Displaying items by tag: Credit Cards

Researchers at ETH Zurich, a university for science and technology studies, have used a man-in-the-middle attack to bypass the use of a PIN code by Mastercard payment cards, and also those from Maestro.

A survey of 1000 Australians has found that about half (48 percent) are now using their smartphones to make payments, either through use of an app — including mobile banking — or else through other functionality.

There has been a marked reduction in the level of fraud experienced by its merchant customers, according to the Commonwealth Bank, but despite the drop the bank has warned that small businesses must remain extra vigilant over the festive season.