If you're a regular HotHardware reader, you probably make contactless payments now and again. You might even do it using Apple Pay, and if you live in a big city with mass transit, there's a decent likelihood that you have Express Transit enabled. If you use a Visa card for it, you may want to reconsider that based on...Read more...
We already know about that hackers are able to steal credit and debit card details at gas pumps by using skimmers, which are devices that slip over the payment slot and, for the most part, look legitimate (they're found on ATMs as well). However, skimmers are not the only threats. Visa's Payment Fraud Disruption (PFD)...Read more...
The era of cryptocurrency is not behind us, apparently. One look at Bitcoin's value—it sits at around $9,143 currently—indicates that there is room for at least one type of digital coin, even after the crypto-bubble burst last year in general. It is not just Bitcoin, though. Facebook is making a major move into the...Read more...
It was just a few weeks ago when we told you about the SPOILER speculative attack that affects Intel processors, and now we’re learning of a new security exploit that takes advantage of the company’s Visualization of Internal Signals Architecture (VISA). The VISA exploit was detailed to the public at a Black Hat Asia...Read more...
There's little question that VR and AR technologies have the potential to make a major impact across a seemingly endless number of applications and industries. Today we're shown another example as Google and its friends at VISA and Bank Of America step up to showcase another fantastic application for the technology in...Read more...
The unveiling of Apple's next iPhone is expected to take place next Tuesday, but despite that, the rumor train surrounding the device refuses to slow down. Late last week, we reported that the iPhone 6 could include an NFC chip under its hood, and as far as many Apple fans are concerned, that's long overdue. Now, we...Read more...
Samsung is most certainly winning the Android war in terms of market share, profit share, and mind share. In fact, it's getting tougher and tougher for those other Android OEMs to make a dent in the market, with Samsung spending billions each on marketing alone. Needless to say, we suspect that Visa is pretty pumped...Read more...
After what's being described as a "massive data breach" at Global Payments, Visa has decided to part ways with the payment processor and try its luck elsewhere, Global Payments CEO Paul Garcia said, according to a report in the Associated Press. MasterCard, meanwhile, is either willing to give Global Payments the benefit of the doubt that...Read more...
As you head into the weekend getting ready to party and celebrate the end of another long and grueling work week, take some time to keep tabs on your MasterCard and Visa accounts. If you don't, you could be in for a rude awakening when you go to pay for drinks and find out that your card has been declined. At issue...Read more...
Mobile payments are quite clearly riding the wave into the future, and with Google Wallet taking charge on just a few phones, there's plenty of opportunity for others to come in and steal some of that pie. Visa has recently begun the certification of smartphones for use as Visa Mobile Payment Devices. In particularly...Read more...
What's needed to really get people hooked on contactless payments? Lots and lots of industry support. Google Wallet has set the bar for what's possible with NFC in the smartphone, and now Visa is making a play to expand their own reach for when the time comes to take advantage. The company recently acquired South African firm Fundamo, with...Read more...
It's finally happening. Well, maybe we should rephrase that. It's finally happening in America. NFC payments, as well as other contactless options, have been all the rage in places like Japan for years now, with many cellphones having these chips embedded in them, enabling consumers to pay for metro rides and groceries with a swipe of their...Read more...
Is mobile payment the future? It might be. Samsung's Nexus S is already equipped with NFC, a common protocol for mobile payment systems. And now, Visa and DeviceFidelity could be delivering similar support to phones that lack an NFC module from the factory. The two companies today the commercial availability of mobile...Read more...
Location-based services and GPS can be used for a number of things, but have you considered them being used for fraud prevention? That's an idea just announced by Visa Europe. It's pure common sense: the assumption is that if the smartphone and your credit card are in close proximity, you are most likely using the...Read more...
Visa helps a lot of people buy a lot of stuff: $1 trillion dollars annually. They're currently testing a payment system, along with Wells Fargo Bank, that allows its customers to make payments using their mobile phones. Such payment methods are already common in Japan and South Korea. Using "account-level processing," Visa's payment-processing...Read more...