Breaches exposed 1 in 7 US debit cards in 2013
Data breaches at retailers and financial services companies exposed 14 percent of all U.S. debit cards in 2013, according to a nationwide survey by a major ATM network operator.
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Isis wireless carriers back off separate mobile payment network
Isis, a consortium of three major U.S. wireless carriers, has reportedly decided to back off plans for a new, separate mobile payment network and will instead work within traditional systems that include major credit card processors such as Visa and MasterCard for mobile transactions.
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Mobile payment pilot coming to Salt Lake in 2012
Isis, a joint venture of three U.S. wireless carriers, on Tuesday announced that it's planning a pilot of smartphone-based mobile wallet technology in Salt Lake City in 2012.
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Big telcos aim to replace credit cards with smartphones
Verizon, AT&T and T-Mobile have joined forces to build a mobile commercial payment network that will let customers use smartphones as credit cards.