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PAAY Partners With Bluefin To Further Secure eCommerce Transactions

PYMNTS

Atlanta payments encryption firm Bluefin is partnering with New York mobile payments processor PAAY to advance eCommerce security. Founded in 2007 by Miles and John Perry, who serves as chief executive officer, Bluefin specializes in encryption and tokenization payment and data security. . also known as 3DS 2.0

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Home Depot Sues MasterCard, Visa Over Chip Card Security

PYMNTS

Visa and MasterCard are using security measures prone to fraud, putting retailers and customers at risk of thieves, The Home Depot says in a new federal antitrust lawsuit. It’s the latest large retailer to raise the security concerns, with a lawsuit filed this week in U.S. District Court in Atlanta.

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Norway Watchdog Says Bank Overcharged Customers $83M

PYMNTS

Just last week, Home Depot launched a new federal antitrust lawsuit claiming that Visa and MasterCard are using security measures prone to fraud, putting retailers and customers at risk of thieves. It’s the latest large retailer to raise security concerns , with a lawsuit filed this week in U.S. District Court in Atlanta.

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PYMNTS’ Data Dive: Strange Bedfellows Edition — Card Networks, EMV And Retail

PYMNTS

On the EMV front, Home Depot decided it felt strongly enough about Chip and PIN that that it sue MasterCard and Visa over it.Walmart Canada decided it would stop accepting Visa cards since they say they are too expensive. And according the the Atlanta-based building supplies retailer, that flaw is putting both customers and retailers at risk.

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DOJ Indicts Four Chinese Army Spies For Equifax Hack

PYMNTS

Four members of China’s People’s Liberation Army – Wu Zhiyong, Wang Qian, Xu Ke and Liu Lei – were indicted on nine counts by a federal grand jury in Atlanta. The breach gave hackers access to customers’ personal information, including Social Security numbers, drivers’ licenses, credit card numbers and birthdates.

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Main Street SMBs, Digital AP, GoodRx’s IPO Tops This Week’s News

PYMNTS

Mastercard Expands Digital Card Program To Include Instant Access, eWallet . Mastercard has grown its Digital-First Card Program in North America as demand rises for digitally-driven money management offerings. MineralTree bought Atlanta-based Regal Software and California FinTech Inspyrus. Have A Credit Card In Your Purse?

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Consumer Class-Action Suit Against Visa, Mastercard Allowed To Go Forward

PYMNTS

Home Depot launched a federal antitrust suit earlier this year in which it contends Visa and Mastercard are using security measures prone to fraud, putting retailers and customers at risk of thieves. Atlanta-based Home Depot said new payment cards with “chip” technology remain less secure in the U.S.

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