Peter Sunde, one of four cofounders of notorious BitTorrent search site The Pirate Bay, says he plans to run in next year's European Parliament elections, despite his impending incarceration for... read more
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Visa
Former Anonymous member convicted in attacks against PayPal, MasterCard, Visa and more
Submitted by l33tdawg on Fri, 2012-12-07 01:16
A 22-year-old U.K. man was convicted for his involvement in a series of distributed denial-of-service attacks launched by the hacktivist group Anonymous against PayPal, MasterCard, Visa and other companies in 2010.
Christopher Weatherhead, of Northampton, U.K., was convicted Thursday at London's Southwark Crown Court on one count of conspiracy to impair the operation of computers, contrary to the U.K. Criminal Law Act of 1977, the U.K.'s Crown Prosecution Service said in a blog post.
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Visa pushes for two-factor authenticated transactions
Submitted by l33tdawg on Tue, 2012-08-21 23:26
Payment technology company Visa is attempting to drive Australian uptake of its 3-D Secure offering, which adds more security to online payment transactions to reduce credit card fraud.
Last month, a joint strike force took down a counterfeit credit card manufacturing operation in Sydney, New South Wales, potentially stopping AU$5 million in fraudulent transactions. But what has Visa worried is the increase in online fraud, which is categorised as "card not present" frauds. This makes up 71 per cent of credit card fraud that is committed in Australia.
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WikiLeaks back open for donations through French Carte Bleue system
Submitted by l33tdawg on Wed, 2012-07-18 11:00
After almost two years of fighting an unlawful banking blockade by US financial giants VISA and MasterCard, WikiLeaks has announced it is back open for donations using the French credit card system, Carte Bleue.
The Wau Holland Transparency Reports for WikiLeaks' finances, released today, illustrate that the blockade resulted in WikiLeaks' income falling to just 21% of its operating costs. WikiLeaks has been forced to run on its cash reserves which have diminished from EUR 800,000 at the end of December 2010, to less than EUR 100,000 at the end of June 2012.
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Visa threatens banks over spammer accounts
Submitted by l33tdawg on Mon, 2012-03-05 09:39
Visa has begun threatening banks that harbour spammer accounts in a move designed to crush the spam revenue model.
The initiative, described as a “major effort”, had been quietly underway since the start of the year and has already forced the closure of accounts held by major spam players.
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- 1415 reads
Vodafone to roll out mobile payments with Visa
Submitted by l33tdawg on Mon, 2012-02-27 10:45
Vodafone and Visa have announced a worldwide partnership that will enable the carrier's subscribers to pay for goods and services using their mobile phones instead of coins and banknotes.
The deal will see the two companies working together to develop a Vodafone-branded proposition that will be offered to consumers across Vodafone's customer base of 398m subscribers in more than 30 countries on five continents. The service will run on Visa's payment network and will use the payments network's product suite and brand.
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- 1188 reads