The Maryland Department of the Environment (MDE) launched their online Invoice Payment Service that allows business customers to pay invoices for permits and other MDE services online. The new Invoice Payment Service accepts all major credit cards and eCheck/ACH payments and is available 24 hours a day, seven days a week.
IronKey Founder and Chairman will address federal cyber security leaders and their counterparts in the private sector at a Security Innovation Network (SINET) conference this week. The Company joins other executives from the Department of Defense, The Office of the Director of National Intelligence (DNI) and the Department of Homeland Security (DHS) as a featured presenter at the two-day event taking place March 15 – 16, 2011 at Stanford University. The conference is one way the DHS-supported SINET organization works to forge public/private partnerships that accelerate national security innovation in cyberspace. The use of IronKey’s portable storage devices with strong encryption and cloud-based management allows organizations to achieve safe harbor from fines and mandated notification. Its sales in its banking business unit more than doubled every quarter last year.
The Smart Card Alliance endorses the Obama Administration’s National Strategy for Trusted Identities in Cyberspace (NSTIC). Developed under Obama’s Cyberspace Policy Review by the National Security Staff and an interagency writing team, the NSTIC Framework is intentionally broad in scope, providing a wide range of trusted identity constructs and identity protection technologies. The Healthcare and Identity Councils of the Smart Card Alliance strongly agree with the ideas of using federal, state and local government and academia programs to accelerate development of the Identity Ecosystem, while leveraging existing procedures, standards and technologies such as FIPS 201 and the Federal Identity, Credentialing and Access Management Roadmap used to achieve Personal Identity Verification (PIV) and interoperability (PIV-I) in Homeland Security Presidential Directive (HSPD)-12. The NSTIC document explains that the need for such a strategy is due to the rising tide of identity theft, online fraud and cyber intrusions, the proliferation of usernames and passwords that individuals must remember, and the need to deliver online services more securely and efficiently.
Identity theft prevention provider Intersections has teamed with ITAC to enhance the “IDENTITY GUARD” product
suite with a more robust identity theft recovery
service. An exclusive feature of ITAC Victim Assistance that will now be
available to IDENTITY GUARD(R) customers is the electronic notification
to all ITAC Member companies, primarily banks, that alert them of
suspected fraud. ITAC, the Identity Theft Assistance
Center, is the national advocate for identity theft victims and a
leading voice on identity policy. A nonprofit supported by financial
services companies, ITAC is dedicated to protecting all consumers
through education, research and the criminal prosecution of identity
crime. ITAC created the first national identity theft resolution network six
years ago for financial services companies that offer it as a free
service for their customers. Recognized for its innovative
public/private solution to identity theft, ITAC and its dedicated team
of identity theft recovery professionals will add significant value to
the IDENTITY GUARD product suite.
Following a recent security breach, NJ-based Heartland Payment Systems
has formed an internal department dedicated exclusively to the
development of end-to-end encryption to protect merchant and consumer
data used in financial transactions. The new department will be headed
by Steven Elefant, co-founder and former chief executive officer of
ICVerify and a member of the US Secret Service Electronic Crimes Task
Force and Infragard. Last week, Heartland confirmed it was the victim of
a security breach within its processing system last year. The intrusion
was discovered this month, but the processor believes it is contained.
No merchant data or cardholder SSNs, unencrypted PIN, addresses or
telephone numbers were involved in the breach. Nor were any of
Heartland’s check management systems; Canadian, payroll, campus
solutions or micropayments operations; “Give Something Back Network”; or
the recently acquired Network Services and Chockstone processing
platforms. (CF Library 1/21/09)
OR-based Prime Factors has launched its “Bank Card Security System v3.0” designed to support “EMV2000” specifications for smart cards. “BCSS v3.0” middleware insures its chip card-issuing clients stay current with EMV security standards, is compatible with Thales “Host Security Modules” to provide secure card processing and reduces the burden of upgrading custom code of the Thales “HSM 8000” on clients. These clients, which include banks, bankcard processors, retail chains and card manufacturers, use “BCSS” to process encrypted keys, public key certificates and card security codes. Prime Factorsâ customers include TSYS, Alliance Data and First Data.
