa and MasterCard urging them to stop doing business with Backpage.com – a website that is

Facial Recognition & MasterCard

In this day and age of digital economy, where many crucial activities are performed with the help of computer, the need for reliable and secure system is a great concern for many companies. Since security breaches and transaction scams are on the rise these days, biometric face recognition solutions are being implemented at

PCI Compliance – Why is it Important?

What is PCI compliance? Essentially, PCI stands for Payment Card Industry. PCI compliance is a set of specific requirements meant to ensure that all firms that process, transmit or store credit card data maintains a secure environment. In other words, it is designed to protect personal information when transactions are processed using a

U.S. Banks Adding EMV Chip Technology

U.S. banks are switching up the insides consumers' credit cards by adding EMV chip technology, (an acronym for Europay, MasterCard, and Visa) the occurrence of credit card fraud is greatly diminished, as EMV chips are extremely difficult to counterfeit. Motivated by a recent spate of security breaches in stores belonging to big name