ABA Endorses Rippleshot for Card Breach Detection Tool
ABA — through its Corporation for American Banking subsidiary — announced today that it has endorsed Rippleshot’s automated card compromise detection platform.
ABA — through its Corporation for American Banking subsidiary — announced today that it has endorsed Rippleshot’s automated card compromise detection platform.
ABA this week will take part in a joint advertising effort with other bank and credit union trade associations urging Congress to require higher standards of protection for consumer data.
Six months after the EMV card fraud liability shift, more than four in 10 retailers have not updated terminals in any of their stores, and an additional quarter of retailers have completed updates of less than half of their terminals, according to a survey by the website CardHub.
The retail industry’s continued emphasis on static technologies impedes innovation and stands in the way of consumer protection, said ABA SVP Jess Sharp in an op-ed in The Hill today.
With a retail industry lobbying group visiting Capitol Hill offices this week, ABA sent a memo today to members of Congress rebutting retailers’ claims about data security.
ABA’s Card Policy Council today called on all consumer-facing industries to implement the latest payment protection technologies and data safeguarding practices, including activating chip card readers and accepting payments from secure mobile wallets.
Holistic authentication strategies can improve both the customer experience and identity risk management.
President Obama today signed an executive order launching a Cybersecurity National Action Plan to help the federal government and businesses protect Americans from cyber attacks.