The City of Miami Parking Authority is now offering the Vancouver-based”Verrus Pay by Phone” service for 8,000 street spaces and 20 parking lots. To use the service, motorists must first register their mobile phone number, tag number and Visa/MasterCard number with the Verrus service. Once signed up with a free pay by phone account, users simply call the toll-free number from the registered phone and key in the location number (posted on the meter or on nearby signs) and the amount of parking time desired. The appropriate total, plus a 35-cent service charge (including the text message reminder cost), will be charged to the credit card. A transaction history is then viewable any time the user logs into his or her account at http://www.paybyphone.com . When paying by phone, motorists may also select the option to receive a text message reminder a few minutes before their time expires and add more time remotely – no more hurried trips to the vehicle to feed the meter.
The APACS-sponsored Dedicated Check and Plastic Crime Unit (DCPCU),
which focuses on the prevention of payment card/check fraud and is based
in London, has shown great effectiveness throughout the year. For 2007,
the unit demonstrated a fraud prevention volume of GBP 107 million, just
million less than reported combined volumes for the first 5 years of the
deployment. Responsible for a significant increase in fraud prevention, the
DCPCU disrupted 421 organized crime networks, recovered 103,000
compromised card details, 16,500 counterfeit cards and 7,000 fraudulent
checks. Collectively, these efforts led to a 94% conviction rate of the
The U.K.’s “Dedicated Cheque and Plastic Crime Unit” marked its fifth anniversary this past weekend after saving card issuers more than $260 million to-date. The “DCPCU” has recovered more than 125,000 counterfeit cards and card numbers and has secured 156 convictions and made almost 400 arrests on fraud related matters since 2002. The “DCPCU” also announced it is now headed by Detective Chief Inspector John Folan who replaced DCI Roger Cook in January of this year. During 2007, the banking industry also plans to merge its “Fraud Intelligence Bureau” with the intelligence section of the “DCPCU” to create a “Payments Industry and Police Joint Intelligence Unit.”
The U.K.’s “Dedicated Cheque and Plastic Crime Unit” will mark its fifth anniversary this weekend after saving card issuers more than GBP 130 million to-date. The “DCPCU” has recovered more than 125,000 counterfeit cards and card numbers and has secured 156 convictions and made almost 400 arrests on fraud related matters since 2002. The “DCPCU” also announced it is now headed by Detective Chief Inspector John Folan who replaced DCI Roger Cook in January of this year. During 2007, the banking industry also plans to merge its “Fraud Intelligence Bureau” with the intelligence section of the “DCPCU” to create a “Payments
Industry and Police Joint Intelligence Unit.” According to APACS, the U.K. payments association, total card fraud losses hit GBP 428.0 million in 2006, compared to GBP 439.4 million for 2004, and the peak of GBP 504.8 million in 2004. APACS notes that losses as a percentage of plastic card turnover equated to 0.095% in 2006 – significantly less than the 0.141% figure in 2004. “CNP” fraud rose to GBP 212.6 million last year compared to GBP 183.2 million for 2005. (CFI Library 3/14/07)
Global Links Card Services will designate Stargazer as the default beneficiary of 35% of the merchant rebates generated by the use of the FastMax Rewards VISA debit card, powered by Alliance Card’s rebate technology. The Stargazer Foundation is a U.S. tax exempt, nonprofit 501(c)(3) public charity dedicated to using technology for social good. Alliance Card Inc. develops and deploys an electronic debit card transaction-processing platform, supported by (POS) electronic card readers. GLCS is a subsidiary of PTS.
The National Association of Attorneys General and the ATF yesterday praised the credit card industry for agreeing to take affirmative actions to prevent the illegal sale of cigarettes over the Internet and for agreeing to work cooperatively with law enforcement in shutting down these illegal operations. The NAAG and the ATF announced an aggressive public/private initiative to prevent such sales. They noted that virtually all sales of cigarettes over the Internet are illegal because the sellers are violating one or more state and federal laws, including: (1) state age verification laws; (2) the federal Jenkins Act (which requires that such sales be reported to state authorities); (3) state laws prohibiting or regulating the direct shipment of cigarettes to consumers; (4) state and federal tax laws; (5) federal mail and wire fraud statutes; and (6) the federal RICO law. Many of the sales made by foreign Web sites also violate federal smuggling, cigarette labeling, money laundering and contraband product laws.