Wednesday 24 August 2016
 
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ENBD Egypt suspends credit, debit card use abroad

Emirates NBD Egypt said it was suspending use of debit and credit cards abroad, a control intended to keep hard currency inside the bank as Egypt endures a crippling forex shortage. Egypt has suffered from

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Hyatt Hotels hit with credit card hack

Hyatt Hotels Corp said on Wednesday that its payment processing system was infected with credit-card-stealing malware in an attack discovered three weeks ago, the latest in a series of breaches at hospitality firms. Company spokes

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Hyatt Hotels hit with credit card hack

Hyatt Hotels Corp said on Wednesday that its payment processing system was infected with credit-card-stealing malware in an attack discovered three weeks ago, the latest in a series of breaches at hospitality firms. Company spokes

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How much is your bank card data worth?

The average price for stolen credit and debit card account information with bank ID and the card holder’s date of birth could sell for as much as $45 in cybercriminal marketplaces on the “dark web”, a report said.

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JPMorgan Chase building rival to Apple Pay

JPMorgan Chase & Co said on Monday it will soon launch its own competitor to Apple Pay that will allow consumers to pay retailers using their smartphones in stores, and it has already won the endorsement of a major group of merchants.

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Saudi cbank curbs credit card cash withdrawals

Saudi Arabia's central bank has tightened restrictions on cash withdrawals from banks using credit cards in an effort to head off any consumer debt problems. Previously, under an informal industry arrangement customers could o

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Oman Air launches anti-credit card fraud initiative

Flag carrier Oman Air has launched a new initiative to prevent credit card fraud, which will see a tightening of checks on the validity of credit card transactions. It will be backed up with social media announcements, e-flyers an

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KFH-Bahrain, Gulf Air ink strategic deal

Kuwait Finance House – Bahrain (KFH-Bahrain) has signed a memorandum of understanding (MoU) with Gulf Air, which entitles KFH-Bahrain credit card holders to discounts whenever they purchase travel tickets through Gulf Air online.

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KFH-Bahrain, Gulf Air ink strategic deal

Kuwait Finance House – Bahrain (KFH-Bahrain) has signed a memorandum of understanding (MoU) with Gulf Air, which entitles KFH-Bahrain credit card holders to discounts whenever they purchase travel tickets through Gulf Air online.

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MasterCard doubles card numbers in Mideast, Africa

MasterCard has doubled the number of its cards to about 100 million in the Middle East and Africa in the past three years, where it has begun setting up partnerships with governments to provide access to its payments system. That

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