Category Archives: Standards

Malaysia – Mastercard to complete shift from signature to pin by Jan 2018

By | October 7, 2017

KUALA LUMPUR: Mastercard Inc said it will reach a key milestone by January 2018 when all its debit cards feature contactless and a personal identification number (PIN)-enabled function, in a move to provide more convenience to consumers, prevent fraud and improved security. Wider contactless acceptance is expected in Malaysia, with more merchants opening up to the technology, the… Read More »

GlobalPlatform Publishes On-Device NFC Service Management Specification

By | September 6, 2017

New standard defines multiple contactless environments on a single device ensuring the predictable behavior of all NFC services September 06 2017 –  GlobalPlatform Managing Entity Specification has been published, completing a ‘stack’ of complementary software standards from ETSI and the NFC Forum that ensures multiple mobile contactless services successfully coexist within a device and will operate as intended, regardless… Read More »

India – Credit card fraud: RBI steps in to protect customers, but here is what you must do to avoid losses

By | July 7, 2017

In a bid to limit customer liability in fraudulent credit card, online transactions, the Reserve Bank of India (RBI) has come out with revised guidelines and has also sought to make rules stricter for banks in cases of frauds. “With the increased thrust on financial inclusion and customer protection and considering the recent surge in customer grievances relating… Read More »

FirstBank Re-elected Payment Card Security Standard Council Board

By | May 29, 2017

FirstBank of Nigeria Limited said it has been re-elected into the Board of Advisors of the Payment Card Industry Security Standards Council (PCI SSC), for the third consecutive time.  PCI SSC is an open, global forum for the development of payment card security standards.  The PCI Security Standards Council, works with organisations around the world to protect businesses and consumers against data theft by… Read More »

ACTA’s Request to Postpone PCI DSS Granted, New Deadline is March 2018

By | April 3, 2017

TORONTO — Following concerns from the travel agent community, IATA has extended the deadline for agents to comply with the Payment Card Industry (PCI) Data Security Standard (DSS). Originally scheduled for June 1, 2017, IATA’s Passenger Agency Conference Steering Group (PSG) has announced that it has approved the postponement of PCI DSS compliance until March 2018. The move… Read More »

PCI Security Standards Council Issues Multi-factor Authentication Guidance

By | February 9, 2017

WAKEFIELD, Mass., 9 February 2017 — Attackers continue to compromise valid credentials to access company networks and steal data. To help organizations combat this growing threat, the PCI Security Standards Council (PCI SSC) has issued guidance on the proper use of multi-factor authentication for preventing unauthorized access to computers and systems that process payment transactions. Multi-factor authentication (MFA)… Read More »