Finextra: MasterCard is betting that a surge in the use of contactless cards across Europe will act as a gateway for the mass adoption of mobile phone payments. Source: www.finextra.com Contactless payments were bound to surge. See on Scoop.it – Security, Compliance, Privacy, & Payments

American and British spies hacked into the internal computer network of the largest manufacturer of SIM cards in the world. Source: firstlook.org #Whitehat’s prove a point. See on Scoop.it – Security, Compliance, Privacy, & Payments

Parking rewards startup Parkt now offers users the choice of cashing out local area loyalty points in bitcoin, as well as parking discounts. Source: www.coindesk.com #Bitcoin use expanding with prices falling. See on Scoop.it – Security, Compliance, Privacy, & Payments

Samsung acquired U.S. startup LoopPay, whose technology is likely to underpin the South Korean technology giant’s new mobile payment service and help it compete against Google Wallet, eBay’s PayPal and Apple Pay. Source: www.wsj.com #Samsung getting active in #mobile #payments space. See on Scoop.it – Security, Compliance, Privacy, & Payments

Efforts to mitigate cybersecurity and privacy risks involving automobiles continue to gain traction. A new report articulates the challenges, and federal Source: www.healthcareinfosecurity.com The next frontier to keep an eye out for from security perspective, Automobiles. See on Scoop.it – Security, Compliance, Privacy, & Payments